Avolon

Avolon's reported carbon emissions

Avolon, headquartered in Ireland and operating in air transport services, has provided carbon emissions data for the years 2019 through 2023. For 2023, the company reported total emissions of approximately 16.19 billion kg CO2e. This figure comprises Scope 1 emissions of about 184,000 kg CO2e, Scope 2 emissions of approximately 43,000 kg CO2e, and substantial Scope 3 emissions of around 16.01 billion kg CO2e. The primary contributor to its Scope 3 emissions in 2023 was upstream leased assets, accounting for approximately 14.83 billion kg CO2e. In 2022, Avolon's total emissions were approximately 12.73 billion kg CO2e, with Scope 1 at about 278,000 kg CO2e, Scope 2 at approximately 66,000 kg CO2e, and Scope 3 at around 12.73 billion kg CO2e, of which upstream leased assets represented about 11.58 billion kg CO2e. The previous year, 2021, saw total emissions of roughly 9.67 billion kg CO2e, with Scope 1 at approximately 307,000 kg CO2e, Scope 2 at about 73,000 kg CO2e, and Scope 3 at around 9.67 billion kg CO2e, again with upstream leased assets being the largest component at about 8.75 billion kg CO2e. For 2020, Avolon reported total emissions of approximately 7.85 billion kg CO2e, broken down into Scope 1 emissions of about 357,000 kg CO2e, Scope 2 emissions of approximately 78,000 kg CO2e, and Scope 3 emissions of around 7.85 billion kg CO2e, with upstream leased assets contributing approximately 6.95 billion kg CO2e. In 2019, total emissions stood at approximately 18.10 billion kg CO2e. This included Scope 1 emissions of about 340,000 kg CO2e, Scope 2 emissions of approximately 94,000 kg CO2e, and Scope 3 emissions of around 18.10 billion kg CO2e, with upstream leased assets representing approximately 15.90 billion kg CO2e. Avolon's emissions data is cascaded from Avolon Holdings Limited, reflecting its current subsidiary status. The company's reporting acknowledges missing data points in several Scope 3 categories, including purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution. Avolon also publishes a CO2 emissions per seat kilometre metric, which was 0.0215 kg CO2e per seat-km in 2023. While specific reduction targets are not detailed in the provided information, the company participates in industry-wide climate initiatives through its parent, Avolon Holdings Limited. Its climate commitments are further informed by CDP data cascaded from Bohai Leasing Co., Ltd.