Boeing

No leading practices were identified for this company.

No leading practices were identified for this company.

No leading practices were identified for this company.

No leading practices were identified for this company.

Boeing has set targets to reduce its scope 1 and 2 absolute emissions by 55% by 2030 compared to 2017. However, the company does not have any targets for scope 3 emissions. While the company supports the aviation industry’s ambition to achieve carbon neutrality by 2050, it has not set any targets beyond 2030. Moreover, between 2020 and 2023, Boeing saw an 84% increase in its scope 3 absolute emissions.

Boeing has developed a transition plan that covers its actions until 2030. However, the plan focuses on the short term and does not contain any financial content. Additionally, while the company has conducted scenario testing, the results are currently being evaluated and have therefore not informed the development of its transition plan. The company has conducted internal studies on a carbon price but has not included it in its transition planning. Furthermore, , the company plans to use offsets to achieve its scope 1 and 2 emissions target, adopting the ‘avoid first, remove second’ approach.

The company does not disclose its low-carbon capital expenditure (CapEx). However, in 2023 it invested USD 2.36 billion in research and development (R&D) of low-carbon technologies, representing 69% of its total R&D. The company’s low-carbon revenue in 2022 was about 61% of its total revenue for the same year. There is no disclosure regarding the company’s low-carbon revenue for the previous or following years.

Boeing expects its suppliers to have appropriate environment management systems, and it recognises its top-performing suppliers annually. Moreover, the company conducts sustainability assessments and identifies areas for potential improvement for suppliers. However, the emissions reduction requirements are unquantified and the company does not expect its suppliers to report on their GHG emissions or progress. Boeing also has a policy engagement strategy, with a defined process to review the policy positions of association, alliances, coalitions and think tanks that the company is a member. It has action plans in case these associations have a negative climate position, which includes engaging with them or communicating Boeing’s own position.

No evidence was found of the company’s commitment to social dialogue or of the categories of stakeholders the company engages with on a just transition. Furthermore, no evidence was found to demonstrate the company’s ongoing social dialogue and meaningful engagement with affected stakeholders. No evidence was found of the company undertaking low-carbon transition planning to mitigate the social impacts of the transition on workers, affected stakeholders and its business relationships. Additionally, no evidence was found to demonstrate the company’s engagement in social dialogue and with stakeholders in its just transition planning.

No public commitment by the company was found stating its intention to create and support access to green and decent jobs as part of the low-carbon transition. Moreover, no evidence was found of the company’s actions to promote these jobs in a way that ensures gender balance and inclusion of vulnerable groups. Additionally, no relevant disclosure was found of the company’s assessment of employment dislocation risks. No public commitment by the company was found stating its intention to reskill and upskill workers displaced by the transition to a low-carbon economy. Additionally, no evidence was found that the company reskills and upskills workers in a way that ensures gender balance and inclusion of vulnerable groups.

No relevant disclosure was found to show if the company identifies impacts of the low-carbon transition on social protection for workers and affected stakeholders, nor how it contributes to social protection. Additionally, no evidence was found that the company expects its business relationships to contribute to the social protection of their workers and affected stakeholders. No relevant disclosure was found to show how the company identifies any misalignment of its lobbying activities with policies and regulations that support the just transition, nor of the measures it takes to address misalignment. Furthermore, no evidence was found that the company lobbies for policies and regulations for green and decent job creation; retention, education and reskilling; and social protection for workers.

The company commits to respecting human rights and the ILO fundamental rights at work, and it expects its business relationships to respect the ILO fundamental rights at work. However, no evidence was found of the company’s process to identify, assess and mitigate salient human rights risks in its own operations and its supply chain. Moreover, no evidence was found of the company disclosing the stakeholders whose human rights have been affected by its activities. The company does, however, have a grievance mechanism available to workers and external stakeholders.

The company commits to respecting the health and safety of its workers and expects the same commitment from its business relationships. However, no evidence was found of the company having a time-bound target for paying all workers a living wage. While the company discloses the proportion of its direct workforce covered by collective bargaining agreements, no relevant disclosure was found of the company’s required working hours. The company discloses some indicators of workforce diversity, including the age and gender of its workforce by employee category. However, no relevant disclosure was found of additional indicators of workforce diversity. The company has a commitment towards gender equality and women’s empowerment.

The company commits to personal data protection, and it has policies for prohibiting bribery and corruption, and ensuring responsible tax practices and responsible lobbying and political engagement. However, it can strengthen its disclosure on these subjects.