Oil and gas, shipping, utilities, automotive – the list of sectors that investors have turned their spotlight on to examine their impacts on climate change is growing all the time. The latest to come under pressure is aviation. The airline sector currently accounts for 2% of global CO2 emissions and 12% of transport-related CO2 emissions and its share of total emissions is growing fast. In addition, aviation has climate impacts beyond CO2 emissions, such as the formation of contrails and clouds, which are likely to increase its impact significantly.
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