Public Profile

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.

21

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.

11

Industry Benchmark

Avolon's score of 21 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

83%

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Avolon's reported carbon emissions

In 2023, Avolon reported total carbon emissions of approximately 16,014,162,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 184,000 kg CO2e, while Scope 2 emissions totalled approximately 43,000 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for about 16,014,162,000 kg CO2e, primarily from upstream leased assets and business travel. In the previous years, Avolon's emissions have shown fluctuations. In 2022, the company emitted around 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 trend continued with 2021 emissions of about 9,671,315,000 kg CO2e, 307,000 kg CO2e for Scope 1, and 73,000 kg CO2e for Scope 2. Despite these figures, Avolon has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the aviation leasing sector, particularly as global pressure mounts for companies to address climate change proactively. Avolon is headquartered in Ireland (IE) and operates within an industry increasingly focused on sustainability and carbon neutrality.

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20192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Avolon's primary industry is Air transport services (62), which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Avolon is in IE, which has a low grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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