Avolon
Avolon, officially known as Avolon Aerospace Leasing Limited, is a leading aircraft leasing company headquartered in Ireland (IE). Founded in 2010, Avolon has rapidly established itself as a key player in the aviation industry, specialising in the leasing and management of commercial aircraft. With a strong operational presence across major regions including North America, Europe, and Asia, Avolon offers a diverse portfolio of services tailored to meet the needs of airlines worldwide. The company’s core offerings include operating leases, finance leases, and asset management services, distinguished by their commitment to customer-centric solutions and innovative financing structures. Avolon has achieved significant milestones, including a robust fleet of over 500 aircraft, positioning it among the top aircraft lessors globally. With a focus on sustainability and efficiency, Avolon continues to lead the way in the evolving landscape of aviation finance.
DitchCarbon Score
How does Avolon'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.
Industry Average
Mean score of companies in the Air Transport 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.
Industry Benchmark
Avolon's score of 16 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Avolon's reported carbon emissions
In 2023, Avolon reported total carbon emissions of approximately 16,014,162,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99% of their total emissions. Specifically, Scope 1 emissions were approximately 184,000 kg CO2e, and Scope 2 emissions were around 43,000 kg CO2e. Over the years, Avolon has shown a trend of fluctuating emissions. In 2022, their total emissions were about 12,733,242,000 kg CO2e, with Scope 1 and 2 emissions at approximately 278,000 kg CO2e and 66,000 kg CO2e, respectively. The company’s Scope 3 emissions have consistently been the largest portion of their carbon footprint, with figures reaching approximately 18,095,225,000 kg CO2e in 2019. Despite these figures, Avolon has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon emissions. The absence of documented reduction commitments suggests a need for further transparency regarding their climate strategy and long-term sustainability goals. Overall, Avolon's emissions profile highlights the significant impact of their operational activities, particularly in the realm of business travel and upstream leased assets, underscoring the importance of addressing Scope 3 emissions in their climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 340,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 94,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 18,095,225,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Avolon is not committed to any reduction initiatives 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.
