Los Angeles World Airports

This document outlines Los Angeles World Airports' (LAWA) commitment and progress in environmental leadership. Key initiatives include operating a LEED Gold certified sustainable utility plant, transitioning 60% of its fleet to alternative fuels, partnering with airlines for sustainable biofuel use, restoring natural habitats, and implementing water conservation measures saving an estimated 396,000 gallons daily. LAWA aims to achieve Airport Carbon Accreditation Level 3 and reduce greenhouse gas emissions by 45% below 1990 levels by 2025, continually striving for a cleaner, greener, and more sustainable future through waste reduction, efficiency improvements, and technology implementation.

The 2023 Sustainability Report highlights Los Angeles World Airports' (LAWA) initiatives and commitments to the environment, community, and economic growth of LAX and VNY. It details the advancement of sustainability initiatives, workforce and community engagement, and the implementation of sustainable construction projects. The report categorizes sustainability performance, goals, and targets under key focus areas: Corporate Responsibility, Energy Stewardship, Water Conservation and Quality, Air Emissions Management, Material Resources Management, Noise Management, and Natural Resource Management. The overarching aim is to achieve sustainability goals and propel the airports and the aviation industry towards a greener future, based on the Sustainability Action Plan approved in 2019 with goals extending to 2045.

The proposed budget for Fiscal Year 2025-2026 includes revenues, expenses, operating income, net debt service, and remaining funds for capital and reserves. Key financial metrics include debt service coverage, O&M days cash on hand, and airline cost per enplanement. The budget meets LAX Bond Indenture covenants, with operating income sufficient to cover debt service and fund a portion of capital costs. The budget also covers revenues, terminal rents, landing and apron fees, airline revenues, land and building rents, terminal concessions, parking, ground transportation, and rental cars. The budget also includes personnel and non-personnel costs, staffing plans, and budgeted vacancies by bargaining unit. The document also covers cost per enplaned passenger and budget risks and mitigation.

This Sustainability Report details Los Angeles World Airports' (LAWA) ongoing sustainability initiatives and practices, aiming to become the greenest airport system globally. The plan, guided by the Sustainability Performance Improvement Management System (SPIMS) established in 2008, integrates economic growth, social responsibility, and environmental stewardship. Key objectives include increasing water conservation, promoting environmentally responsible products, enhancing recycling and source reduction, reducing energy usage and increasing green power, minimizing emissions, incorporating sustainable planning and construction, promoting sustainability awareness, and integrating sustainable practices into internal policies and agreements. The plan sets targets for various initiatives, with goals extending to 2030, such as reducing GHG emissions and achieving specific conversion rates for alternative fuel vehicles.

This Sustainability Report for Los Angeles World Airports (LAWA) outlines the organization's strategic commitment to becoming a global leader in airport sustainability, guided by its Sustainability Vision and Principles adopted in 2007. The report details nine key objectives: increasing water conservation, promoting environmentally and socially responsible products, enhancing recycling and source reduction, reducing energy usage and increasing green power, decreasing emissions, reducing single occupancy trips, incorporating sustainable planning/design/construction, promoting sustainability awareness, and integrating sustainable practices into internal policies. The plan operates under a 'Triple Bottom Line' approach, aiming for environmental stewardship, economic growth, and social responsibility, with targets extending to 2030.