Fund Key Metrics*
Active
Fund Status
$200 Million
Fund Size ($USD)
Dubai, UAE
Head Office
Emirates
Parent Airline
2023
Year Fund Founded
Website
Contact Information
Emirates Aviation Sustainability Fund
Airline Sustainability Fund
Overview of Emirates Aviation Sustainability Fund
Emirates, the world's largest international airline, has taken a monumental step in the aviation industry's journey towards sustainability. With a commitment of US$ 200 million, the airline is set to fund research and development (R&D) projects aimed at reducing the reliance on fossil fuels in commercial aviation. This initiative marks the largest single investment by any airline in sustainability efforts, spread over a three-year period.
Strategic Focus: The fund will be dedicated to identifying and partnering with leading organizations specializing in advanced fuel and energy technologies. This move underscores Emirates' proactive approach to addressing the most significant challenge in reducing the environmental impact of aviation.
The disbursement of funds will be overseen by Emirates’ Environmental Sustainability Executive Steering Group, supported by technical experts, ensuring targeted and effective allocation of resources.
Emissions Reduction Initiatives: Emirates has a robust environmental policy focusing on emissions reduction, responsible consumption, and wildlife and habitat conservation. Key initiatives include:
SAF-Powered Flights: Participation in the SAF market since 2017, including the first 100% SAF-powered demonstration flight in partnership with Boeing and GE.
Industry Collaborations: Active involvement in industry working groups and contributions to the UAE's power-to-liquid (PtL) fuels and National Sustainable Aviation Fuel Roadmaps.
Modern Aircraft Fleet: Investment in 200 Airbus and Boeing wide-body aircraft, including A350s and 777Xs, to reduce emissions significantly.
Fuel Efficiency Program: Implementation of flex tracks, fuel-efficient ground practices, and renewable energy initiatives, including solar panels and electric vehicles.
*Last update: November 2023