Haeco, officially known as Hong Kong Aircraft Engineering Company Limited, is a leading player in the aviation maintenance, repair, and overhaul (MRO) industry. Headquartered in Hong Kong, Haeco operates extensively across Asia, with significant facilities in mainland China and the Americas. Founded in 1950, the company has achieved numerous milestones, establishing itself as a trusted partner for airlines worldwide.
Haeco offers a comprehensive range of services, including airframe maintenance, component repair, and engineering solutions, distinguished by its commitment to quality and innovation. The company is recognised for its advanced capabilities in aircraft modifications and retrofitting, catering to the evolving needs of the aviation sector. With a strong market position, Haeco continues to excel, contributing to the safety and efficiency of air travel globally.
-8 vs industry average
Haeco’s score of 9 is lower than 38% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Air Transport is among the most carbon-intensive industries
Industry performance
The Air Transport industry has reduced its overall emissions by 32% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Haeco's reported carbon emissions
In 2024, Haeco reported approximately 56.9 million kg CO2e in combined Scope 1 and Scope 2 emissions. This figure reflects a commitment to reducing carbon emissions, as the company is part of the HKIA 2050 Net Zero Carbon Pledge, aiming for net-zero emissions by 2050. In 2022, Haeco's total emissions were approximately 70.0 million kg CO2e, with Scope 1 emissions at about 15.2 million kg CO2e, Scope 2 emissions at approximately 43.5 million kg CO2e, and Scope 3 emissions at around 12.3 million kg CO2e. This data is cascaded from the Hong Kong Aircraft Engineering Company Limited, which serves as the parent organization. Haeco's emissions have shown fluctuations over the years, with a total of approximately 109.1 million kg CO2e in 2018, indicating a significant reduction in emissions in subsequent years. The company is actively working towards its long-term climate commitments, focusing on sustainable practices and renewable energy initiatives, including the expansion of solar photovoltaic systems to enhance electricity output at its facilities in Hong Kong. Overall, Haeco's climate strategy is aligned with industry standards, demonstrating a proactive approach to managing and reducing carbon emissions across all scopes.
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Haeco’s Climate Goals (2030 & 2050)
1 goal2050
HAECO is committed to the HKIA 2050 Net Zero Carbon Pledge
HAECO is committed to the HKIA 2050 Net Zero Carbon Pledge
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Haeco
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