Fctg

Flight Centre Travel Group (FCTG), headquartered in Australia and operating in supporting and auxiliary transport services and travel agency services (63), has reported its greenhouse gas emissions and outlined significant climate commitments.

Carbon Emissions Data:

• 2024: FCTG reported Scope 1 emissions of approximately 20.2 million kg CO2e and Scope 2 emissions of about 10.9 million kg CO2e. Scope 3 emissions, primarily from the use of sold products, were approximately 20.5 billion kg CO2e.
• 2023: Scope 1 emissions were around 22.6 million kg CO2e, with Scope 2 emissions at approximately 9.3 million kg CO2e. Scope 3 emissions from the use of sold products were approximately 19.1 billion kg CO2e.
• 2019: Scope 1 emissions stood at about 52.5 million kg CO2e and Scope 2 emissions at approximately 21.4 million kg CO2e. Scope 3 emissions from the use of sold products were around 20.5 billion kg CO2e.

Climate Commitments and Reduction Targets:

FCTG is committed to ambitious climate action, aiming to achieve net-zero emissions by 2050.

• Near-Term Target: The company aims to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 46.2% by 2030, using 2019 as the baseline year. They have indicated they are on track for this target over a two-year period as of their latest reporting.
• Net Zero Goal: FCTG has a long-term objective to reach net zero emissions by 2050, also based on a 2019 baseline year. They anticipate their Science Based Targets initiative (SBTi) targets will be validated during 2024. Notably, they have advanced their objective to reach carbon neutrality by 2025, a revision from their original 2030 target.

The company's emissions data and reduction initiatives are internally sourced from Flight Centre Travel Group Limited.