JetBlue Airways’ sustainability efforts have taken many forms, and its investments in early-stage companies through its JetBlue Ventures division reflect its willingness to commit financial resources to a wide range of eco-conscious enterprises. Recently adding its 41st company to its portfolio of investments, JetBlue’s venture capital arm doesn’t limit its financial interest to technology companies. But a commitment to sustainability remains at its core, as evidenced by its stakes in companies such as eVTOL developer Joby, Universal Hydrogen, and, most recently, battery pack developer Electric Power Systems.
During last month’s JetBlue Ventures Sustainability Summit in San Francisco, the division’s president, Amy Burr, explained to AIN that the impetus for the investments of course stem from a desire to advance JetBlue’s sustainability goals, which include reaching net-zero carbon emissions by 2040. But she also noted that the breadth of its portfolio reflects an interest in playing a role in the industry’s broader efforts to meet a 2050 net-zero target.
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