LCI SIGNS SUSTAINABILITY CHARTER WITH AIRCRAFT LEASING IRELAND
27 October 2022
LCI, a leading aviation company and a subsidiary of the Libra Group, has today signed Aircraft Leasing Ireland’s (ALI) Sustainability Charter. Signatories are committed to driving forward and achieving Environmental, Social and Governance (ESG) related goals, centred around 10 priority sustainability principles.
In signing the Charter, an industry that manages more than $100bn of assets pledges its commitment to achieving net zero carbon objectives. Additional principles and goals include the pursuit of low-carbon technologies such as Sustainable Aviation Fuels (SAF) and hydrogen, the commitment to reuse and recycling, the drive for greater community engagement, and corporate ESG accountability and reporting.
Jaspal Jandu, CEO of LCI, comments: “Sustainability is integral to LCI and we are delighted to participate in the signing of this important and ambitious Charter. LCI is uniquely positioned across the commercial fixed-wing, helicopter and advanced air mobility sectors and comprehends the need to take action now in order to prepare for the future. The journey to net zero has to be taken together, so we welcome the opportunity to shape it now.”
LCI assets operate on mission critical and socially responsible sectors such as Emergency Medical Services (EMS), Search and Rescue (SAR) and offshore wind. LCI is committed to the latest technology aircraft with the lowest CO2 emissions in their class such as the Leonardo AW139 and the Airbus H175 helicopters. LCI is also a member of the Airbus Helicopters Sustainable Aviation Fuel forum.
In April 2022, LCI signed an agreement with BETA Technologies to acquire up to 125 of the company’s electric vertical take-off and landing (eVTOL) aircraft. The battery powered aircraft have zero operational emissions and will enable LCI to sustainably support mission critical operations across the globe.
LCI recently announced its sponsorship of Airlink, the philanthropic arm of the International Society for Transport Aircraft Trading (ISTAT), supporting individuals and institutions that promote the advancement of commercial aviation and humanitarianism. LCI’s involvement plays an important role in bolstering Airlink's ability to respond to humanitarian disasters through a significant donation of unrestricted funds.
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LCI is a helicopter and commercial aircraft company with offices in Dublin, London and Singapore. LCI is the aviation subsidiary the Libra Group (www.libra.com), a private international business group whose subsidiaries own and operate assets in more than 50 countries. The Group is active predominantly in aviation, energy, hospitality, real estate, shipping, and diversified investments.www.lciaviation.com
Aircraft Leasing Ireland (ALI) is the Ibec group representing the aircraft leasing industry in Ireland and is dedicated to the continued development and success of Ireland’s aircraft leasing industry. Ireland is the leading centre for aircraft leasing globally which as a high growth sector of international financial services, represents $100billion of assets.
For more information, please contact:
Charlie Hampton / Zahida Wiffen
Pembroke and Rye
Tel: +44 (0)7884 187297 / + 44 (0)7570 662708