Where are you: \ en-usa \ Environ., Social & Governance (ESG) \ Projections

Projections

Metric Projections

Metrics Actual Projections(1)
2017 2018 2019 2020 2021 E 2022 E 2023 E
Gross Global Scope 1 Emissions (000 m t CO2) 3,316.6 3,394.3 3,743.9 1,938.5 ~1,986 ~3,320 ~4,060
Total Fuel Consumed (1,000 liters per RPK) 37.0 36.5 35.3 35.9 ~34.0 ~34.6 ~33.1
Greenhouse gas emissions / flight hour (t CO2) 8.1 8.3 8.7 9.2 ~8.5 ~8.4 ~8.4

(1)Preliminary and unaudited information

Getting to Net Zero in 2050

netZero

Our Strategy
GOL‘s strategy to achieve net zero carbon emissions by 2050 is focused on driving operational and technical improvements that reduce GHG emissions by continuously improving fuel efficiency and substituting petroleum-based fuels with lower-carbon alternatives.

We also expect to rely on market-based mechanisms, including carbon offsets, certainly over the short to medium terms and potentially over the long term as well, depending on how quickly the market for sustainable aviation fuel develops. In parallel, we are helping to facilitate the broader policy, market, infrastructure and technological advances needed to enable the transition to low-carbon aviation.

We are targeting our efforts where we can have the most meaningful near-term impact in reducing our carbon footprint and mitigating our most significant climate-related risks. The following outlines the key components of our climate strategy.

Aircraft Fuel Efficiency
Jet fuel consumption is the chief source of our direct GHG emissions and one of the largest categories of expense for our company. As a result, maximizing the fuel efficiency of our aircraft is both a core focus of our climate change strategy and a key business objective.

Over the past several years, GOL operates a single fleet of 127 Boeing aircraft, and has orders for 95 737 MAX aircraft to replace its NGs, scheduled for delivery in 2022-2032, making it one of Boeing’s biggest customers. The 737 MAX is critical to GOL’s expansion plans due to the greater fuel efficiency and reductions in carbon emissions.

Advanced technology used in the engines, wings and command surfaces of the 737 MAX increase productivity by 24%, reduce fuel consumption by approximately 15%, and enable the aircraft to have a range of around 1,000 kilometers more (up to 6,500 km) compared with the current 737 NG aircraft.

Back Back to the top