Aramex

Aramex's reported carbon emissions

Aramex, headquartered in the UAE and operating within the air transport services industry, has outlined significant carbon emissions reduction targets and reported its emissions data. For the reporting year 2024, Aramex reported a total of approximately 727,344,000 kg CO2e. This figure includes Scope 1 emissions of about 59,334,000 kg CO2e, Scope 2 emissions of approximately 39,326,000 kg CO2e, and Scope 3 emissions totalling around 628,684,000 kg CO2e. In 2023, Aramex's total emissions were approximately 669,257,000 kg CO2e, comprising Scope 1 at about 64,414,000 kg CO2e, Scope 2 at roughly 31,008,000 kg CO2e, and Scope 3 at approximately 573,836,000 kg CO2e. Looking back, Aramex reported total emissions of approximately 588,370,000 kg CO2e in 2022, with Scope 1 at around 62,516,000 kg CO2e, Scope 2 at approximately 23,643,000 kg CO2e, and Scope 3 at about 502,210,000 kg CO2e. In 2021, total emissions were approximately 524,332,000 kg CO2e, with Scope 1 at roughly 55,314,000 kg CO2e, Scope 2 at about 27,337,000 kg CO2e, and Scope 3 at approximately 441,682,000 kg CO2e. The company's total emissions in 2020 were approximately 672,655,000 kg CO2e. Prior to this, in 2019, Aramex reported total emissions of approximately 751,017,000 kg CO2e. In 2018, emissions data shows Scope 1 at approximately 49,903,000 kg CO2e, Scope 2 at about 30,911,000 kg CO2e, and Scope 3 at a substantial 1,292,990,000 kg CO2e. For 2017, Scope 1 was approximately 50,005,000 kg CO2e, Scope 2 at about 33,671,000 kg CO2e, and Scope 3 at approximately 1,242,418,000 kg CO2e. In 2016, Scope 1 emissions were around 49,264,000 kg CO2e, Scope 2 at approximately 30,241,000 kg CO2e, and Scope 3 at about 1,148,459,000 kg CO2e. Earlier data from 2012 indicates total emissions of approximately 516,291,000 kg CO2e, with Scope 1 at about 37,100,000 kg CO2e and Scope 2 at approximately 22,885,000 kg CO2e. Aramex has made commitments through the Science Based Targets initiative (SBTi). The company aims to reduce its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2020 as a base year. Additionally, Aramex has committed to reducing its Scope 3 emissions by 26% by 2030, also from a 2020 baseline. The company is working towards achieving Carbon-Neutrality by 2030 and Net-Zero emissions by 2050. It is noted that the company's SBTi commitment was initially signed in 2021. The emissions data for Aramex is cascaded from its parent company, Aramex PJSC, reflecting a subsidiary relationship where the reporting and targets are inherited.