Air Canada Announces Bolloré Logistics as First Cargo Customer to Join Leave Less Travel Program

MONTREAL, Nov. 15, 2022 /CNW Telbec/ - Air Canada announced today that Bolloré Logistics has become the first Air Canada Cargo customer to join the Leave Less Travel Program, which offers corporate and cargo customers effective options to offset or reduce their greenhouse gas (GHG) emissions related to business travel or freight transportation, and reduce their carbon footprint. Bolloré Logistics has agreed to compensate a significant portion of its GHG emissions associated with its projected shipments with Air Canada Cargo with sustainable aviation fuel (SAF) which represents a purchase of 620,000 litres in 2022. This participation in Air Canada's Leave Less Travel Program will enable Bolloré Logistics to reduce its Scope 3 GHG emissions.

"We are very pleased to welcome Bolloré Logistics as our first cargo customer to participate in Air Canada's Leave Less Travel Program. Addressing climate change in aviation requires a multifaceted approach, together with the united efforts of many stakeholders. The commitment of companies like Bolloré Logistics is a testament that environmentally-innovative business programs are mutually possible, further helping the aviation sector to build a long-term, sustainable industry," said Jason Berry, vice president, cargo at Air Canada.

"At a time when climate awareness is at the heart of the strategy of many companies, Bolloré Logistics is proud to join a program that is financing the future of low-carbon air industry. Through this initiative with our partner Air Canada, we contribute our scope 3 CO2 reduction targets and offer more sustainable transport solutions to our clients," said Patrick Lafrance, managing director Canada at Bolloré Logistics.

About Air Canada's Leave Less Travel Program

The Leave Less Travel Program, launched in October 2021 allows corporate and cargo customers to choose the offering they want through a customized approach using SAF, carbon offsets, or a combination of both, through four core actions. To date, five companies have signed to participate.

For cargo customers:

• Calculate: Air Canada tracks and calculates the GHG emissions associated with the cargo customer's freight transportation.
• Select: The cargo customer can choose how they want to mitigate their GHG emissions associated with their freight transportation:  SAF and/or carbon offsets.
• Purchase:
• SAF: Air Canada purchases the required SAF volumes and ensures the cargo customer can claim the benefits of its investment.
• Carbon Offset: Air Canada facilitates the purchase of carbon offsets through CHOOOSE.
• Reduce: The cargo customer contributes to their sustainability goals

The Program supports the airline's commitment to the United Nations Sustainable Development Goals, notably Goal 13: Climate Action. Through its Climate Action Plan, the airline has committed to investing $50 Million in SAF, and carbon reductions and removals.

Air Canada has committed to net-zero GHG emissions from all its global operations by 2050, with absolute midterm GHG net reduction targets by 2030 for both its air and ground operations compared to its 2019 baseline.