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Qantas pledges to slash emissions as number of environmentally conscious travelers grows


(Reuters) - Qantas Airways (QAN.AX) pledged on Monday to slash its carbon emissions to net zero by 2050, which it said would make it only the second airline to do so, as a global push to combat climate change gathered momentum.

“We’re doing this because it’s the responsible thing to do,” Qantas’ Chief Executive Alan Joyce said in a statement, calling climate change concerns “real”.

Australia’s national carrier said it was looking to cap net emissions at 2020 levels and will invest A$50 million ($34.3 million) over 10 years to develop sustainable fuel.

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