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 25 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, headquartered in Ireland (IE), reported total carbon emissions of approximately 16,014,162,000 kg CO2e across all scopes. This includes 184,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 43,000 kg CO2e from Scope 2 emissions, related to purchased electricity. Notably, the majority of their emissions, about 16,014,162,000 kg CO2e, fall under Scope 3, which encompasses indirect emissions from the value chain, including business travel, which accounted for 4,292,000 kg CO2e. Comparatively, in 2022, Avolon reported total emissions of approximately 12,733,242,000 kg CO2e, with Scope 1 emissions at 278,000 kg CO2e and Scope 2 emissions at 66,000 kg CO2e. This indicates a significant increase in total emissions from 2022 to 2023. Avolon has not disclosed specific reduction targets or initiatives as part of their climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The emissions data is cascaded from Avolon Holdings Limited, reflecting the broader corporate family’s performance. Overall, Avolon is actively monitoring its carbon footprint but currently lacks defined reduction strategies or commitments to mitigate its environmental impact.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 340,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 94,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 18,095,225,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
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.
