I am sure all of you will agree when we say that sustainability is the need of the hour. This is why companies are working towards this. Recognizing such companies not only motivates them to do better but also, in a way, encourages other companies to think along the same lines. Some of these sustainable companies have been recognized by World Finance magazine and have been awarded the World Finance Sustainability Awards 2023.
The Middle East’s Most Sustainable Awards
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The World Finance Sustainability Awards, now in their fifth year, honor businesses that prioritize environmental concerns in all aspects of their daily operations.
Following its victory in the same category the previous year, Turkish Airlines has been named the “Most Sustainable Flag Carrier Airline” in the World Finance Sustainability Awards 2023.
To lessen its carbon impact, the firm has undertaken more than 100 operational optimization projects since 2008. Turkish Airlines alone saved 57,581 metric tons of fuel in 2022, which is the same as removing 181,379 metric tons of greenhouse gases.
The national carrier airline has stated that it wants to be carbon-neutral by 2050.
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Wizz Air Too Was Awarded
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The World Finance Sustainability Awards 2023 recognized Wizz Air as the “Most Sustainable Low-Cost Airline”.
The panel applauded Wizz Air’s accomplishments in sustainability and its promise to further lower its carbon intensity by 25% by the end of the decade.
World Finance also commended the airline for its ongoing investments in cutting-edge technology, fleet renewal, fuel efficiency programs, and partnerships with producers of sustainable aviation fuel (SAF).
Businesses must adopt sustainable practices across all parts of their operations, which is what the World Finance Panel believes. Being sustainable can help us avoid trouble in the future. The ones who have succeeded in their sustainability efforts were honored with the World Finance Sustainability Awards.
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What are your views on sustainability?
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First Published: July 04, 2023 8:42 PM