A few years ago, we set out to be more sustainable. Today, this is our promise.
“A Necessary Destination” is the name of our long-term sustainability strategy, through which we assume collaborative and dialogue-based commitments. It will contribute to protecting the ecosystems in South America for the next 30 years.
We are an actor that promotes the social, environmental, and economic development of the region. It is increasingly connected with the people’s demands and desires and works collaboratively looking for collective solutions.
We have decided to deepen this area further, setting sustainability at the center of our strategy as a group. We have a task to fulfill regarding our region’s sustainable development by conserving its biodiversity, culture, and unique destinations. Relive the launch of our commitments.
However, we did not start from scratch. We have been working on sustainability for years and have developed projects that gave us great satisfaction. For example, all LATAM actions and decisions are based on the UN Sustainable Development Goals (SDGs) since the launch of the global plan in 2015 to meet climate, social, and health needs, among others.
THE PILLARS THAT MOVE US
We will implement a system to address our environmental impacts by 2025.
We want to reduce the waste that is sent to landfills to zero by 2027.
We aim at developing a shared value model that allows us to add value to society from our expertise: connecting.
“A Necessary Destination” is based on four pillars: environmental management, climate change, circular economy, and shared value. It will impact the diverse groups we interact and have a relationship with: passengers, workers, suppliers, and communities.
Dow Jones Sustainability Index: The Dow Jones Sustainability Index assesses and recognizes companies based on economic, environmental and social criteria. They include corporate governance and regulatory compliance, social reporting, human capital development, efficiency, customer relationship management, in addition to assessments and environmental management. We have been selected as part of the Dow Jones Emerging Markets Sustainability Index since 2012. In 2014, LATAM Airlines became the first group of airlines in the Americas to enter the Dow Jones Sustainability World Index.
In May 2020, the company filed for the voluntary reorganization process under US Chapter 11, which forced the group to stop trading on the New York Stock Exchange. As a consequence, it was no longer included in the index.