greening for profit stephanie bolt adelaide airport ltd safc conference 23 september 2015
TRANSCRIPT
GREENING FOR PROFIT
STEPHANIE BOLT
ADELAIDE AIRPORT LTD
SAFC CONFERENCE
23 SEPTEMBER 2015
ADELAIDE AIRPORT
7.7Million Total
annual passenger
900,000International passengers
6.2Million
domestic national
passengers
6International destinations
600,000Domestic regional
passengers
19Domestic
and regional destinations
ECONOMIC GROWTH
FY94
FY95
FY96
FY97
FY98
FY99
FY00
FY01
FY02
FY03
FY04
FY05
FY06
FY07
FY08
FY09
FY10
FY11
FY12
FY13
FY14
0.8
1.0
1.2
1.4
1.6
1.8
2.0
2.2
2.4
2.6AAL PAXSA GSPAUS GDP
Sources:BITRE, AAL, Australian Bureau of Statistics, 5206.0 – Australian National Accounts: National Income, Expenditure and Product, November 2014
2.4x
1.7x
1.9x
AVIATION GROWTH
• GLOBALLY (2013-2014*)
Source: Airports Council International (*data based on % change YOY to July)
AFRICA ASIA PACIFIC EUROPE LATIN AMERICA CAR MIDDLE EAST NORTH AMERICA GLOBAL-4
-2
0
2
4
6
8
10
12
AVIATION GROWTH (% CHANGE YEAR ON YEAR 2014)
PASSENGERS CARGO MOVEMENTS
AVIATION GROWTH
• EXPANDING INDUSTRY ON BACK OF GROWING MIDDLE CLASS• AIRLINES TO NEED 34,000 NEW AIRCRAFT 2011-2031• AIRLINES + AIRPORTS = SYMBIOTIC RELATIONSHIP
Source: Boeing Current Market Outlook
AVIATION GROWTH
INDUSTRY LEADERSHIP
• COMMITTED TO CARBON NEUTRAL GROWTH FROM 2020, AND 50% REDUCTION BY 2050
• INCLUDES AIRPORTS
Source: IATA Aviation Carbon Model
ADELAIDE AIRPORT VISION
AVIATION GROWTH + ECONOMIC GROWTH
Increased Capacity
and Efficiency
INDUSTRYLEADERSHIP
MISCONCEPTION:
GOING GREEN HAS TO BEEXPENSIVE OR DIFFICULT
GREEN APPROACH
TRUTH:
ENVIRONMENTAL WASTE ISTHE BEST PROXY FOR IDENTIFYINGAND ELIMINATING ECONOMIC WASTE
KEIVAN ZOKAEI, AUTHOR & LEAN OPERATIONS CONSULTANT
Low-Carbon Investments Produce Higher Returns. Seventy-nine percent of US companies in the S&P 500 that report to CDP earn a higher return on their carbon-reduction investments than on their overall corporate capital investments. Similarly, those companies with carbon reduction targets secured 9 percentage points higher overall ROI than their peers without targets.
GREEN APPROACH
TRUTH:
LOW CARBON INVESTMENTSPRODUCE HIGHER RETURNS
79% of US companies in the S&P 500 earn a higher return on their carbon-reduction investments than on their overall corporate capital investments. Similarly, those companies with carbon reduction targets secured 9% higher overall ROI than their peers without targets
CDP & WWF, 3% PROJECT REPORT
GREEN APPROACH
• SMART DESIGN• BUILDINGS• INTERIORS• UTILITIES
• BUILDING ENVIRONMENT CONTROLS• AIRFIELD INFRASTRUCTURE UPGRADES• ALTERNATIVE WATER NETWORK• TECHNOLOGY INNOVATIONS
GREEN APPROACH
GREEN APPROACH
INNOVATION
