ANA HOLDINGS announces net zero emissions as part of 2050 ESG goals

ANA HOLDINGS INC.) has announced that it plans to reduce carbon emissions levels from aircraft operations to net zero by 2050 as part of its latest Environmental, Social and Governance (ESG) goals, updating its target set in July 2020 to reduce CO2 emissions by 50 percentby 2050 (compared to 2005 levels).

The increased use of SAF, which contributes greatly to reducing carbon impact, will be at the core of ANA HD’s CO2 emission reduction measures. To date, we have engaged in various initiatives:

· In 2019, ANA signed an offtake agreement with LanzaTech, Inc. to purchase sustainable aviation fuel, and expanded that partnership in 2020, giving ANA the opportunity to participate in fuel offtake across LanzaJet’s global portfolio and production.

• In 2020, ANA and Neste, one of the world’s biggest suppliers of SAF, entered into a SAF supply agreement, and together conducted the first flight out of Japan using SAF.

• Together with Toshiba Energy Systems & Solutions Corporation ,Toshiba Corporation, Toyo Engineering Corporation, Idemitsu Kosan Co.,Ltd., and Japan CCS Co., Ltd, ANA entered an agreement in 2020 to begin reviewing recycling business models for reuse of CO2 from sources such as exhaust gases into SAF.

· ANA has supported activities within Japan led by companies such as Euglena Co.,Ltd. with its initiative to produce SAF since 2011.

ANA HD will work toward the full-scale operation of SAF, and build upon the successful sustainability measures that it implemented when it initially committed to meeting 2050 ESG goals and aim to achieve net zero CO2 emissions in FY2050 through these efforts.