Business Daily Media

Business Marketing

.

Cathay’s 1 Ticket, 1 Tree initiative achieves new milestone

30,000 mangrove trees planted in Southeast Asia since 2021

SINGAPORE - Media OutReach Newswire - 22 April 2024 - Cathay has reached a milestone in its 1 Ticket, 1 Tree journey, with the planting of 30,000 mangrove trees in Southeast Asia since the initiative was launched in 2021.

This includes 7,500 mangrove trees that Cathay and its partners have committed to plant in 2024, from tickets sold in Southeast Asia from a five-day campaign period in July 2023.

Caption

Now in its fourth year, 1 Ticket, 1 Tree is a Southeast Asia initiative by Cathay that underscores its commitment to support local communities, restore local habitats and drive climate resilience. It involves Cathay planting a tree in the region for every ticket purchased from Singapore, the Philippines, Thailand, Indonesia, Malaysia, Vietnam and Cambodia during a specified campaign period. To kickstart 1 Ticket, 1 Tree this year, 4,000 trees were planted in Thailand's Bangpu Nature Education Centre in Samut Prakan on 23 March 2024. The remaining trees will be progressively planted in mangrove forests across Southeast Asia in the coming months.

Cathay continues to work with local environment and community partners to restore mangrove forests in the region. In Thailand for instance, half of the 4,000 trees were contributed by KTC (Krungthai Card), who joined Cathay's efforts in Thailand for the first time this year. Since 2021, Cathay has worked with 13 local partners across the region to plant trees and ensure they grow and thrive.

Cathay Regional General Manager for Southeast Asia Dominic Perret said: "Cathay's 1 Ticket, 1 Tree in Southeast Asia reinforces our aspiration to be at the forefront of sustainability leadership and to advocate for collaborative actions to go Greener Together. Giving back to the communities we serve is an important part of this endeavour, as we collaborate with our customers and business partners to protect the coastal ecosystems that many local communities in the region depend on for food, protection and income. We are extremely encouraged by the positive response we've received from other like-minded partners who have since joined us in this effort, or simply helped spread the word."

1 Ticket, 1 Tree will be rolled out in Southeast Asia again this year, where Cathay invites customers to contribute to the mangrove forests when they fly, simply by booking a ticket with Cathay.

For more information on 1 Ticket, 1 Tree, please follow Cathay's Facebook page or visit:
Singapore | Malaysia | Indonesia | Philippines | Cambodia | Thailand | Vietnam

Greener Together: Cathay's commitment to sustainability leadership
As one of the first airlines in Asia to set a target of 10% Sustainable Aviation Fuel (SAF) for its total fuel consumption by 2030, Cathay fully recognises the challenges in transitioning to more sustainable energy in aviation. To address this, Cathay embraces a collaborative ethos, Greener Together, urging all stakeholders to unite in this important pursuit. Beyond SAF, we have also made important strides towards our 2050 carbon neutrality goal in other aspects of decarbonisation.

Full details of Cathay's performance and commitments in sustainable development are available in its 2023 Sustainability Report, available here. Key highlights include committing to near-term climate improvements, accelerating the use of SAF, and moving towards more sustainable use of resources.

Hashtag: #CathayPacific

The issuer is solely responsible for the content of this announcement.

News from Asia

K E Wee Associates PAC - Achieving Company Compliance Success: Chartered Accountant Wee Kong Eng Shares Key Insights

Compliance is critical for every business’s operational integrity. Chartered accountant Wee Kong Eng offers insights into Singapore's regulatory environment. SINGAPORE - Media OutReach News...

ARCTITUDESIGN Dominates Again: Clinches Top Spots at 2023 Design Competitions

Continuing Their Award-Winning Streak, the Firm Excels at International Design Awards and Architizer A+Awards HONG KONG SAR - Media OutReach Newswire - 30 April 2024 - ARCTITUDESIGN, an eminent in...

ECOVACS ROBOTICS Teams Up with New Brand Ambassador, South Korean Superstar Jun Ji-hyun, for a Dynamic Journey Ahead

SINGAPORE - Media OutReach Newswire - 30 April 2024 - ECOVACS ROBOTICS, a global leader in service robotics, is thrilled to announce the appointment of Jun Ji-hyun, the celebrated South Korean act...

China leads with eight of top ten largest VC deals in Asia in Q1’24, KPMG analysis finds

AI and cleantech interest drives VC investment in Asia HONG KONG SAR - Media OutReach Newswire - 30 April 2024 - Despite a challenging start to the year, China secured eight of the largest ten dea...

Samsung Solve for Tomorrow 2023 Concludes After an 8-Month Journey, Igniting the Collaborative Efforts of Hong Kong's Primary and Secondary School Students Towards a Technology-Driven Sustainable Future

Ying Wa Primary School and Ho Yu College and Primary School (Sponsored by Sik Sik Yuen) emerged as the Champions in the Primary and Secondary school categories respectively. Around 2,000 students e...

Qmiax Obtains Canadian MSB License, Initiating a New Era of Compliance in Trading

NEW YORK, USA - Media OutReach Newswire - 30 April 2024 - In the rapidly evolving landscape of global financial technology, cryptocurrencies have become a significant part of financial innovation...

Enjoy Wealth Appreciation and Inheritance with Hong Kong Life's Wealth Up (Premier) Savings Insurance Plan

Up to 4.46% p.a. Projected Total Return Rate upon Policy Maturity HONG KONG SAR - Media OutReach Newswire - 30 April 2024 - Along with the continuous economic growth, customers would like to alloc...

AIA Singapore unveils wealth strategy and ambitious plans to be the top insurer in the wealth segment

The increase in regional and domestic wealth primes AIA Singapore’s wealth strategy with the launch of AIA Wealth Centre to provide bespoke experiences for customers in Singapore. SINGAPORE - Med...

Pianoland announces its second outlet at Westgate, Singapore

Bringing Quality Music to the Heartlands with Grand Opening at Westgate, Singapore SINGAPORE - Media OutReach Newswire - 30 April 2024 - Pianoland, a destination for piano players, is thrilled t...

PolyU's Department of Health Technology and Informatics Announces Three New Master's Degree Programs with Open Applications

HONG KONG SAR - Media OutReach Newswire - 30 April 2024 - The Department of Health Technology and Informatics (HTI) is currently introducing three new master’s degree programmes: MSc in Medical Da...

Popular

Packform Skyrockets To Stevie Award Tech Startup Winners

Peter Williams and Philip Weinman Packform, one of the fastest growing technology companies in the US, has been hailed as the Most Innovative Tech Company of the Year, receiving two prestigious Stevie® Awards, in the ...

HubSpot and TikTok Partner to turn Engaged Audiences into Loyal Customers

Available now in Australia, the CRM partnership supercharges B2B lead generation HubSpot and TikTok have today announced a partnership to make community-based customer acquisition easier than ever for B2B brands. With a new i...

Nationwide call for daring and innovative ideas to fight COVID-19

ACS, the professional association for Australia’s technology sector, will host over 2,000 participants for the online ‘Flatten the Curve hackathon’ taking place this weekend.   The event, running over 48 hours from 6pm today 9...