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Boeing Acknowledged With 2020 Sustainability Leadership Award

By John F. Heerdink, Jr.

As per reports, Boeing (NYSE: BA) has been honored with the 2020 Sustainability Leadership Award from the National Association of Manufacturers, recognizing the company’s efforts to recycle excess aerospace carbon fiber. Company’s partnership with UK-based ELG Carbon Fibre since 2018, allows Boeing to collect the excess scrap material which ELG treats in a furnace that removes binding agents and releases clean material that can be further used to make electronic accessories and automotive equipment.

“Boeing is demonstrating that you can be environmentally sustainable in a cost effective way.We are the largest consumer of aerospace-grade composite and the only company able to recycle 100% of it.” stated Bryan Scott, vice president of Environment, Health & Safety at Boeing.

The carbon cleaning and recycling process are now in place at 11 of Boeing’s global airplane manufacturing sites. The company has committed itself to several other environmental goals by 2025, like reducing greenhouse gas emissions by 25%, hazardous waste at worksites by 5%, energy use by 10% also it aims at a 50% reduction in CO2 emissions by 2050 in comparison to 2005 levels.

Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page.





Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Boeing Recognized for Sustainability Leadership in PR Newswire)


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