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Assesment 2 Professional skills and development

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2
Contents
Introduction ................................................................................................................................ 3
Results and Findings .................................................................................................................. 3
Mining...................................................................................................................................... 3
Banking.................................................................................................................................... 6
Aviation.................................................................................................................................... 9
Overall results ....................................................................................................................... 12
Discussion .................................................................................................................................. 13
Introduction to Discussion ................................................................................................... 13
Mining Industry Discussion ................................................................................................. 14
Banking Industry Discussion ............................................................................................... 15
Aviation Industry Discussion ............................................................................................... 17
Cross-Industry Comparisons and Insights......................................................................... 18
Conclusion .................................................................................................................................. 18
Reference list: ............................................................................................................................. 19
3
Introduction
This report embarks on an exploratory journey into the sustainability practices of three
critical industry sectors: mining, banking, and aviation, particularly in their alignment with the
United Nations Sustainable Development Goals (SDGs). It aims to shed light on how major
companies within these sectors are adopting and implementing strategies to contribute to these
global goals. The focus is on understanding the distinctive ways in which these industries
integrate sustainability into their business models, highlighting the challenges and successes
they encounter in their pursuit of the SDGs.
Through a meticulous analysis of publicly available resources such as sustainability reports,
financial disclosures, and industry-specific studies, this report evaluates the extent to which the
mining, banking, and aviation sectors are not just acknowledging but actively engaging with
the SDGs. The objective is to provide a comprehensive overview of the current landscape of
sustainable practices within these industries, illustrating both the advancements made and the
areas where further effort and innovation are needed.
This report serves as a critical reflection on the role of these key sectors in fostering a
sustainable future. It underscores the importance of industry-wide commitment and action
towards the SDGs, highlighting the interplay between economic growth, environmental
stewardship, and social responsibility. By analysing these sectors' contributions to the SDGs,
the report offers insights into the ongoing efforts and potential pathways for achieving a more
sustainable and equitable world.
Results and Findings
Mining
In our comprehensive analysis of the mining sector, we employed a targeted review of the
latest sustainability reports, press releases, and relevant publications from five distinguished
industry leaders, each with a significant global presence and a unique approach to
sustainability: Glencore, Anglo American plc, Barrick Gold Corporation, Newmont
Corporation, and Freeport-McMoRan Inc. This methodology focused on evaluating each
company's alignment with specific UN Sustainable Development Goals (SDGs), assessing
their strategies, initiatives, and measurable outcomes as reported in these documents,
supplemented by reviewing third-party assessments and industry analyses. These companies
4
were strategically selected for their pivotal roles in shaping the mining landscape and their
potential impact on sustainable development goals.
Glencore, a titan in the mining and commodity trading industry, boasts a sprawling network
of operations across more than 50 countries, marking its status as a global leader. This
company’s approach to SDG 13 (Climate Action) is particularly noteworthy; it encompasses a
series of ambitious initiatives, including substantial investments in cutting-edge technologies
and innovative practices aimed at reducing carbon emissions and enhancing environmental
sustainability ("Glencore publishes 2022 Sustainability Report," 2022). This demonstrates
Glencore's proactive stance in addressing climate change challenges within the mining sector.
Anglo American plc, another industry juggernaut, has established itself as a forerunner in
promoting sustainable mining practices. The company's commitment to SDG 6 (Clean Water
and Sanitation) is evidenced by their sophisticated water management strategies, as outlined in
their "Sustainable Mining Plan" (2022). These strategies not only aim to minimize the
company’s water usage but also to ensure that their operations leave a minimal environmental
footprint, particularly in regions where water resources are scarce or vulnerable to
contamination.
Barrick Gold Corporation, a preeminent figure in the gold mining industry, has garnered
acclaim for its environmental stewardship, especially in relation to SDG 15 (Life on Land).
The company has implemented various initiatives focused on biodiversity conservation and
land rehabilitation, ensuring that post-mining landscapes are restored and that local ecosystems
are preserved and enhanced ("Barrick Gold Corporation Sustainability," 2022).
Newmont Corporation, recognized as the world’s largest gold miner, has set exemplary
standards in employee health and safety. Their alignment with SDG 3 (Good Health and Wellbeing) is manifest in their extensive and well-structured health and safety programs, as detailed
in their "2022 Sustainability Report" (Newmont Corporation, 2023).
Lastly, Freeport-McMoRan Inc., primarily known for its significant contributions to copper
mining, has distinguished itself through its dedication to SDG 7 (Affordable and Clean
Energy). The company’s initiatives in integrating renewable energy sources into their
operations are a testament to their commitment to transitioning towards more sustainable
5
energy practices, thereby reducing their carbon footprint and contributing to global energy
sustainability ("Freeport-McMoRan Publishes 2022 Annual Report on Sustainability," 2023).
Engagement with the SGDs table
SDGs
SDG
1
(No
Poverty)
SDG 2 (Zero
Hunger)
SDG 3 (Good
Health
Anglo
Glencore
and
Well-
being)
SDG 4 (Quality
Education)
SDG 5 (Gender
Equality)
SDG 6 (Clean
American plc
Community
-
investment
SDG
7
Energy)
SDG 8 (Decent
Work and Economic
Growth)
SDG
9
(Industry, Innovation
and Infrastructure)
SDG
Gold
Newmont
Community
-
-
Health
Employee health
Healthcare
Health
initiatives
-
Gender diversity
-
programs
Water
Water
management
initiatives
Emission
-
reduction
Employment
Job creation
generation
Innovation
mining
in
Technological
innovation
initiatives
McMoRan Inc.
Community
-
support
-
programs
Freeport-
Corporation
-
Water and Sanitation) management
(Affordable and Clean
Barrick
Corporation
development
-
and
safety
Safety programs
-
-
-
-
-
Inclusion efforts
Water
Water
Water resources
conservation
-
stewardship
Renewable
energy projects
Local economic
impact
Economic
contribution
management
Renewable
energy integration
Economic
growth
-
-
-
-
10
(Reduced
-
-
-
-
-
-
-
-
Waste
Sustainable
Inequalities)
SDG
(Sustainable
11
Cities
and Communities)
SDG
12
(Responsible
Consumption
Community
infrastructure
and management
practices
-
Sustainable
operations
-
Production)
SDG
13
(Climate Action)
SDG 14 (Life
Below Water)
Carbon
footprint reduction
-
Energy
efficiency
-
Environmental
measures
-
Climate action
plans
Climate
strategies
-
-
6
SDGs
Glencore
SDG 15 (Life on
Land)
Land
rehabilitation
Anglo
American plc
Biodiversity
Barrick
Corporation
Ecosystem
Gold
Newmont
Corporation
Biodiversity
FreeportMcMoRan Inc.
Environmental
restoration
conservation
management
-
-
-
-
-
-
Partnerships
Collaborations
SDG 16 (Peace,
Justice
and
Strong
-
Institutions)
SDG
17
(Partnerships for the
Goals)
Global
partnerships
This in-depth exploration of each company’s strategic alignment with different SDGs
highlights the mining sector's multi-faceted approach to sustainable development. The
accompanying tables and detailed graphs, provided in the appendices, further elucidate each
company’s specific contributions and advancements toward these goals, offering a
comprehensive and visually engaging representation of their efforts in the realm of sustainable
development.
Banking
The methodology employed for this analysis involved a comprehensive review of each
bank's annual reports, sustainability reports, and relevant financial statements. Additionally,
market analyses, corporate disclosures, and reputable financial news sources were consulted to
ensure a thorough understanding of each bank's operations and their alignment with SDGs.
This multifaceted approach ensures the reliability and depth of the findings.
Industrial and Commercial Bank of China (ICBC), the world's largest bank by total assets,
occupies a central position in sustainable development, particularly in the context of China.
ICBC's contributions to SDGs are reflected in its robust commitment to financial inclusion,
responsible banking practices, and support for climate action. The bank's initiatives in
promoting sustainable development resonate with SDGs 1 (No Poverty), 7 (Affordable and
Clean Energy), and 13 (Climate Action).
JP Morgan, a global financial giant, exhibits a diverse set of characteristics ranging from
investment banking to retail services. The bank's commitment to sustainability is evident in its
initiatives related to responsible banking practices and social impact. JP Morgan's contributions
7
to SDGs include efforts in poverty alleviation, clean energy financing, and responsible
consumption and production. This aligns with SDGs 1, 7, and 12.
HSBC, known for its international presence, plays a significant role in sustainable finance
and global development. The bank's characteristics encompass a wide range of financial
services and a commitment to responsible banking. HSBC contributes to SDGs through its
focus on infrastructure development, corporate social responsibility, and sustainable
investments, aligning with SDGs 9 (Industry, Innovation, and Infrastructure), 12, and 17
(Partnerships for the Goals).
DBS, a leading bank in Asia, exhibits characteristics that highlight its commitment to
technological innovation and sustainable practices. The bank's contributions to SDGs are
evident in its support for sustainable finance, financial inclusion, and regional economic
development. DBS aligns with SDGs 8 (Decent Work and Economic Growth), 9, and 11
(Sustainable Cities and Communities).
United Overseas Bank (UOB), a key player in the Asian banking landscape, is characterized
by its focus on regional economic development and responsible banking. UOB contributes to
SDGs through initiatives promoting financial inclusion, corporate social responsibility, and
support for small and medium-sized enterprises, aligning with SDGs 1, 8, and 9.
SDGs
SDG
ICBC
1
(No
Poverty)
SDG 2 (Zero
Hunger)
-
-
SDG 3 (Good
Health
and
Well-
Health programs
being)
SDG 4 (Quality
Education)
-
JP Morgan
Community
investment
HSBC
Community
support
DBS
-
-
Employee health
Healthcare
Health
-
initiatives
-
Community
-
-
initiatives
UOB
safety
-
development
-
and
Safety programs
-
8
SDG 5 (Gender
Equality)
SDG 6 (Clean
Gender diversity
-
programs
Water
Water
management
Water and Sanitation) management
SDG
7
(Affordable and Clean
Energy)
SDG 8 (Decent
Work and Economic
Growth)
SDG
9
(Industry, Innovation
and Infrastructure)
SDG
initiatives
Emission
-
reduction
Employment
Job creation
generation
Innovation
in
mining
Technological
innovation
-
-
Water
conservation
-
Water
Water resources
stewardship
management
Renewable
Renewable
energy projects
Local economic
impact
Inclusion efforts
energy integration
Economic
Economic
contribution
growth
-
-
-
-
10
(Reduced
-
-
-
-
-
-
-
-
Waste
Sustainable
Inequalities)
SDG
(Sustainable
11
Cities
Community
infrastructure
and Communities)
SDG
12
(Responsible
Consumption
and management
practices
-
Sustainable
-
operations
Production)
SDG
13
(Climate Action)
Carbon footprint
reduction
SDG 14 (Life
Below Water)
SDG 15 (Life on
Land)
Land
rehabilitation
Energy
efficiency
-
Biodiversity
Environmental
measures
Ecosystem
Climate
action
plans
Climate
strategies
-
-
Biodiversity
Environmental
restoration
conservation
management
-
-
-
-
-
-
Partnerships
Collaborations
SDG 16 (Peace,
Justice
and
Strong
-
Institutions)
SDG
17
(Partnerships for the
Goals)
Global
partnerships
This comparative analysis highlights the key characteristics of ICBC, JP Morgan, HSBC,
DBS, and UOB and their contributions to SDGs. Each bank's unique attributes and initiatives
contribute to a more comprehensive understanding of their roles in sustainable development
across various industry sectors. As the banking sector continues to evolve, these contributions
play a crucial role in shaping a more sustainable and inclusive global economy.
9
Aviation
In examining the aviation industry's approach to sustainable development, we focused on the efforts
of five key airlines: American Airlines, Lufthansa, Air France, Singapore Airlines, and British Airways.
Our methodology involved an in-depth review of sustainability reports and other relevant publications
where these airlines present detailed information about their sustainability efforts, targets, and
outcomes.
American Airlines has made significant efforts in sustainable aviation, particularly in reducing its
environmental impact, as detailed in its 2021 ESG Report (American Airlines, 2021). While not
explicitly linking its operations to specific UN SDGs, American Airlines' focus on operational
efficiency and responsible consumption practices indirectly contributes to SDG 12 (Responsible
Consumption and Production) and SDG 13 (Climate Action).
Lufthansa showcases a strong commitment to sustainability, particularly in climate action. The
airline's 2022 Fact Sheet on Sustainability (Lufthansa Group, 2022) highlights its investment in fuelefficient aircraft and sustainable aviation fuels, aligning with SDG 13. Lufthansa's efforts also
contribute to SDG 12 through its emphasis on operational efficiency and waste reduction.
Air France emphasizes reducing its environmental impact, as detailed in its 2022 Sustainability
Report (Air France-KLM, 2022). The airline's initiatives in sustainable fuel usage and energy efficiency
reflect a commitment to SDG 13. Furthermore, Air France's collaborative approach to advancing
sustainability aligns with SDG 17 (Partnerships for the Goals).
Singapore Airlines is recognized for its focus on innovation and service excellence, alongside
sustainable practices. Its 2023 Sustainability Report (Singapore Airlines, 2023) outlines efforts in
efficient fuel management and reducing carbon emissions, contributing to SDG 13. The airline also
CSR/E
X
X
X
X
Air
France
Airways
Singapore
TO
Airlines
Airlines
American
Lufthansa
es Analysed
British
Variabl
Airways
plans to continue and expand its sustainability initiatives in the future.
TAL
X
SG
initiatives
reported
Yes/No
5/5
Ran
ked
10
Report
R
R
W
R
R
No
Yes
Yes
Yes
Yes
/ Website
[R/W]
UNSD
4/5
Gs identified
Yes / No
X
UN
X
X
X
SDGS
4/5
pinned to
company
goals [x]
UN
X
X
X
X
SDGs with
4/5
actions listed
[x]
Rankin
5
1
3
1
3
g of utility re
UNSDG
reporting
1–
0/5
Poverty
2–
0/5
Hunger
3–
X
X
X
X
15
15
4
4/5
Health /
Well-being
4-
X
X
2/5
Education
5–
X
X
X
9
6
3/5
Gender
Equality
6–
X
13
1/5
Clean Water
/ Sanitation
7–
X
X
X
X
Affordable
4
4/5
Clean
Energy
8–
X
X
X
6
Decent
3/5
Work /
Economic
Growth
9–
Innovation /
Infrastructu
re
X
X
X
6
3/5
11
10 –
X
X
9
2/5
Reduced
Inequalities
11 –
X
13
Sustainable
1/5
Cities /
Communitie
s
12 –
X
X
X
X
X
Consumptio
1
5/5
n&
Production
13 –
X
X
X
X
X
1
5/5
Climate
Action
14 –
X
X
9
2/5
Life below
Water
15 –
X
X
9
2/5
Life on
Land
16 –
X
13
1/5
Peace &
Justice
17 –
X
X
X
X
X
7/17
10/17
8/17
10/17
8/17
41.17
58.82
47.05
58.82
47.05
Partnerships
UN
SDGs Total
%
%
%
%
%
5/5
1
43/85
50.59%
British Airways has integrated sustainability into its operations significantly, as detailed in its 2021
Sustainability Report (British Airways, 2021). The airline's initiatives in carbon emissions reduction
and responsible resource management contribute to SDGs 12 and 13, demonstrating a balanced
approach to economic growth and environmental stewardship.
1 – Poverty
0/5
2 – Hunger
0/5
3 – Health / Wellbeing
2/5
5 – Gender Equality
3/5
6 – Clean Water /
7 – Affordable Clean
Energy
8 – Decent Work /
Economic Growth
9 – Innovation /
Infrastructure
10 – Reduced
Inequalities
11 – Sustainable
Cities / Communities
12 – Consumption &
Production
13 – Climate Action
14 – Life below
Water
Hotel
Mining
Banking
ve
Ranked
1/5
4/5
3/5
3/5
2/5
1/5
5/5
5/5
2/5
15 – Life on Land
2/5
16 – Peace & Justice
1/5
17 – Partnerships
5/5
UN SDGs Total
TOTAL
4/5
4 - Education
Sanitation
Automoti
Variables Analysed
Airlines
12
43/85
50.59%
These airlines are making meaningful strides toward sustainable development, with a focus on
climate action and responsible consumption. Their efforts reflect an understanding of the aviation
industry's role in contributing to global sustainability goals and highlight the industry's evolving
commitment to environmental and social responsibility.
Overall results
In examining sustainable development across the mining, banking, and aviation industries,
our report uncovers diverse approaches to aligning with the United Nations Sustainable
Development Goals (SDGs). In the mining sector, companies like Glencore and Barrick Gold
Corporation exhibit significant strides in environmental sustainability, particularly in climate
action and land rehabilitation, though uniformity in practices remains an area for improvement.
The banking industry, with players such as ICBC, JP Morgan, and HSBC, demonstrates
13
integrated efforts in financial inclusion and climate action, highlighting the sector’s influence
beyond traditional banking operations. Meanwhile, the aviation industry, represented by
airlines like American Airlines and Lufthansa, focuses on reducing carbon emissions and
enhancing fuel efficiency, aligning mainly with SDGs related to responsible consumption and
climate action. Across these sectors, the commitment to sustainability is evident, yet the
journey towards fully realizing the SDGs continues, emphasizing the need for innovation,
ethical practices, and collaborative efforts to achieve a sustainable future.
Discussion
Introduction to Discussion
As we transition from the results and findings to the discussion segment of this report, our
aim shifts from presenting data to delving into a deeper analysis and interpretation of the
information gathered across the mining, banking, and aviation industries. This section is
designed to offer critical insights into the sustainability practices of these sectors, drawing
comparisons with historical data, previous studies, and industry benchmarks. It provides an
opportunity to not only reflect on the unique challenges and advancements each industry faces
in aligning with the United Nations Sustainable Development Goals (SDGs) but also to
contemplate the broader implications of these efforts in the context of global sustainability.
The discussion will unfold in a structured manner, mirroring the subsection-based approach
used in the Results & Findings section, sans the Methodology. Each sector—mining, banking,
and aviation—will be examined in its own right, allowing for a focused and thorough
exploration of its specific sustainability landscape. We aim to highlight contrasts within each
sector, shedding light on the disparities between industry leaders and the wider industry
practices. This approach enables a nuanced understanding of where these industries currently
stand in their sustainability journey and what steps might be necessary to further align with the
SDGs.
As we embark on this analytical journey, it is essential to recognize the dynamic nature of
sustainability practices and the varying degrees of progress and challenges encountered by each
sector. The subsequent sections will provide a platform for a detailed and critical examination
of the sustainability strides made by the mining, banking, and aviation industries, and how
these efforts compare to past initiatives and future aspirations.
14
Mining Industry Discussion
The examination of the mining sector's sustainability practices, especially in the context of
the United Nations Sustainable Development Goals (SDGs), reveals a sector at a crucial
juncture of transformation. While companies like Glencore and Barrick Gold Corporation have
made significant strides, especially in environmental sustainability, the sector's overall
alignment with the SDGs presents a varied landscape.
Environmental Stewardship and Climate Action
Glencore’s efforts, particularly in addressing SDG 13 (Climate Action), signify a pivotal
shift towards reducing environmental impact. This is exemplified by their investment in
technologies aimed at lowering carbon emissions ("Glencore publishes 2022 Sustainability
Report," 2022). However, when compared to the broader industry standards, it's apparent that
while some mining companies are leading the way in environmental stewardship, others lag
behind, indicating an uneven commitment to sustainability across the sector. This disparity
underscores the need for a more uniform industry-wide approach to tackling environmental
challenges.
Social Sustainability and Community Engagement
The social aspect of sustainability, particularly community engagement and workforce
welfare, is another area where contrasts within the sector are pronounced. While advancements
have been made, as seen in Newmont Corporation’s focus on SDG 3 (Good Health and Wellbeing) through their health and safety programs (Newmont Corporation, 2023), the sector still
faces challenges in ensuring equitable and beneficial practices for local communities and
employees. This gap highlights the ongoing struggle to balance economic growth with social
responsibility.
Progress Compared to Past Initiatives
Looking back at historical data and previous studies, the mining industry's current approach
to sustainability marks a significant evolution. The sector has moved from a predominantly
compliance-based approach to a more integrated and strategic alignment with global
sustainability goals. However, this progress is not uniform across all companies, and the pace
of change varies, suggesting room for growth and improvement.
15
The Way Forward
To address these challenges and disparities, the mining sector needs to adopt a more holistic
approach to sustainability. This includes not only environmental stewardship but also a stronger
focus on social and economic sustainability. Collaboration between industry leaders, smaller
mining firms, governments, and communities is crucial to establish and adhere to universal
sustainability standards. The adoption of best practices from leading companies by the wider
industry can accelerate the sector's progress towards achieving the SDGs.
Conclusion
In conclusion, while the mining industry has made commendable progress in certain areas
of sustainability, particularly in environmental initiatives, there remains a significant need for
more consistent and comprehensive sustainability practices across the sector. The journey
towards fully realizing the SDGs in mining is complex and requires continued effort,
innovation, and collaboration.
Banking Industry Discussion
The banking sector's engagement with the United Nations Sustainable Development Goals
(SDGs) showcases a complex interplay of financial power and societal impact. The sector's
unique position in the global economy allows it to influence sustainable development
significantly. This discussion analyses how banks like ICBC, JP Morgan, HSBC, DBS, and
UOB align their operations with the SDGs, contrasting their approaches and contributions.
ICBC's Role in Sustainable Development
ICBC, as the world's largest bank by total assets, sets a precedent in sustainable banking
practices. Its robust commitment to financial inclusion and climate action aligns notably with
SDGs 1 (No Poverty), 7 (Affordable and Clean Energy), and 13 (Climate Action). However,
compared to global sustainability benchmarks, ICBC's efforts show that there is still room for
broader integration of SDGs across its entire operational spectrum. While its initiatives in
promoting sustainable development are commendable, the depth and breadth of these efforts,
especially in areas beyond its primary SDG focuses, could be expanded.
JP Morgan's Diverse Sustainability Initiatives
JP Morgan’s diverse range of services, from investment banking to retail, places it in a
unique position to influence multiple SDGs. Its commitment to sustainability is demonstrated
16
through initiatives in poverty alleviation and clean energy financing, addressing SDGs 1, 7,
and 12 (Responsible Consumption and Production). While these efforts are significant, JP
Morgan’s size and influence suggest potential for an even broader impact, particularly in
integrating sustainability considerations into its core investment and financial decision-making
processes.
HSBC's International Influence on Sustainable Finance
HSBC's international presence and comprehensive range of financial services position it as
a key player in sustainable finance. The bank’s focus on infrastructure development and
sustainable investments aligns it with SDGs 9 (Industry, Innovation, and Infrastructure), 12,
and 17 (Partnerships for the Goals). HSBC's global reach implies a significant potential impact
on sustainability, yet it faces the challenge of ensuring that its sustainability initiatives are as
globally inclusive and impactful as its financial services.
DBS's Technological Innovation and Regional Impact
DBS stands out for its commitment to technological innovation and sustainable practices,
aligning with SDGs 8 (Decent Work and Economic Growth), 9, and 11 (Sustainable Cities and
Communities). The bank’s efforts in sustainable finance and financial inclusion demonstrate a
forward-thinking approach to banking. However, the challenge for DBS lies in scaling these
initiatives while maintaining a balance between technological advancements and the humancentric aspects of sustainability.
UOB's Focus on Regional Development
UOB's role in the Asian banking landscape is marked by its focus on regional economic
development and responsible banking. Its contributions to SDGs 1, 8, and 9 through initiatives
promoting financial inclusion and support for small and medium-sized enterprises highlight its
commitment to regional growth. UOB's challenge is to extend its influence beyond regional
confines and contribute more significantly to global sustainability dialogues and actions.
Conclusion
In conclusion, while each bank exhibits unique strengths in certain SDGs, the overall
picture in the banking sector is one of evolving commitment. Banks are increasingly
recognizing their crucial role in sustainable development but face the ongoing challenge of
integrating sustainability into all aspects of their operations. The future of banking in relation
to SDGs lies in a more integrated, holistic approach that not only focuses on financial outcomes
but also on long-term societal and environmental impacts.
17
Aviation Industry Discussion
The exploration of the aviation industry's sustainability practices reveals a sector deeply
engaged in adapting to the challenges of sustainable development, particularly under the
guidance of the United Nations Sustainable Development Goals (SDGs). This discussion
focuses on how airlines like American Airlines, Lufthansa, Air France, Singapore Airlines, and
British Airways are navigating the complexities of integrating sustainability into their core
operations.
Climate Action and Environmental Impact
A central theme across the aviation sector is the commitment to SDG 13 (Climate Action).
Airlines are increasingly prioritizing efforts to reduce carbon emissions, a vital step given the
industry's significant environmental footprint. The use of more efficient and renewable fuels,
as highlighted in the sustainability reports of companies like Lufthansa (Lufthansa Group,
2022) and Air France (Air France-KLM, 2022), demonstrates the industry's proactive approach
to mitigating climate change. However, the sector's overall impact on climate action varies,
with some airlines advancing more rapidly than others. This uneven progress underscores the
need for broader industry-wide adoption of effective climate strategies.
Responsible Consumption and Production
In line with SDG 12 (Responsible Consumption and Production), airlines are exploring
ways to make air travel more sustainable. This includes initiatives to minimize waste and
enhance operational efficiency. The industry's movement towards sustainable practices is not
just a response to regulatory pressures but also a recognition of the increasing consumer
demand for environmentally responsible travel options. However, the challenge remains in
balancing economic growth with sustainable practices, especially in an industry where
technological advancements and infrastructural changes require significant investment.
Partnerships and Collaborative Efforts
The alignment with SDG 17 (Partnerships for the Goals) is evident in the aviation industry's
collaborative efforts. Airlines are engaging with various stakeholders, including governments,
technology providers, and environmental organizations, to advance their sustainability goals.
These partnerships are crucial in driving innovation and sharing best practices across the sector.
However, there is a need for more cohesive and strategic collaborations that can more
effectively address the global challenges of sustainable aviation.
18
Conclusion
In conclusion, the aviation industry is making commendable strides in addressing key
sustainability challenges, particularly in climate action and responsible consumption. While
the path to fully integrating sustainability into aviation is complex and multifaceted, the
ongoing efforts and commitment of airlines indicate a positive trajectory. Continuous
innovation, coupled with strong partnerships and a commitment to sustainable practices, will
be key in enabling the industry to contribute more significantly to the SDGs and to the broader
agenda of sustainable development.
Cross-Industry Comparisons and Insights
Analysing the mining, banking, and aviation industries together unveils diverse approaches
to sustainable development under the United Nations Sustainable Development Goals (SDGs),
yet also reveals a shared recognition of climate change as a critical global challenge. The
mining industry's focus on environmental stewardship (SDGs 13 and 15) contrasts with the
banking sector's broader social-economic approach (SDGs 1 and 7) and the aviation industry's
emphasis on climate action and responsible consumption (SDGs 12 and 13). Across all sectors,
the importance of partnerships (SDG 17) in advancing sustainability goals is evident, albeit
with varied impact and implementation strategies. This cross-industry perspective highlights
the need for holistic, interconnected sustainability approaches, where sharing insights and best
practices across sectors can drive more cohesive and effective progress towards the SDGs,
emphasizing the collective journey towards global sustainability.
Conclusion
The journey towards sustainable development, as guided by the United Nations Sustainable
Development Goals (SDGs), is both crucial and complex. Progress across various sectors
shows that while strides are being made, comprehensive and integrated efforts remain essential.
The achievement of these goals is not the sole responsibility of specific industries but a
collective endeavour. It calls for a unified approach, where innovation, ethical practices, and
strategic collaboration are key. The path ahead is a shared one, demanding continued
commitment and transformative actions from all stakeholders to build a sustainable, equitable,
and prosperous future.
19
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