Each year, we measure and report our results in what we call the Southwest Airlines One Report™, which comprehensively covers our financial, social, and environmental performance. This award winning Report adheres to the Global Reporting Initiative (GRI), an internationally recognized standard for triple bottom line reporting, and fully complies with the GRI’s B+ application level. In addition, we’ve introduced parallel Carbon Disclosure Project reporting that covers effective management of environmental risks, focusing on greenhouse gas emissions and climate change strategies.
Southwest Airlines achieved record revenues of $17 billion in 2012, tripling the revenue over the last decade. As of yearend, Southwest remained the only investment-grade rated U.S. airline with strong liquidity, modest debt, and a steadfast focus on enhancing Shareholder value through capital efficiency.
Southwest Airlines Employees volunteered more than 137,000 hours, which is enough time to fly between Dallas Love Field and Houston Hobby 195,714 times—one of Southwest’s first routes in 1971.
Southwest Airlines diverted more than 2,900 tons of material from landfills and into recycling facilities with our co-mingled recycling program, which is equal to the weight of more than 69 Boeing 737-700s. This is a seven percent increase over 2011 quantities, exceeding the goal of a 2.5 percent improvement.