Aircastle Sustainability Profile
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.
DitchCarbon Score
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.
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
Aircastle's score of 17 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aircastle's reported carbon emissions
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% of the total. Specifically, Scope 1 emissions were recorded at 882,000 kg CO2e, while Scope 2 emissions totalled 68,000 kg CO2e. The Scope 3 emissions included 364,000 kg CO2e from business travel and 58,000 kg CO2e from employee commuting, alongside a substantial 6,646,525,000 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. The data indicates a notable increase in Scope 3 emissions from 2022 to 2023. Aircastle has not set specific reduction targets or climate pledges, and there are no documented initiatives aimed at reducing emissions. The emissions data is cascaded from its parent company, Aircastle Limited, reflecting the broader corporate family's performance in sustainability. Overall, Aircastle's emissions profile highlights the significant impact of Scope 3 emissions, particularly from upstream leased assets, underscoring the need for comprehensive strategies to address carbon footprints across all scopes.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 790,000 | 0,000,000 | 000,000 |
| Scope 2 | 60,000 | 00,000 | 00,000 |
| Scope 3 | 111,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Aircastle's Industry?
How Carbon Intensive is Aircastle's Location?
Aircastle's Scope 3 Categories Breakdown
Aircastle's Scope 3 emissions, which increased by 16% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Upstream Leased Assets" being the largest emissions source at 101% of Scope 3 emissions.
Top Scope 3 Categories
Aircastle's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Aircastle has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
