Avolon
Avolon, officially known as Avolon Aerospace Leasing Limited, is a leading aircraft leasing company headquartered in Ireland (IE). Founded in 2010, Avolon has rapidly established itself as a key player in the aviation industry, specialising in the leasing and management of commercial aircraft. With a strong operational presence across major regions including North America, Europe, and Asia, Avolon offers a diverse portfolio of services tailored to meet the needs of airlines worldwide. The company’s core offerings include operating leases, finance leases, and asset management services, distinguished by their commitment to customer-centric solutions and innovative financing structures. Avolon has achieved significant milestones, including a robust fleet of over 500 aircraft, positioning it among the top aircraft lessors globally. With a focus on sustainability and efficiency, Avolon continues to lead the way in the evolving landscape of aviation finance.
DitchCarbon Score
How does Avolon'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
Avolon's score of 26 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Avolon's reported carbon emissions
In 2023, Avolon reported total carbon emissions of approximately 113,430 kg CO2e, with significant contributions from Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions accounted for about 88,790 kg CO2e, while Scope 2 emissions totalled approximately 9,040 kg CO2e, including 43,000 kg CO2e from purchased electricity. Additionally, Scope 3 emissions were reported at about 15,600 kg CO2e, primarily from business travel, which amounted to approximately 4,292,000 kg CO2e. Avolon’s emissions data is cascaded from its parent company, Avolon Holdings Limited, and reflects a commitment to transparency in its climate impact reporting. However, there are currently no specific reduction targets or climate pledges outlined in their sustainability initiatives. The company has not disclosed any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate commitments. Over the past few years, Avolon has seen fluctuations in its emissions. For instance, in 2022, total emissions were approximately 278,000 kg CO2e for Scope 1, 66,000 kg CO2e for Scope 2, and a staggering 12,733,242,000 kg CO2e for Scope 3. This indicates a need for ongoing assessment and potential strategies to mitigate emissions, particularly in Scope 3, which represents a significant portion of their carbon footprint. Overall, Avolon is positioned within the aviation leasing sector, where addressing carbon emissions is increasingly critical. The company’s commitment to understanding and reporting its emissions is a step towards aligning with broader industry sustainability goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 340,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 94,000 | 00,000 | 00,000 | 00,000 | 0,000 |
| Scope 3 | 18,095,225,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000 |
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.
Avolon 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.
