Aircastle Limited, commonly referred to as Aircastle, is a prominent player in the aviation industry, headquartered in the financial hub of P.K. Established in 2004, the company has rapidly evolved into a leading aircraft leasing firm, specialising in the acquisition, leasing, and management of commercial jet aircraft. With a diverse portfolio that includes a wide range of aircraft types, Aircastle serves major operational regions across North America, Europe, and Asia. The company distinguishes itself through its commitment to providing flexible leasing solutions tailored to the needs of airlines worldwide. Aircastle's strategic focus on maintaining a modern fleet has positioned it as a trusted partner in the aviation sector. Notable achievements include a robust market presence and a reputation for reliability, making Aircastle a key player in the global aircraft leasing landscape.
How does Aircastle'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 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.
Aircastle's score of 17 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Aircastle reported total carbon emissions of approximately 6,590,295,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99.5% of the total. Specifically, Scope 1 emissions were recorded at 882,000 kg CO2e, while Scope 2 emissions totalled 68,000 kg CO2e. The breakdown of Scope 3 emissions included 364,000 kg CO2e from business travel, 58,000 kg CO2e from employee commuting, and 56,230,000 kg CO2e from upstream leased assets. Comparatively, in 2022, Aircastle's emissions were approximately 5,700,426,000 kg CO2e, with Scope 1 emissions at 1,548,000 kg CO2e and Scope 2 emissions at 61,000 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023, particularly in Scope 3. Aircastle has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, Aircastle Limited, reflecting the broader corporate family's performance in emissions reporting. Overall, while Aircastle has made strides in transparency regarding its emissions, the lack of defined reduction strategies highlights an area for potential improvement in its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 790,000 | 0,000,000 | 000,000 |
Scope 2 | 60,000 | 00,000 | 00,000 |
Scope 3 | - | 0,000,000,000 | 0,000,000,000 |
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.
Aircastle 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.