STOCK TITAN

Bristow Advances Global Sustainability Efforts in Latest Report

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Positive)
Tags
Bristow Group (NYSE: VTOL), a global vertical flight solutions provider, released its 2024 Sustainability Report highlighting significant achievements. The company's UK Search and Rescue team conducted 2,870 missions, rescuing 470 people. Safety improvements led to a 32% reduction in lost workdays during 2024. Key sustainability initiatives include an agreement to purchase 10 Leonardo AW189 helicopters (with options for 10 more) that support reduced CO₂ emissions and SAF usage. Bristow expanded its SAR operations to Ireland and achieved ISO 14001 certification there. The company signed an agreement to participate in Norway's zero- and low-emission aviation testing. Through Bristow Uplift, the company donated $600,000 to local communities in 2024. Additional initiatives include implementing a human rights supplier commitment process in Norway and adopting a generative AI policy.
Bristow Group (NYSE: VTOL), fornitore globale di soluzioni per il volo verticale, ha pubblicato il suo Rapporto di Sostenibilità 2024 evidenziando importanti risultati. Il team di Ricerca e Salvataggio del Regno Unito ha effettuato 2.870 missioni, salvando 470 persone. I miglioramenti nella sicurezza hanno portato a una riduzione del 32% dei giorni lavorativi persi nel 2024. Tra le iniziative chiave di sostenibilità c'è un accordo per l'acquisto di 10 elicotteri Leonardo AW189 (con opzioni per altri 10) che favoriscono la riduzione delle emissioni di CO₂ e l'uso di SAF. Bristow ha ampliato le operazioni SAR in Irlanda e ha ottenuto la certificazione ISO 14001. L'azienda ha firmato un accordo per partecipare ai test sull'aviazione a zero e basse emissioni in Norvegia. Attraverso Bristow Uplift, ha donato 600.000 dollari alle comunità locali nel 2024. Altre iniziative includono l'implementazione di un processo di impegno sui diritti umani per i fornitori in Norvegia e l'adozione di una politica sull'intelligenza artificiale generativa.
Bristow Group (NYSE: VTOL), proveedor global de soluciones de vuelo vertical, publicó su Informe de Sostenibilidad 2024 destacando logros significativos. El equipo de Búsqueda y Rescate del Reino Unido realizó 2,870 misiones, rescatando a 470 personas. Las mejoras en seguridad lograron una reducción del 32% en días laborales perdidos durante 2024. Entre las iniciativas clave de sostenibilidad se incluye un acuerdo para comprar 10 helicópteros Leonardo AW189 (con opciones para 10 más) que apoyan la reducción de emisiones de CO₂ y el uso de SAF. Bristow amplió sus operaciones SAR a Irlanda y obtuvo la certificación ISO 14001 allí. La empresa firmó un acuerdo para participar en pruebas de aviación de emisiones cero y bajas en Noruega. A través de Bristow Uplift, donó $600,000 a comunidades locales en 2024. Otras iniciativas incluyen la implementación de un proceso de compromiso de derechos humanos para proveedores en Noruega y la adopción de una política de inteligencia artificial generativa.
글로벌 수직 비행 솔루션 제공업체인 Bristow Group(NYSE: VTOL)은 2024년 지속 가능성 보고서를 발표하며 중요한 성과를 강조했습니다. 영국의 수색 및 구조팀은 2,870회 임무를 수행해 470명을 구조했습니다. 안전 개선으로 2024년 작업 손실 일수가 32% 감소했습니다. 주요 지속 가능성 이니셔티브로는 CO₂ 배출 감소와 SAF 사용을 지원하는 10대의 레오나르도 AW189 헬리콥터 구매 계약(추가 10대 옵션 포함)이 있습니다. Bristow는 아일랜드로 SAR 운영을 확장하고 ISO 14001 인증을 획득했습니다. 또한 노르웨이의 무배출 및 저배출 항공 시험에 참여하는 계약을 체결했습니다. Bristow Uplift를 통해 2024년 지역 사회에 60만 달러를 기부했습니다. 추가 이니셔티브로는 노르웨이에서 인권 공급업체 약속 프로세스 도입과 생성형 AI 정책 채택이 포함됩니다.
Bristow Group (NYSE : VTOL), fournisseur mondial de solutions de vol vertical, a publié son rapport de durabilité 2024 mettant en avant des réalisations importantes. L'équipe de recherche et sauvetage du Royaume-Uni a réalisé 2 870 missions, sauvant 470 personnes. Les améliorations en matière de sécurité ont entraîné une réduction de 32 % des jours de travail perdus en 2024. Parmi les initiatives clés de durabilité figure un accord pour l'achat de 10 hélicoptères Leonardo AW189 (avec options pour 10 supplémentaires) favorisant la réduction des émissions de CO₂ et l'utilisation de SAF. Bristow a étendu ses opérations SAR en Irlande et obtenu la certification ISO 14001. L'entreprise a signé un accord pour participer aux tests d'aviation zéro et basse émission en Norvège. Grâce à Bristow Uplift, elle a fait don de 600 000 $ aux communautés locales en 2024. D'autres initiatives incluent la mise en place d'un processus d'engagement des fournisseurs en matière de droits humains en Norvège et l'adoption d'une politique d'IA générative.
Die Bristow Group (NYSE: VTOL), ein globaler Anbieter von vertikalen Flugsystemlösungen, veröffentlichte ihren Nachhaltigkeitsbericht 2024 mit bedeutenden Erfolgen. Das britische Such- und Rettungsteam führte 2.870 Einsätze durch und rettete 470 Menschen. Sicherheitsverbesserungen führten zu einer 32%igen Reduktion der verlorenen Arbeitstage im Jahr 2024. Wichtige Nachhaltigkeitsinitiativen umfassen einen Vertrag zum Kauf von 10 Leonardo AW189 Hubschraubern (mit Optionen für weitere 10), die zur Verringerung von CO₂-Emissionen und zur Nutzung von SAF beitragen. Bristow erweiterte seine SAR-Operationen nach Irland und erhielt dort die ISO 14001-Zertifizierung. Das Unternehmen unterzeichnete eine Vereinbarung zur Teilnahme an Norwegens Tests für emissionsfreie und emissionsarme Luftfahrt. Über Bristow Uplift spendete das Unternehmen 600.000 US-Dollar an lokale Gemeinschaften im Jahr 2024. Weitere Initiativen umfassen die Einführung eines Lieferantenverpflichtungsprozesses für Menschenrechte in Norwegen und die Annahme einer Richtlinie für generative KI.
Positive
  • 32% reduction in lost workdays, demonstrating improved safety performance
  • Expansion of SAR operations into Ireland, growing the company's service footprint
  • Agreement to acquire 10 Leonardo AW189 helicopters with options for 10 more, supporting fleet modernization and emissions reduction
  • Achievement of ISO 14001 certification in Ireland operations
  • Successful completion of 2,870 SAR missions, rescuing 470 people
Negative
  • None.
  • Rescued 470 people during 2,870 missions by UK Search and Rescue (SAR) team

  • Signed letter of intent to take part in an international test arena for zero- and low-emission aviation in Norway

  • Achieved ISO 14001 certification at Ireland operations

  • Strengthened fleet with modernization efforts by securing agreement to purchase 10 Leonardo AW189 super-medium helicopters, with options for 10 more, supporting reduced CO₂ emissions and sustainable aviation fuel (SAF) usage

HOUSTON, May 20, 2025 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the leading global provider of innovative and sustainable vertical flight solutions, today released its 2024 Sustainability Report, reaffirming Bristow's commitment to responsible growth.

"Our mission continues to prioritize safety, sustainability, and positive community impact," said Bristow President and CEO Chris Bradshaw. "The achievements highlighted in this report reflect our dedicated efforts to prioritize sustainable business practices, uphold safety as our highest priority, and strengthen our connections with communities where we operate and call home."

Bristow's ongoing emphasis on safety yielded a 32 percent reduction in lost workdays in 2024, underscoring the Company's top core value and highest operational priority. The UK SAR team continued its vital work, rescuing 470 people in 2,870 missions, and, along with its other government SAR mandates in the Netherlands, the Dutch Caribbean, and the Falkland Islands, the Company expanded SAR capabilities into Ireland, further demonstrating Bristow's critical role in community safety.

In support of pursuing sustainable aviation through the Company's strategic fleet renewal plans, Bristow secured an agreement to acquire 10 Leonardo AW189 helicopters, with options for 10 more, providing environmental benefits, including lower CO₂ emissions and compatibility with sustainable aviation fuel (SAF). Additionally, Bristow Norway signed a letter of intent to participate in Norway's pioneering international test arena for zero- and low-emission aviation, setting the stage for future aviation innovation.

Ethical leadership remained a focal point with the implementation of a new human rights supplier commitment process in Norway, establishing clear expectations and greater transparency, scheduled to expand globally in 2025. Bristow also proactively adopted a generative AI policy to responsibly leverage emerging technology while safeguarding ethical standards and intellectual property.

Through its Bristow Uplift initiative, the Company donated more than $600,000 in 2024, directly supporting local communities and reinforcing its commitment to being responsible corporate citizens.

The complete 2024 Sustainability Report is available on the Company's website at https://www.bristowgroup.com/sustainability-report-2024.

About Bristow Group 

Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. Bristow primarily provides aviation services to a broad base of offshore energy companies and government entities. Our aviation services include personnel transportation, search and rescue ("SAR"), medevac, fixed-wing transportation, unmanned systems and ad hoc helicopter services. Our business is comprised of three operating segments: Offshore Energy Services, Government Services and Other Services. Our energy customers charter our helicopters primarily to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. Our government customers primarily outsource SAR activities whereby we operate specialized helicopters and provide highly trained personnel. Our other services include fixed wing transportation services through a regional airline and dry-leasing aircraft to third-party operators in support of other industries and geographic markets.

Bristow currently has customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, India, Ireland, Mexico, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, the United Kingdom ("UK") and the United States ("U.S.").

Cision View original content:https://www.prnewswire.com/news-releases/bristow-advances-global-sustainability-efforts-in-latest-report-302460955.html

SOURCE Bristow Group

FAQ

What were the key achievements in Bristow Group's (VTOL) 2024 Sustainability Report?

Key achievements include a 32% reduction in lost workdays, 2,870 SAR missions rescuing 470 people, agreement to purchase 10 Leonardo AW189 helicopters, ISO 14001 certification in Ireland, and $600,000 in community donations.

How many Leonardo AW189 helicopters is Bristow Group (VTOL) planning to acquire?

Bristow Group secured an agreement to acquire 10 Leonardo AW189 helicopters with options for 10 more, focusing on reduced CO₂ emissions and SAF compatibility.

What safety improvements did Bristow Group (VTOL) achieve in 2024?

Bristow Group achieved a 32% reduction in lost workdays during 2024, demonstrating significant improvement in workplace safety performance.

How is Bristow Group (VTOL) advancing its sustainability initiatives in Norway?

Bristow Norway signed a letter of intent to participate in Norway's international test arena for zero- and low-emission aviation and implemented a new human rights supplier commitment process.

What was Bristow Group's (VTOL) community impact in 2024?

Through its Bristow Uplift initiative, the company donated $600,000 to local communities in 2024, while its SAR teams rescued 470 people during 2,870 missions.
Bristow Group Inc

NYSE:VTOL

VTOL Rankings

VTOL Latest News

VTOL Stock Data

869.59M
28.09M
2.55%
99.05%
1.28%
Oil & Gas Equipment & Services
Air Transportation, Nonscheduled
Link
United States
HOUSTON