LATAM Airlines Group is ranked fifth for the best performance in sustainability worldwide and the first in the Americas and Europe, according to the most recent Corporate Sustainability Assessment (CSA), by S&P Global Ratings.

LATAM Airlines is the only airline in Latin America to be classified in the 2023 edition of "The Sustainability Yearbook" by the prestigious risk rating agency S&P Global. The yearbook highlights those companies that have had outstanding growth in the assessment of their sustainability management, standing out for their environmental, social and corporate governance practices.

“The position we reached reflects the work that LATAM Airlines has been doing for quite some time that results in concrete actions such as eliminating single-use plastics by the end of this year, continuing with the roadmap to be zero waste to landfill by 2027 and achieving carbon neutrality by 2050 and the preservation of more than 500 thousand hectares of land in South America”, commented Juan José Toha, Director of Corporate Affairs and Sustainability of the LATAM group. 

To rank in the yearbook, companies must score in the top 15% of their industry and achieve an S&P Global Sustainability Score in the top 30% of companies performing in their area. In the 2023 edition of the evaluation 7,800 companies were assessed, 57 of them airlines; only 5 entered the yearbook. 

Here is a link to the yearbook and companies included.

LATAM Airlines Sustainability Strategy

In May 2021, LATAM launched its renewed sustainability strategy with three pillars: Climate Change, Circular Economy and Shared Value, where its commitment to the protection of strategic ecosystems in South America, the migration to a zero waste to landfill model, and making its network capacity available for the benefit of the communities of the region.

The goals established by LATAM are to reduce or offset the equivalent of 50% of domestic emissions by 2030, on the way to achieving carbon neutrality by 2050. This is in addition to setting goals of eliminating single-use plastics throughout the operation by the end of 2023 and being a zero-waste-to-landfill airline in 2027. 

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ABOUT LATAM AIRLINES

LATAM Airlines Group S.A. is the leading airline group in Latin America, with a presence in five domestic markets in the region: Brazil, Chile, Colombia, Ecuador and Peru, as well as international operations within Latin America and to Europe, the United States, the Caribbean, Australia and New Zealand.

The group has a fleet of Boeing 767, 777, 787, Airbus A321, A320, A320neo and A319 aircraft.

LATAM Cargo Chile, LATAM Cargo Colombia and LATAM Cargo Brazil are the cargo subsidiaries of the LATAM group, having a combined fleet of 16 cargo aircraft, which will gradually increase to a total of 20 cargo aircraft by 2024. These cargo subsidiaries have access to the group's passenger aircraft and operate within the LATAM group's network, as well as on exclusive international routes for cargo transportation. In addition, they offer modern infrastructure and a wide variety of services and service options to meet the needs of their customers.

www.latam.com