Sustainability Data Hub
Volotea
Volotea is a company that operates in the transportation sector.
2011
Spain
1,001 - 5,000 employees
Airlines/Aviation
$500M - 1B in revenue
$100M - 500M in profitability
Sustainability Ranking
Beyond Top 1000
- Carbon emissions intensity (normalized by industry)
- Share of renewable electricity consumption (normalized by industry)
- Sustainability maturity
- Intent to leverage sustainability solutions
- Sustainability accreditations and certifications
The ranking takes into account all companies in illuminem's database. It leverages publicly available data as well as responses from the brief illuminem survey (please fill it out here for your company).
#90
in SpainⓈThis ranking uses the same criteria as the overall ranking but is limited to comparing the company with others in the same geography, based on its headquarters location, within Illuminem's database.(Source: illuminem)
#94
in Recreation & TravelⓈThis ranking uses the same criteria as the overall ranking but is limited to comparing the company with others in the same industry within Illuminem's database.(Source: illuminem)
Sustainability MaturityⓈMaturity gauges how far along a company is on its sustainability journey. It takes into account various factors such as:
- Breadth and depth of sustainability strategy
- Investment in sustainability
- External stakeholder engagement on sustainability topics
- Disclosure, awareness and management of environmental performance
- Sustainability certifications, awards and memberships
The maturity rank is based on a company's overall maturity score compared to other companies in the same industry (over 50 companies) in Illuminem's database. Higher maturity result in a higher rank.
Companies at the early stage of their sustainability journey are usually just starting to recognize the importance of sustainability. Their goals are often compliance-driven, cost-saving, or reputation-based, rather than deeply integrated into their core business strategy. Example solutions include services to comply with regulations, compliance software, consulting services, energy management & efficiency to reduce cost, certifications etc.
Companies with high sustainability maturity have deeply integrated sustainability into their core strategy and view it as a competitive advantage. Sustainability is not just a compliance requirement but a business driver that aligns with long-term value creation. Example solutions include insetting & supply chain services, carbon neutrality solutions, circular economy models, innovations in sustainable products and services etc.
(Source: illuminem)
0%
Beyond Top 100
Sustainability IntentⓈIntent evaluates a company's propensity to buy sustainability products and services in the near future. It takes into account various factors such as:- Expressed intent by relevant company employees to buy sustainability solutions (reported directly to illuminem)
- Previous company activity in buying relevant solutions (reported to illuminem or aggregated from global registries)
- News or public reports by the company signaling interest to buy relevant solutions
- Intensity and progress against sustainability targets or pledges (reported publicly by the company)
- Level of pressure on sustainability performance from relevant stakeholders (as reported by the company or estimated based on industry/geography)
The intent rank is based on a company's overall intent score compared to other companies in the same industry (over 50 companies) in Illuminem's database. Higher intent results in a higher rank.
(Source: illuminem)
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Carbon emissions
Electricity consumption
Carbon certificate projects
Targets
Other sustainability metrics
Targets
| Target | Year | Value | Scope | Baseline |
|---|---|---|---|---|
| Interim emissions reductionⓈCompany sustainability report | 2030 | 50% | 1 | 2012 |
| Interim emissions reductionⓈCompany sustainability report | 2025 | 25% | 1 | ? |
Progress against targets ⓈCompany sustainability report
Volotea has made significant progress in reducing its GHG emissions. The company has committed to reducing its direct CO2 emissions per PAX and KM by 50% by 2030 compared to 2012 levels, with expectations to achieve this by 2025. Volotea has also invested in offsetting projects since 2021 and plans to offset 25% of its direct CO2 emissions by 2025. The company has launched over 50 initiatives to reduce fuel consumption, resulting in a 45.5% reduction in fuel-burn related emissions per RPK by the end of 2022. Additionally, Volotea has replaced its Boeing 717 aircraft with more efficient Airbus 319-320 models and is collaborating on the development of Sustainable Aviation Fuels (SAF), which have significantly lower CO2 emissions compared to fossil-based jet fuels. In 2022, Volotea introduced 481,000 liters of SAF, representing 0.17% of its total fuel burn, and has reached agreements to operate flights with SAF blends. The company is also investing in the development of commercial electric aircraft and supporting reforestation and renewable energy projects.
Sustainability employees
1
ⓈThis value represents the estimated number of employees in a company with sustainability-related roles or job titles, as determined by Illuminem using publicly available data.Sustainability contactsⓘWe follow the strictest rules to ensure compliance with all the relevant data protection laws, including GDPR. Click here for our Privacy Policy.
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