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LATAM Airlines Group It has positioned itself as the most sustainable on the American continent and fifth worldwide, according to the Corporate Sustainability Assessment (CSA) the S&December Global P 2024.
In this edition, LATAM got 67 points in your social performance, environmental and economic, which represents an improvement of 3 points compared to the previous year, being surpassed only by airlines from the Asian continent. This result reflects the group's constant work to integrate sustainability as a strategic pillar in its operation., consolidating itself as a benchmark in the region and worldwide.
LATAM the most sustainable
The above, allowed him to LATAM Airlines Group S.A once again integrates the prestigious Dow Jones Sustainability Index (o Dow Jones Sustainability Index, in English) after 5 years absent after its reorganization process under the Chapter 11 of US Bankruptcy Law. Hoy, LATAM is once again a member of the index both in its list of Chile as in the MILA Pacific Alliance, that highlights companies from Peru, Chile and Colombia.
“The LATAM group has proposed to work on sustainability from a broad and transversal perspective, while continuing to connect and transport its passengers. We are happy to see that the path we have taken is bearing fruit., However, there is still a lot of work ahead. Consistent work will continue to advance the roadmap towards net zero emissions, incorporate a circular economic model and generate value for the communities where the group operates”, indicated Roberto Alvo, CEO de LATAM Airlines Group.
Progress during the period
With its sustainability strategy as a roadmap, The group has set goals under three focuses: Climate change, Circular Economy and Shared Value, the most relevant being achieving zero net emissions by 2050, eliminate single-use plastics in your operation, seek to be zero waste to landfills 2027 and work together with the communities where it operates through its free passenger and cargo transportation program “Avión Solidario”.
In this way, the group LATAM has managed to compensate more than 1.9 million tons of CO2 since the year 2020 and support the conservation of more than 300 thousand hectares of floodable savannahs in Colombia, a strategic ecosystem due to its high CO2 capture capacity. What's more, has reduced by a 97% single-use plastics in your operation, which represents more than 1,700 tons and, through the “Solidarity Plane” program, from 2021, have transported free of charge to more than 6,660 people and 779 tons of cargo, keeping close to 50 alliances in 5 South American countries with organizations like Solca, the Ecuadorian Red Cross and the Ecological Airport of Galapagos in the case of Ecuador.
The above occurs within the framework of a positive year for LATAM in which it has registered sustained and profitable growth. At the end of the third quarter, The group managed to reduce its adjusted net leverage and achieve liquidity of US$3.6 billion, growing more than 15% in passenger operation. Recently, LATAM Airlines Group released its financial and operational projections for the 2025 estimating an adjusted EBITDAR between US$3,250 million and US$3,600 million and a growth in its passenger operations between 7% and the 9% (measured in available seat kilometers – ASK).
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