Cathay Pacific Balancing Risks and ESG
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Background: Cathay Pacific Airways (CX) is a leading global carrier with hubs in Hong Kong and London, and a presence in many other top airports across Asia, Europe and Australia. CX is a company of the Hong Kong and Shanghai Stock Exchanges with headquarters in Hong Kong, London, and Sydney. The company has been named the Airline of the Year at the World Airline Awards for four consecutive years, and has won top ratings from leading travel industry critics for safety and reliability. Overview: CX has
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Forbes contributor Sarah Schonbrunn-Santos interviewed Cathay Pacific’s Chief Sustainability Officer, Nirupa Subramaniam, on their efforts to reduce their carbon footprint while also aligning with their shareholders’ desire for ESG-oriented returns. “I think there’s a huge appetite for sustainable investing at the moment,” says Subramaniam. “There’s a shift in the marketplace. For governments and investors, there’s this growing recognition that there
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Cathay Pacific is a well-known airline with a rich history. When I joined the company 8 years ago, they were known as a low-cost airline that was struggling to compete with Air China. However, in recent years, they have rebranded and increased their focus on sustainability and their ESG (environmental, social and governance) goals. As a new employee, one of my first tasks was to review and revise their 2019 CSR report. This report, along with their new sustainability strategy
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Cathay Pacific is the largest airline by passengers carried in the Asia Pacific region. They provide commercial passenger, cargo, and other air transport services globally. This case study focuses on their financial and strategic decision-making process regarding balancing their ESG and risk management. Cathay Pacific has faced numerous challenges in recent years due to the COVID-19 pandemic and the impact of sustainable business practices. In 2019, Cathay Pacific’s CEO, Xiang Yun, was tasked with making the
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Cathay Pacific is a Hong Kong-based low-cost carrier (LCC) with subsidiaries in 25 countries worldwide. I was in charge of the marketing and advertising of Cathay Pacific’s international routes. During my time, Cathay Pacific’s goal was to balance two important factors, risk and sustainability, to create a winning strategy. Cathay Pacific’s balance in risks and sustainability was the key to the airline’s growth, success, and profitability. Risk Bal
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Title: Cathay Pacific Balancing Risks and ESG I was writing this article, and suddenly, I felt that it was not going well. The news came that Airline was investing in new technology and in the environment. I could not understand why the author wants to do this? So, I thought, why not start with my personal experience? In the first few sentences, I will tell you about my personal experience. this contact form As a customer, I was always concerned about carbon footprint, air pollution, and social responsibility. try here As a student, I learned
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As a Cathay Pacific executive, I’m in a unique position to speak about this topic. Cathay’s dual mandate of profitability while minimizing environmental and social costs is not an easy balance to strike. Here’s my perspective. Cathay’s mission is to be the world’s best global carrier in all our activities. It doesn’t matter what that “all” entails, so long as we’re doing everything possible to reduce our carbon footprint while maximizing revenue streams. However, it’s a tricky
Problem Statement of the Case Study
As a leading global airline in the Asia Pacific region, Cathay Pacific is grappling with balancing its strategic priorities of profitable growth and sustainability. The airline has to address environmental, social, and governance (ESG) risks and issues associated with aviation emissions, carbon footprint, labor practices, and customer experience. The Company faces the challenge of managing a rapidly increasing carbon footprint, which requires the deployment of new technologies, operational efficiency and cost-cutting initiatives. Additionally, the company is committed