Global Jet Capital Amplifies Its Environmental Commitment

Issue: 10-2023
Vivek Kaushal, CEO, Global Jet Capital

Global Jet Capital, a global leader in financial solutions for business aircraft, announced a strategic partnership with Azzera, an innovative provider of carbon offsetting and compliance solutions for business aviation. The partnership is purposed to bolster the company’s commitment to sustainability.

Global Jet Capital has teamed up with Azzera to design a multi-pronged approach to its sustainability platform, which includes conducting a comprehensive annual audit to assess scope 1 and 2 direct emissions. Global Jet Capital intends to compensate for its scope 1 and 2 emissions by purchasing a carefully curated portfolio of highquality carbon offsetting projects identified by Azzera that have been validated for their contribution toward achieving net zero.

Additionally, the partnership will extend to supporting the company’s ongoing CleanFlight programme which was originally launched in 2020. The collaboration with Azzera will allow Global Jet Capital to continue offering its clients a flexible and seamless pathway to measure and compensate the greenhouse gas emissions related to their business aircraft. Through the partnership, clients will gain access to a diverse portfolio of regionally based carbon credit projects. These projects will allow Global Jet Capital’s clients to align their offsetting efforts with their unique needs and sustainability goals. Clients will also enjoy access to compliance management solutions, including a specialised CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) specific portfolio which ensures adherence to CORSIA requirements.