Low-cost airline Allegiant has hired Schneider Electric to develop an environmental, social and governance (ESG) program for the company.
Parent firm Allegiant Travel Co. is planning a rollout of ESG transition moves including new, more fuel-efficient aircraft, more diversity in its boardroom and stepping up philanthropic efforts. Over a three-year period, Schneider Electric will help Allegiant design and implement the ESG initiatives.
“As one of the most successful airlines in the United States, Allegiant recognizes our responsibility to continuously deliver value in a way that is sustainable for our shareholders, employees, customers, communities and the planet,” stated John Redmond, President, and newly named successor Chief Executive Officer at Allegiant Travel Co.
“That is why we are working with Schneider Electric to identify ways to accelerate ESG initiatives throughout our business, and ultimately become a more sustainable travel provider.”
The airline and travel firm already has made tangible moves toward improving its environmental and societal efforts. Allegiant agreed to acquire 50 Boeing 737 aircraft, with options to purchase 50 more. The Boeing 737 uses about 20 percent less fuel on average compared to the company’s existing fleet.
In addition to flight logistics and fuel use, Allegiant will sponsor a Girls in Aviation project and provide funds to support the Make-A-Wish and National Breast Cancer foundations.
The company will separate its CEO and Chairman roles by this June. Allegiant also selected AWS (Amazon Web Services) as its preferred cloud provier to ensure security and reliability within its IT infrastructure.
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(Rod Walton, senior editor for EnergyTech, is a 14-year veteran of covering the energy industry both as a newspaper and trade journalist. He can be reached at [email protected]).
