{"id":769626,"date":"2023-07-13T10:15:25","date_gmt":"2023-07-13T14:15:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/joby-releases-first-annual-environmental-social-governance-report\/"},"modified":"2023-07-13T10:15:25","modified_gmt":"2023-07-13T14:15:25","slug":"joby-releases-first-annual-environmental-social-governance-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/joby-releases-first-annual-environmental-social-governance-report\/","title":{"rendered":"Joby Releases First Annual Environmental, Social, Governance Report"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Joby Releases First Annual Environmental, Social, Governance Report<\/b><\/p>\n<p>SANTA CRUZ, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nJoby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced the release of its first annual Environmental, Social, Governance (ESG) report.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230712648040\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230712648040\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230712648040\/en\/1840659\/4\/JobyAviation-ESGReport_Cover.jpg\" alt=\"Joby\u2019s pre-production prototype eVTOL aircraft in flight above Marina, California. (Photo credit: Joby Aviation)\" \/><\/p>\n<p style=\"font-size:85%\">Joby\u2019s pre-production prototype eVTOL aircraft in flight above Marina, California. (Photo credit: Joby Aviation)<\/p>\n<\/div>\n<p>\nAs part of the Company\u2019s commitment to positive impact, Joby has released its first ESG report, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fprismic-io.s3.amazonaws.com%2Fjoby-site%2F7c855da4-cb45-4721-9813-ecbf7d56ea71_JobyAviation-ESGReport.pdf&amp;esheet=53454083&amp;newsitemid=20230712648040&amp;lan=en-US&amp;anchor=accessible+on+Joby%26%238217%3Bs+website&amp;index=1&amp;md5=22d47fbb7133811b841ac4df71b116b6\">accessible on Joby\u2019s website<\/a>. The report, which covers Joby\u2019s progress through 2022, marks a first step for Joby \u2013 and the wider eVTOL industry \u2013 in understanding the holistic impact of its manufacturing and planned operations. It also allows the company to gain a deeper insight into areas for improvement as it grows.<\/p>\n<p>\nThe development of the report was led by Claire Boland, Joby\u2019s newly-appointed Sustainability Lead. Boland brings a decade of expertise leading multinational organizations on strategy and execution of greenhouse gas measurement and reduction, sustainable sourcing, and circular product development, including roles at PVH Corporation and PepsiCo, Inc.<\/p>\n<p>\n\u201cI\u2019m delighted to join a company that is changing the future of transportation for the better while being transparent about how we impact the environment and local communities,\u201d commented Boland.<\/p>\n<p>\n\u201cEvery team member at Joby touches a part of this report. It\u2019s a first step that will help us build a robust plan of action to ensure the company positively impacts the environment, the people who work here and the larger communities we operate in.\u201d<\/p>\n<p>\nThe report includes program and performance metrics across Safety, Environment, Social, and Governance topics. These include Joby\u2019s approach to safety strategy, the Company and aircraft\u2019s environmental impact, team member demographics, and corporate governance structure.<\/p>\n<p>\nIncluded in the report are the results of what is believed to be the eVTOL industry\u2019s first comprehensive life cycle assessment (LCA) to include both manufacturing and operations, which was undertaken in partnership with the U.S. Department of Energy\u2019s National Renewable Energy Laboratory (NREL).<\/p>\n<p>\nBased on the Company\u2019s knowledge at the time of the analysis, the LCA estimates the life cycle greenhouse gas impact of the Joby aircraft to be 1.5x smaller than an electric car, assuming both vehicles are charged by 100% renewable electricity, used for commuting purposes, and manufactured at scale. Joby intends to continue analyzing the projected environmental impact of its aircraft as the Company continues to develop its production facilities and concept of operations.<\/p>\n<p>\n\u201cWe intend to do everything we can to accelerate the aviation industry\u2019s transition to climate-neutral flight,\u201d said JoeBen Bevirt, Founder and CEO at Joby. \u201cThis report marks an important step towards a deeper understanding of our environmental footprint and we look forward to building on this foundation in the years ahead.\u201d<\/p>\n<p>\nIn June, Joby celebrated the launch of production at its pilot production line in Marina, CA, as the first aircraft built on the line secured a Special Airworthiness Certificate from the Federal Aviation Administration (FAA), clearing it to begin flight testing. The aircraft is expected to be delivered to Edwards Air Force Base as part of Joby\u2019s contract with the U.S. Air Force worth up to $131 million.<\/p>\n<p><b>About Joby<\/b><\/p>\n<p>\nJoby Aviation, Inc. (NYSE:JOBY) is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.jobyaviation.com&amp;esheet=53454083&amp;newsitemid=20230712648040&amp;lan=en-US&amp;anchor=www.jobyaviation.com&amp;index=2&amp;md5=df875b71ff6690df8a80642d45625022\">www.jobyaviation.com<\/a>.<\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p>\nThis press release contains \u201cforward-looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the development and performance of our aircraft; and our business plan, objectives, goals and market opportunity. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as \u201canticipate\u201d, \u201cestimate\u201d, \u201cexpect\u201d, \u201cproject\u201d, \u201cplan\u201d, \u201cintend\u201d, \u201cbelieve\u201d, \u201cmay\u201d, \u201cwill\u201d, \u201cshould\u201d, \u201ccan have\u201d, \u201clikely\u201d and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. All forward looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including: our ability to launch our aerial ridesharing service and the growth of the urban air mobility market generally; our ability to produce aircraft that meet our performance expectations in the volumes and on the timelines that we project, and our ability to launch our service; the competitive environment in which we operate; our future capital needs; our ability to adequately protect and enforce our intellectual property rights; our ability to effectively respond to evolving regulations and standards relating to our aircraft; our reliance on third-party suppliers and service partners; uncertainties related to our estimates of the size of the market for our service and future revenue opportunities; and other important factors discussed in the section titled \u201cRisk Factors\u201d in our Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the \u201cSEC\u201d) on March 1, 2023, and in future filings and other reports we file with or furnish to the SEC. Any such forward-looking statements represent management\u2019s estimates and beliefs as of the date of this presentation. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230712648040r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230712648040\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230712648040\/en\/<\/a><\/span><\/p>\n<p>\nJoby Aviation<br \/>\n<br \/>Investors:<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investors@jobyaviation.com\">investors@jobyaviation.com<\/a><\/p>\n<p>\nMedia:<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@jobyaviation.com\">press@jobyaviation.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Environmental Policy Environmental Issues Environmental Health Sustainability Alternative Energy Energy Environment Other Transport Green Technology Air Transport Aerospace Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230712648040\/en\/1840657\/3\/Joby_Lockup_-_Blue_and_Dark_Grey_%282%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230712648040\/en\/1840659\/3\/JobyAviation-ESGReport_Cover.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Joby\u2019s pre-production prototype eVTOL aircraft in flight above Marina, California. (Photo credit: Joby Aviation)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Joby Releases First Annual Environmental, Social, Governance Report SANTA CRUZ, Calif.&#8211;(BUSINESS WIRE)&#8211; Joby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced the release of its first annual Environmental, Social, Governance (ESG) report. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230712648040\/en\/ Joby\u2019s pre-production prototype eVTOL aircraft in flight above Marina, California. (Photo credit: Joby Aviation) As part of the Company\u2019s commitment to positive impact, Joby has released its first ESG report, accessible on Joby\u2019s website. The report, which covers Joby\u2019s progress through 2022, marks a first step for Joby \u2013 and the wider eVTOL industry \u2013 in understanding the holistic impact of its manufacturing and planned operations. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/joby-releases-first-annual-environmental-social-governance-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Joby Releases First Annual Environmental, Social, Governance Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-769626","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Joby Releases First Annual Environmental, Social, Governance Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/joby-releases-first-annual-environmental-social-governance-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Joby Releases First Annual Environmental, Social, Governance Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Joby Releases First Annual Environmental, Social, Governance Report SANTA CRUZ, Calif.&#8211;(BUSINESS WIRE)&#8211; Joby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced the release of its first annual Environmental, Social, Governance (ESG) report. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230712648040\/en\/ Joby\u2019s pre-production prototype eVTOL aircraft in flight above Marina, California. (Photo credit: Joby Aviation) As part of the Company\u2019s commitment to positive impact, Joby has released its first ESG report, accessible on Joby\u2019s website. The report, which covers Joby\u2019s progress through 2022, marks a first step for Joby \u2013 and the wider eVTOL industry \u2013 in understanding the holistic impact of its manufacturing and planned operations. &hellip; Continue reading &quot;Joby Releases First Annual Environmental, Social, Governance Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/joby-releases-first-annual-environmental-social-governance-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-13T14:15:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20230712648040\/en\/1840659\/4\/JobyAviation-ESGReport_Cover.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/joby-releases-first-annual-environmental-social-governance-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/joby-releases-first-annual-environmental-social-governance-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Joby Releases First Annual Environmental, Social, Governance Report\",\"datePublished\":\"2023-07-13T14:15:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/joby-releases-first-annual-environmental-social-governance-report\\\/\"},\"wordCount\":1006,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/joby-releases-first-annual-environmental-social-governance-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20230712648040\\\/en\\\/1840659\\\/4\\\/JobyAviation-ESGReport_Cover.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/joby-releases-first-annual-environmental-social-governance-report\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/joby-releases-first-annual-environmental-social-governance-report\\\/\",\"name\":\"Joby Releases First Annual Environmental, Social, Governance Report - 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(NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced the release of its first annual Environmental, Social, Governance (ESG) report. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230712648040\/en\/ Joby\u2019s pre-production prototype eVTOL aircraft in flight above Marina, California. (Photo credit: Joby Aviation) As part of the Company\u2019s commitment to positive impact, Joby has released its first ESG report, accessible on Joby\u2019s website. The report, which covers Joby\u2019s progress through 2022, marks a first step for Joby \u2013 and the wider eVTOL industry \u2013 in understanding the holistic impact of its manufacturing and planned operations. &hellip; Continue reading \"Joby Releases First Annual Environmental, Social, Governance Report\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/joby-releases-first-annual-environmental-social-governance-report\/","og_site_name":"Market Newsdesk","article_published_time":"2023-07-13T14:15:25+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20230712648040\/en\/1840659\/4\/JobyAviation-ESGReport_Cover.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/joby-releases-first-annual-environmental-social-governance-report\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/joby-releases-first-annual-environmental-social-governance-report\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Joby Releases First Annual Environmental, Social, Governance Report","datePublished":"2023-07-13T14:15:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/joby-releases-first-annual-environmental-social-governance-report\/"},"wordCount":1006,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/joby-releases-first-annual-environmental-social-governance-report\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20230712648040\/en\/1840659\/4\/JobyAviation-ESGReport_Cover.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/joby-releases-first-annual-environmental-social-governance-report\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/joby-releases-first-annual-environmental-social-governance-report\/","name":"Joby Releases First Annual Environmental, Social, Governance Report - 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