89 O N E R E P O R T 2 0 2 2 OVERVIEW BUSINESS OVERVIEW AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL INFORMATION SUSTAINABLE BUSINESS DEVELOPMENT SDGs Material Topic 2022 Objective Results and Progress in 2022 Status Plan for Development Short-term Objective (Present-2025) Medium-term Objective (2035) Long-term Objective (2050) Climate Change Crisis Management Reduce the Carbon Intensity Ratio to 3gCO2/RPK per year Normalisation of passenger numbers and Green Operating Procedures reduced the Carbon Intensity Ratio to targets Achieved Added innovations and operating procedures to assist pilots to fly efficiently to reduce CO2 emissions. Strong marketing and flight scheduling increased Load Factor, reducing the Carbon Intensity Ratio Maintain CO2 emissions below median set by ICAO in accordance with CORSIA Continuously reduce Carbon Intensity Ratio to 3gCO2/RPK/per year Implement SAF utilisation in flight operations to reduce CO2 emissions Maintain CO2 emissions below median set by ICAO Achieve Net Zero Carbon Emissions Waste Management Don Mueang station recycles 100% of non-hazardous waste zero landfill of non-hazardous waste for Don Mueang stations No use of plastic straws and plastic bags for in-flight meals The airline is continuing to develop its recycling processes Achieved 1. Continue certification by the Low Emission Support Scheme (LESS) 2. Continue waste segregation and recycling Continue certification by LESS and publicise results in the Sustainability Report Reduce landfill waste from all main stations to zero by 2050 Governance and Code of Conduct Support directors and managements to train in Corporate governance and Code of Conduct for the benefit of their duties Sustainability Committee underwent relevant ESG training Disclosure and financial reporting of registered company Achieved All Sustainability Committee members undergo relevant ESG training Employees undergo business ethics training Employees understand and adequately practise Code of Conduct Communications through all channels promote employee awareness in good governance and company regulations Sustainability Goals Thai AirAsia based its sustainability goals on materiality issues and aligned them with those of Capital A. Each material topic and its objectives are matched to the United Nations Sustainable Development Goals (UN SDGs) it contributes to. The objectives are broken down into short-, medium-, and long-term targets for a progressive and attainable goal.
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