Carbon Footprint
Qantas Carbon Footprint
Researcher One
Corporate Governance
Qantas corporate governance statement mentions that Qantas has an appropriate corporate governance structure to ensure the creation, protection, and enhancement of shareholder value (Qantas, 2012). Based on this statement alone it seems as if Qantas does not promote a triple bottom line or any other measure of sustainability in the summary of their corporate governance strategy. Other firms in the airline industry make a stronger dedication to social and environmental issues in their corporate governance. Continental for example has significantly more mentions of such causes as well as a plethora of various projects to address these causes (Continental Airlines, 2012). Although Qantas does address such business functions later in their document, their corporate governance strategy seems to be more focused on shareholder value than a more balanced scorecard.
In response to pressures to mounting pressures to address ecological concerns about issues such as climate change and pollution, Qantas worked with strategic partners to design a holistic approach to greenhouse gas emission reduction on a broad organizational scale (Ogilvy Public Relations, 2012). The sustainability program is known as "Be Green" and tackles a wide array of various strategies. These strategies include items such as fuel, but also paper and energy in typical office use. This strategy designates "eco ambassadors" in various departments of the organizations to continuously scan for opportunities to improve sustainability. Qantas now offers a full and transparent sustainability report that covers many social and environmental issues in which the company makes both positive and negative contributions (Qantas, 2008).
Qantas's carbon footprint is nearly entirely composed of the greenhouse gas emissions that are released as a result of burning fuel to power their aircrafts (Qantas, 2012). Not only is reducing carbon emissions through fuel efficiency good for the climate...
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