MASHINIi

WIZZ AIR HOLDINGS PLC.

WIZZ.LSE | Passenger air transport

Wizz Air Holdings PLC is a European low-cost airline focused on Central and Eastern Europe. The company operates a fleet of Airbus A320 family aircraft, offering scheduled passenger flights across a network of routes connecting various destinations in Europe, as well as some destinations in North Af...Show More

Ethical Profile

Mixed.

Wizz Air Holdings PLC has a mixed ethical profile. Its low-cost business model is fundamentally in conflict with planet-friendly operations, as air travel is a significant source of carbon emissions, and the airline's growth strategy will likely increase its overall environmental impact. Concerns have been raised regarding potential opacity in pricing due to its reliance on ancillary fees, which critics suggest can impact honest and fair business practices. Reports also indicate that the low-cost model may create pressure to minimize labor costs, potentially affecting worker wages and conditions. Furthermore, air travel is linked to air pollution, which negatively affects respiratory health.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing20
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

0

Wizz Air's core service of air travel is considered health-neutral. The company demonstrates strong commitment to mental health through its comprehensive Employee Assistance Program (EAP), which provides 24/7 access to independent psychologists and experts for employees and their relatives for various mental health issues.

1
This is further supported by events like 'Women On Air' focusing on mental health and work-life balance.
2
For healthcare data, the EAP ensures information shared is strictly confidential and requires informed, voluntary, and written consent for communication.
3
Regarding health externalities, Wizz Air reports 52 grammes of CO2 emissions per passenger kilometre in F24
4
and aims for a 25% reduction by 2030.
5
Its A321neo aircraft offer a nearly 50% reduction in noise footprint
6
and a 50% reduction in nitrogen oxide emissions,
7
indicating substantial mitigation efforts for environmental impacts that can have indirect health effects. The company's operations do not involve health-related patents, food products, or clinical trials, and its services do not have addiction potential.

Fair Money & Economic Opportunity

0

Wizz Air Holdings PLC is an airline and does not offer financial products or services such as lending, deposits, or insurance to consumers. Consequently, all KPIs under the 'Fair Money & Economic Opportunity' value are not applicable. These KPIs are designed to assess financial institutions on aspects like APRs, fee structures, loan books, financial literacy programs, and customer financial data. While Wizz Air provides affordable air travel, particularly in Central and Eastern Europe, and emphasizes a 'pay-for-what-you-use' approach for its airline services, these activities do not align with the specific financial inclusion metrics of the rubric.

1

Fair Pay & Worker Respect

0

No evidence available to assess WIZZ AIR HOLDINGS PLC on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

20

Wizz Air requires all its partners and suppliers to comply with its Supplier Code of Conduct, which is included in all tenders and requires acknowledgement and acceptance as a prerequisite

1
. Dedicated contractual clauses are incorporated into agreements by the Purchasing department
2
, ensuring 100% coverage of enforceable ethical-sourcing clauses
3
. The company has received no reports of incidents of modern slavery or human trafficking
4
. Wizz Air delivers online compliance training related to its Code of Ethics to every staff member
5
, with anti-slavery training being added to crew members' annual security sessions
6
. A whistleblowing program allows employees to report concerns anonymously
7
. The company has partnered with a third-party risk management company for continuous and automated assessments across environmental, social, and governance topics, including human and labor rights
8
.

Honest & Fair Business

0

No evidence available to assess WIZZ AIR HOLDINGS PLC on Honest & Fair Business.

Kind to Animals

0

As a service-oriented airline, Wizz Air's core business model does not involve activities typically assessed by most 'Kind to Animals' KPIs. The company does not produce products requiring cruelty-free certification or animal testing, nor does it operate animal husbandry or engage in animal agriculture, making these KPIs not applicable. While Wizz Air launched a biodiversity educational campaign in March 2024, sharing information with 6 million customers

1
, no measurable biodiversity impact or species recovery metrics were provided. The company is improving its third-party risk assessment and management approach, with a special focus on ESG topics
2
, but no specific percentage of suppliers audited for animal welfare compliance is stated. Investments in Sustainable Aviation Fuel (SAF) research and development are mentioned
3
, but these are not related to animal-free technologies. Similarly, engagement with policymakers and regulators is noted
4
, but does not specifically pertain to animal welfare policy improvement.

No War, No Weapons

0

No evidence available to assess WIZZ AIR HOLDINGS PLC on No War, No Weapons.

Planet-Friendly Business

0

No evidence available to assess WIZZ AIR HOLDINGS PLC on Planet-Friendly Business.

Respect for Cultures & Communities

0

No evidence available to assess WIZZ AIR HOLDINGS PLC on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess WIZZ AIR HOLDINGS PLC on Safe & Smart Tech.

Zero Waste & Sustainable Products

-30

Wizz Air reported a waste-to-landfill percentage of 27.2% in fiscal year 2024, resulting in a 72.8% waste diversion rate.

1
The airline has committed to a company-wide target of 50% waste reduction across its operations by 2025.
2
In 2023, it achieved a 30% reduction in single-use plastic onboard.
3
Wizz Air has implemented several waste reduction initiatives, including paperless flight decks
4
, a comprehensive recycling program at various airports
5
, and the use of recycled leather for seat covers
6
. Other initiatives include expanding its in-flight recycling trial program
7
, using a machine learning tool that reduced sandwich waste by 10%
8
, implementing a fully digital solution for HR documentation
9
, and exploring turning human waste into Sustainable Aviation Fuel
10
. For its supply chain, 100% of tier 1 suppliers by procurement spend are required to comply with waste reduction, recycled materials, and single-use plastic reduction requirements
11
, with 51-75% currently in compliance
12
, though these requirements are not included in supplier contracts
13
. Wizz Air also runs customer education campaigns, including a dedicated sustainability website
14
, educational letters
15
, and a biodiversity campaign launched in March 2024
16
, to promote sustainable travel practices.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.