Avis Budget Group, Inc., headquartered in the United States, is a leading player in the car rental industry, renowned for its comprehensive range of mobility solutions. Founded in 1946, the company operates under well-known brands such as Avis, Budget, and Zipcar, serving customers across North America, Europe, and Asia-Pacific. With a focus on both leisure and business travel, Avis Budget offers a diverse fleet of vehicles, including economy cars, luxury vehicles, and SUVs, catering to various customer needs. The company is distinguished by its commitment to innovation, exemplified by its user-friendly mobile app and flexible rental options. As a prominent entity in the car rental market, Avis Budget Group has achieved significant milestones, including the expansion of its electric vehicle offerings, positioning itself as a forward-thinking leader in sustainable transportation solutions.
How does Avis Budget's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Avis Budget's score of 41 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Avis Budget Group reported total Scope 1 emissions of approximately 6,349,360,000 kg CO2e and Scope 2 emissions of about 37,296,000 kg CO2e globally. The company has set an ambitious target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 30% from a 2018 baseline by the year 2030. As of the end of 2022, Avis Budget achieved a 17% reduction in these emissions since 2018. For the year 2022, Avis Budget's Scope 1 emissions in the US were approximately 4,246,446,000 kg CO2e, with Scope 2 emissions at about 26,031,000 kg CO2e. The company continues to disclose its emissions across all three scopes, demonstrating a commitment to transparency and accountability in its climate strategy. Avis Budget's climate commitments align with industry standards, focusing on significant reductions in emissions while assessing and managing climate-related risks and opportunities. The company's ongoing efforts reflect a proactive approach to sustainability within the transportation sector.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 6,827,371,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 45,043,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 2,270,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Avis Budget is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.