SASB Standards
GOL aims to be a world leader in making aviation more sustainable. And by providing ESG data to investors, the Company hopes to encourage the airline industry as a whole to tackle climate change, social inequality and governance issues by becoming more sustainable, inclusive and transparent. GOL reports relevant ESG information to investors in accordance with the Sustainability Accounting Standards Board (“SASB”) standard for the airline industry.
Sustainability Accounting Standards Board (SASB) metrics applicable to the aviation industry |
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Accounting and sustainability metrics | |||||
Topic | Metric | Measurement unit | Code | 2020 answer | 2021 answer |
Greenhouse gas emissions | Gross global scope 1 emissions | Co₂e metric tons | TR-AL-110a.1 | 1,774,322 | 1,901,483 |
Discussion of long-term and short-term strategy or plan to manage scope 1 emissions, emissions reduction targets, and an analysis of performance against those targets | n/a | TR-AL-110a.2 | Read more on “Greenhouse gas emissions” in the 2020/2021 ESG Report |
Read more on “Zero Carbon by 2050” | |
(1) Total fuel used in gigajoules; (2) percentage of fuel from sources alternative to petroleum; (3) percentage of sustainable fuel |
Gigajoules (GJ); percentage (%) | TR-AL-110a.3 | (1) 24,405,510 GJ (2) 0 (3) 0 |
(1) 26,128,048 GJ (2) 0 (3) 0 |
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Labor practices | Percentage of active workforce covered under collective bargaining agreements | Percentage (%) | TR-AL-310a.1 | 100% of eligible workers | 100% of eligible workers |
(1) Number of work stoppages (strikes/blockages with 1,000 workers that lasted a complete shift) and (2) total days idle |
Number, days idle | TR-AL-310a.2 | (1) 0 (2) 0 |
(1) 0 (2) 0 |
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Competitive behavior | Total amount of monetary losses as a result of legal proceedings associated with anticompetitive behavior regulations | Monetary amount (R$) | TR-AL-520a.1 | 0 | 0 |
Accident and safety management | Description of implementation and outcomes of a Safety Management System | n/a | TR-AL-540a.1 | Read more on “Operational performance” in the 2020/2021 ESG Report |
Read more on “Business overview” |
Number of aviation accidents | Number | TR-AL-540a.2 | 0 | 0 | |
Number of governmental enforcement actions of aviation safety regulations | Number | TR-AL-540a.3 | 0 | 0 | |
Operational metrics | |||||
Topic | Measurement unit | Code | 2020 answer | 2021 answer | |
Available seat-kilometer (ASK)3 | ASK | TR-AL-000.A | 25,142 million | 27,104 million | |
Load factor | Rate | TR-AL-000.B | 80.1% | 82.0% | |
Revenue passenger-kilometer (RPK) | RPK | TR-AL-000.C | 20,127 million | 22,216 million | |
Revenue tonne-kilometer (RTK) | RTK | TR-AL-000.D | 1,649,796,999 | 1,860,311,738 | |
Number of takeoffs | Number | TR-AL-000.E | 124,528 | 133,885 | |
Average fleet age | Years | TR-AL-000.F | 11.0 | 10.7 |
Additional metrics | |||
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Environmental | |||
Topic | Measurement unit | 2020 answer | 2021 answer |
Relative emissions from fuel consumption4 | kgCO₂e/ASK | 0.0785 | 0.0725 |
Total greenhouse gas emissions (GHG) | Co₂e metric tons | 1,830,189 | 1,951,895 |
Greenhouse gas emissions (GHG) offset | Co₂e metric tons | 0 | 2,600 |
Social | |||
Topic | Measurement unit | 2020 answer | 2021 answer |
Gender of the workforce | Percentage (men/women) | 56%/44% | 56%/44% |
Age group | Percentage (under 30/from 30-50/over 50) | 22%/67%/11% | 20%/68%/12% |
Punctuality | Percentage (index) | 93.2% | 92.8% |
Regularity | Percentage (index) | 97.9% | 99.0% |
Baggage loss | Number per 1,000 passengers | 2.1 | 2.06 |
Governance | |||
Topic | Measurement unit | 2020 answer | 2021 answer |
Independent directors | Percentage | 55% | 50% |
Share of women holding leadership positions (Managers, Executive Offices, Vice President, CEO) | Percentage | 42% | 41% |
Number of Committees with independent members | Number | 5 | 5 |
Has a Compliance Policy (available on the Investor Relations website)? | Answer | Yes | Yes |
Has Information Disclosure and a Securities Trading Policy (available on the Investor Relations website)? | Answer | Yes | Yes |
Percentage of voting capital on the Shareholders‘ Metting | Percentage | 100% | 100% |
3Total ASK.
4Considers only fuel consumption in domestic flights, as well as domestic ASK.