BP and Qantas have entered into a strategic partnership to advance and accelerate their shared net zero ambitions.
The partnership will see the companies work together on opportunities to reduce carbon emissions in the aviation sector and contribute to the development of a sustainable aviation fuel industry in Australia.
William Lin, bp’s executive vice president, regions, cities & solutions, said the two companies have agreed to explore ways in which bp’s global capabilities, skills and knowledge can support Qantas’ industry-leading sustainability and environmental strategy.
“At bp, we’re focusing on working with corporates in key industrial sectors that currently have significant carbon emissions to manage and need to decarbonise – sectors such as aviation,” Mr Lin continued.
“By bringing our complementary capabilities together, we can help each other, and our customers, move at a faster pace on the energy transition journey.
“We are delighted to have the opportunity to collaborate with Qantas on plans to reach net zero while continuing to deepen our existing relationship.”
Andrew Parker, Qantas Group Executive Government, Industry and Sustainability said the announcement demonstrated the company’s commitment to minimising its impact on the environment.
“Even though we have been flying a lot less, we’ve actually seen the same proportion of customers choosing to offset their domestic travel during the pandemic – showing that this issue remains top of mind for people.
“Airlines globally have a responsibility to cut emissions and combat climate change, particularly once travel demand starts to return.
The Qantas Group has set some ambitious targets to be net carbon neutral by 2050 and while offsetting emissions is a big part of that in the next few years, longer-term initiatives like building a sustainable aviation fuel sector in Australia, are key.
“This strategic partnership is designed to help build on this by leveraging the shared goals, expertise and reach of Qantas and bp to innovate together.”
