Mobility Impact Report - Aerospace Edition

In our latest quarterly review of corporate sustainability impacts, risks and opportunities, we find that the aerospace industry faces significant labour shortage challenges, with more than 600,000 pilots and technicians and 900,000 cabin crew members required to meet accelerating demand. The report highlights how 60% of ground handlers feel there is a lack of workers to carry out operations smoothly, resulting in flight delays, cancellations, reputational damage, and compensation costs. Leading companies are implementing comprehensive workforce development initiatives, including training academies, recruitment programs, and strategic partnerships to address these critical ESG challenges throughout the aerospace value chain.

This report analyses thousands of sustainability disclosures from 20 leading entities in the industry, including RTX Corporation, Airbus SE, and Boeing. Published in Q225 as part of a quarterly series, it also includes disclosures from Global South entities like Embraer S.A., Hindustan Aeronautics Limited, and Korea Aerospace Industries. The global nature of this analysis makes it an ideal source of external evidence for sustainability accounting and disclosure, with critical insights into topics of financial materiality and double materiality across aviation operations, particularly as the sector implements the Bipartisan FAA Reauthorization Act's provisions for workforce development.