Avis Budget
Avis Budget Group, Inc., headquartered in the United States, is a leading player in the car rental industry, renowned for its comprehensive range of mobility solutions. Founded in 1946, the company operates under well-known brands such as Avis, Budget, and Zipcar, serving customers across North America, Europe, and Asia-Pacific. With a focus on both leisure and business travel, Avis Budget offers a diverse fleet of vehicles, including economy cars, luxury vehicles, and SUVs, catering to various customer needs. The company is distinguished by its commitment to innovation, exemplified by its user-friendly mobile app and flexible rental options. As a prominent entity in the car rental market, Avis Budget Group has achieved significant milestones, including the expansion of its electric vehicle offerings, positioning itself as a forward-thinking leader in sustainable transportation solutions.
DitchCarbon Score
How does Avis Budget'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 Motor Vehicle Manufacturing 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
Avis Budget's score of 44 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Avis Budget's reported carbon emissions
In 2023, Avis Budget Group reported total greenhouse gas emissions of approximately 6,386,656,000 kg CO2e, comprising 6,349,360,000 kg CO2e from Scope 1, 37,296,000 kg CO2e from Scope 2, and 14,566,000 kg CO2e from Scope 3 emissions related to waste generated in operations and business travel. This marked a significant increase from 2022, where total emissions were about 5,710,637,000 kg CO2e, with Scope 1 emissions at 5,672,858,000 kg CO2e and Scope 2 at 37,779,000 kg CO2e. Avis Budget has set an ambitious target to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 30% from a 2018 baseline by the year 2030. As of the end of 2022, the company achieved a 17% reduction in these emissions, demonstrating progress towards its long-term climate commitments. The reduction initiatives are part of a broader strategy to manage climate-related risks and opportunities while continuing to grow the business. The company’s emissions intensity for Scope 1 and 2 was reported at approximately 0.5322 kg CO2e per USD of revenue in 2023, reflecting its ongoing efforts to improve operational efficiency and reduce carbon output. Avis Budget's commitment to sustainability is further underscored by its focus on reducing emissions associated with its fleet and operations, aligning with industry standards for climate action.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 6,827,371,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 45,043,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Avis Budget 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.
