Business Standard

IndiGo first Indian carrier to start ESG reporting, mulls use of green fuel

Meeting green goals will make the company attractive to global funds and lenders which are focusing increasingly more on sustainable investing

indigo, airlines, aviation, flights, air craft
Premium

Arindam Majumder New Delhi
India’s largest airline IndiGo published its first ever Environment Social Governance Report to showcase its efforts in sustainable aviation. The report comes amid IndiGo’s process of raising Rs 3,000 crore through a Qualified Institutional Placement (QIP) process and is likely an effort to attract marquee overseas funds which are focusing increasingly more on sustainable investing.

While listing down its efforts to cut carbon emission, IndiGo said that it is exploring the potential of using sustainable aviation fuel (SAF) in aircraft and the airline has signed a memorandum of understanding (MoU)with an international SAF provider.

“This first report in the field

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 30 2021 | 8:03 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com