Sustainable future by TAP

For the podcast “Iberian Lawyer Legal Talk”, IBL interviewed Stephanie Silva, General Counsel of Tap Portugal, and Bruno Ferreira, partner in the Banking and Finance and Capital Markets practices of PLMJ. Both talked about the increasing importance of sustainability and how a woman in a power position can make a difference as a role model in one of the biggest companies in Portugal.

If you consider the “Environmental Performance Index” (EPI), that is CO2 emissions per passenger and if we look at the numbers from 2015 to 2018, the EPI from TAP as decreased 13,5%. This investment in the fleet also has positive effects on the environment”, Stephanie Silva says. This bet on the environmental fight is not just a mood. The GC and Bruno Ferreira agree that both investors and consumers are taking into consideration the social standards of the companies.

For Bruno, “there’s a push from CEO’s and boards level as well as consumers for these issues. It’s the same thing when TAP chooses new airplanes, it’s good for business but consumers also feel that is important. It’s a good momentum to work on social impact and sustainability.”

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