2050 2045 2040 2035 2030 2025 2020 0 5,000,000 10,000,000 15,000,000 CO2 Emissions (tonnes) Latest generation aircraft Operational Improvements Sustainable Aviation Fuels Offsetting Note: CO2 emissions for years 2018-2021 are based on actual data. Figures for 2022 onwards are based on AirAsia’s projections. Another major addition this year is alignment with recommendations of the Task Force for Climate-Related Financial Disclosures (TCFD). We began by identifying the risks and opportunities associated with climate change to our business. This was supported by the development of models to assess the financial impact of two key measures to manage our carbon emissions, namely adding carbon offset costs into airfares; and switching to sustainable aviation fuels. A summary of our climate-related risks and opportunities is presented on pages 133-136 of this report. Unless otherwise stated, all data presented cover AirAsia Malaysia, AirAsia Indonesia and AirAsia Philippines in line with Capital A’s financial disclosures in this annual report. Data for AirAsia Thailand are available in the listed entity’s Annual and Sustainability Reports. Roadmap Towards CO2 Reduction S U S T A I N A B I L I T Y S T A T E M E N T A N N U A L R E P O R T 2 0 2 1 1 2 1
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