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 23 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 significant contributions from Scope 3 emissions, which accounted for about 99% of the total. Specifically, Scope 1 emissions were recorded at 184,000 kg CO2e, while Scope 2 emissions totalled 43,000 kg CO2e, all from purchased electricity. Comparatively, in 2022, Avolon's emissions were approximately 12,733,242,000 kg CO2e, with Scope 1 at 278,000 kg CO2e and Scope 2 at 66,000 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023, particularly in Scope 3, which rose significantly. Avolon operates as a current subsidiary of Avolon Holdings Limited, with emissions data cascaded from this parent company. The company does not currently have specific reduction targets or initiatives outlined in its climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) at this time. Overall, Avolon's emissions profile highlights the challenges faced in managing carbon outputs, particularly in the aviation leasing sector, where Scope 3 emissions often dominate.
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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 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.
