Mumbai: Cathay Cargo, a global leader in the air cargo industry, received the ‘Air Cargo Sustainability Leader of the Year’ award at Air Cargo India 2024 hosted by STAT Times. Director of Cathay Cargo, Tom Owen accepted the award that recognizes Cathay Cargo's dedication to sustainability and commitment to creating a greener future.

Commenting on the win, Mr. Owen said, “Globally, aviation contributes to about 2% of carbon emissions and we have a role to play in combating climate change. To this end, we are constantly exploring solutions that will help create a more sustainable future. This recognition is a testament to the collective efforts of our team aimed at bringing us closer to our vision of being the world's Most Sustainable Cargo Airline.”

The airline received the award for its array of initiatives including commitment to achieving net-zero carbon emissions by 2050, pioneering Corporate SAF Programme, and its roadmap to making Sustainable Aviation Fuel (SAF) account for 10% of its total fuel consumption by 2030. Moreover, its dedication to sustainability and social responsibility through initiatives like ‘Greener Together’.

As part of its commitment to sustainability, Cathay Cargo has integrated its voluntary carbon-offset program Fly Greener into its online booking platform Click & Ship thus offering customers a more sustainable cargo solution, enabling them to effortlessly offset CO2 emissions with a single click.

Cathay has also introduced more fuel-efficient aircraft into its fleet, such as the Airbus A350, A321neo, and Boeing 777-9X models scheduled to be delivered from 2025. These aircraft promise 20% greater efficiency than their predecessors, resulting in substantial reductions in fuel consumption and carbon emissions. Equipped with cutting-edge Rolls-Royce Trent-XWB97 engines, these aircraft offer fuel consumption and emissions reductions of up to 40% compared to older models like the 747F, while also outperforming competitors in efficiency.

The STAT Times International Award for Excellence in Cargo are decided based on two rounds of online voting by STAT Times magazine readers. Following suggestions from the readers for each category, the top five nominations are shared, and voting is opened for readers to pick their top company or individual, making winners a true choice of the industry.