Metropolitan Washington Airports Authority Releases Inaugural ESG Report Highlighting 2023 Achievements
(IN SHORT) The Metropolitan Washington Airports Authority has released its first Environment, Social, and Governance (ESG) Impact Report, detailing significant achievements in 2023. Key highlights include environmental efforts such as extensive recycling and the development of an 800-acre solar energy facility, social contributions including community donations and workforce development expos, and governance accomplishments like maintaining a strong debt service coverage ratio and ensuring high ethical standards. The report emphasizes the Authority’s commitment to sustainable, socially responsible operations and aligns with industry reporting standards.
(PRESS RELEASE) Washington DC, USA, 2024-Jul-25 — /Travel PR News/ — The Metropolitan Washington Airports Authority has published its first Environment, Social, and Governance (ESG) Impact Report, marking a significant milestone in their commitment to sustainable and socially responsible operations. This 58-page report, which aligns with industry reporting standards, replaces the previous Corporate Social Responsibility report and provides comprehensive insights into the Authority’s 2023 achievements.
The report showcases a range of activities and accomplishments that support the Authority’s mission to deliver safe and efficient operations at Washington Dulles International Airport, Ronald Reagan Washington National Airport, the Dulles Toll Road, and related infrastructure. It also highlights the Authority’s efforts in supporting employees, passengers, business partners, and the local community.
“We have a great story to tell about the Airports Authority’s accomplishments,” said Tanisha Lewis, vice president of diversity, inclusion, and social impact. “The ESG report offers a detailed look at our mission to operate two world-class airports for the benefit of passengers, employees, and the community.”
Environmental Achievements:
- Recycling Efforts: Recycled over 4 tons of electronics, 31 tons of paper, and 440 pounds of toner.
- Waste Reduction: Installed 12 mobile liquid collection stations at security checkpoints to reduce municipal solid waste and disposal costs.
- Sustainable Mobility: Supported over 4,000 Capital Bikeshare riders at Reagan National Airport and over 1 million riders at the Dulles International Airport Metro station on the Silver Line.
- Solar Energy Initiative: Commenced construction on an 800-acre, 100-megawatt solar facility at Dulles, expected to be completed by 2026.
Social Contributions:
- Sunflower Lanyard Program: Launched a program to discreetly assist passengers with hidden disabilities, distributing over 1,183 lanyards.
- Community Donations: Donated over 7,500 items, including 20 vehicles, to local schools, shelters, and charities.
- Community Engagement: Hosted 10 events such as Earth Day clean-ups, Dulles Day benefiting Special Olympics Virginia, and a student backpack drive.
- Workforce Development: Organized expos at Reagan National and Dulles International Airports, introducing over 400 local students to airport careers.
Governance Highlights:
- Financial Stability: Achieved a debt service coverage ratio of 2.77x, more than double the minimum requirement.
- Ethical Standards: Ensured all employees completed annual ethics training.
- Board Leadership: Established a new ESG committee with representatives from various board committees to oversee the Authority’s ESG initiatives.
The report emphasizes the growing importance of an effective ESG business strategy for rating agencies, insurance companies, investors, airlines, potential employees, local governments, and regulators. The Airports Authority’s annual production of this report is a testament to its dedication to sustainability, social responsibility, and robust governance.
To view the full 2023 ESG impact report, click here.
Media Contact:
Rob Yingling
Director of Corporate Communications
Phone: (703) 417-8370
Email: PublicAffairs@mwaa.com
Source: Metropolitan Washington Airports Authority
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