SMBC Aviation Capital, a leading aircraft leasing company headquartered in Ireland (IE), has established itself as a key player in the global aviation finance industry since its inception in 2007. With a strong presence in major operational regions including Europe, Asia, and the Americas, the company focuses on providing comprehensive leasing solutions to airlines worldwide. Specialising in the acquisition and management of commercial aircraft, SMBC Aviation Capital offers a diverse portfolio of services that cater to the evolving needs of the aviation sector. The company is recognised for its commitment to customer service and innovative financing options, which set it apart in a competitive market. With a fleet of over 400 aircraft and a reputation for reliability, SMBC Aviation Capital continues to achieve significant milestones, solidifying its position as a trusted partner in the aviation industry.
How does SMBC Aviation Capital'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.
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.
SMBC Aviation Capital's score of 18 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, SMBC Aviation Capital reported total carbon emissions of approximately 5,057,000 kg CO2e. This figure includes 885,000 kg CO2e from Scope 1 emissions, 118,000 kg CO2e from Scope 2 emissions, and a significant 4,054,000 kg CO2e from Scope 3 emissions, which primarily stem from downstream leased assets amounting to 11,129,444,000 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 3,840,000 kg CO2e, with Scope 1 emissions at 845,000 kg CO2e, Scope 2 at 38,000 kg CO2e, and Scope 3 at 2,957,000 kg CO2e. This indicates an increase in total emissions year-on-year, highlighting the challenges faced in reducing carbon footprints within the aviation sector. SMBC Aviation Capital has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for enhanced climate commitments in line with industry standards. The emissions data is not cascaded from any parent organization, indicating that the figures are independently reported by SMBC Aviation Capital Limited. The company operates from its headquarters in Ireland (IE) and continues to navigate the complexities of carbon emissions in the aviation finance industry.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 856,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 36,000 | 00,000 | 00,000 | 000,000 |
| Scope 3 | 6,241,000 | 0,000,000 | 0,000,000 | 0,000,000 |
SMBC Aviation Capital's Scope 3 emissions, which increased by 37% last year and decreased by approximately 35% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Downstream Leased Assets" representing nearly all of their reported Scope 3 footprint.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
SMBC Aviation Capital has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
