Avis Budget Sustainability Profile
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 39 is higher than 58% 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 and 37,296,000 kg CO2e from Scope 2. Additionally, Scope 3 emissions included 1,330,000 kg CO2e from business travel and 14,566,000 kg CO2e from waste generated in operations. This data reflects a commitment to transparency in emissions reporting, with disclosures across all three scopes. The company has set an ambitious target to reduce absolute Scope 1 and 2 GHG emissions by 30% from a 2018 baseline by the year 2030. As of the end of 2022, Avis Budget achieved a 17% reduction in these emissions, demonstrating progress towards its long-term climate goals. The impacts of COVID-19, including a reduction in fleet size, contributed to a notable 28% decrease in Scope 1 and 2 emissions since 2018. Avis Budget's emissions data is sourced from its parent company, Avis Budget Group, Inc., ensuring consistency and reliability in its climate commitments. The company continues to assess and manage climate-related risks and opportunities, reinforcing its dedication to sustainability within the automotive rental industry.
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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 |
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Avis Budget's Scope 3 Categories Breakdown
Avis Budget's Scope 3 emissions, which decreased by 11% last year and increased by approximately 24% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Waste Generated in Operations" being the largest emissions source at 92% of Scope 3 emissions.
Top Scope 3 Categories
Avis Budget'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.
Avis Budget 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.
