Mar 05, 2026 (MarketLine via COMTEX) --
AirAsia ranked among the top five aviation companies in the latest FTSE Russell ESG evaluation, reflecting its sustainability efforts.
AirAsia has further strengthened its position as a global leader in sustainability by ranking among the top five airline companies in the latest FTSE Russell ESG Rating. This result demonstrates that the Group's strategy of placing climate change risk management, transparent governance and operational efficiency at the core of its business is paying off.
FTSE Russell ESG Rating: A global index by FTSE Russell that evaluates companies' environmental, social and governance (ESG) initiatives.
In the latest FTSE Russell ESG assessment, AirAsia's airlines were awarded high marks by the Malaysian and Thai stock exchanges based on their performance to 2024. For the year under review, the ESG performance of AirAsia's short-haul business was included in its Capital A disclosure and assessed by Bursa Malaysia, while AirAsia X and Thai AirAsia were assessed separately by Bursa Malaysia and the Stock Exchange of Thailand, respectively.
Capital A* significantly improved its score to 4.0 (out of 5) from 3.5 last year, while AirAsia X** (D7) achieved a score of 3.8. Asia Aviation, the subsidiary that operates Thai AirAsia (FD), achieved a score of 3.9 in its first year of evaluation. These ratings are based on the performance of each airline's sustainability initiatives through 2024.
These scores position AirAsia's airlines among the best companies on their respective stock exchanges, and also demonstrate that they are ranked at the top level when compared with other airlines around the world that are assessed using the same FTSE Russell ESG criteria.
AirAsia also participates in S&P Global's Corporate Sustainability Assessment (CSA), which is open to publicly listed companies with a market capitalization of over US$1 billion. In the latest assessment, based on performance through to fiscal year 2024, AirAsia achieved a score of 45%, above the global airline industry average of 37%.
Supporting these results, AirAsia has received two international aviation industry awards in 2025. 42kft.com , an independent aviation analysis platform based in Australia , awarded AirAsia a perfect score of 10 in all nine evaluation categories. Additionally, AirlineRatings.com , a global airline safety rating company , ranked AirAsia among the top three LCCs in its inaugural Sustainability Awards. Both awards are independent assessments by aviation industry experts, further strengthening the credibility of the Group's efforts.
Yap Mun Ching, Chief Sustainability Officer at AirAsia , said: "We have been working for many years to build the foundations that underpin our ESG ratings. However, AirAsia's sustainability efforts go beyond simply meeting the criteria. Our 2025 achievement is the culmination of the discipline and hard work our teams have put into embedding sustainability into our daily operations. We will continue to work towards further improving fuel efficiency and investing in low-carbon technologies that will reduce our fuel costs and carbon emissions at the same time."
As part of its commitment to supporting these achievements, AirAsia is playing an active role in managing regulatory risks associated with climate change through its participation in the International Civil Aviation Organization's (ICAO) Committee for Aviation Environmental Protection (CAEP) and Malaysia's CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) task forces.
Additionally, AirAsia is working to improve passenger carbon literacy and transparency in 2025. AirAsia's official app, AirAsia MOVE, has introduced a feature that displays CO2 emissions per seat when searching for flights based on actual flight data, helping passengers make more environmentally conscious choices.
In addition to its environmental initiatives, AirAsia is also committed to promoting social sustainability. AirAsia is a signatory to the Women's Empowerment Principles (WEPs) of UN Women and the UN Global Compact, and is a pioneering member of the WEPs Corporate Action Lab, working to support the creation of a family-friendly workplace to increase female workforce participation, in line with Malaysia's MADANI Economic Framework.
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COMTEX_478957125/2227/2026-05-11T20:13:22
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