Virgin Australia
Virgin Australia, officially known as Virgin Australia Airlines, is a prominent player in the aviation industry, headquartered in Brisbane, Australia. Founded in 2000, the airline has evolved significantly, establishing itself as a key provider of domestic and international air travel services.
Specialising in passenger and cargo transport, Virgin Australia is recognised for its commitment to customer service and innovative travel solutions. The airline operates across major regions in Australia and offers a range of unique services, including a loyalty program that enhances the travel experience for frequent flyers.
With a strong market position, Virgin Australia has achieved notable milestones, including expanding its fleet and network, making it a competitive alternative in the Australian aviation landscape. Its focus on quality and reliability continues to set it apart in the industry.
+6 vs industry average
Virgin Australia’s score of 12 is higher than 53% 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
Additive and Blending Components is among the most carbon-intensive industries
Industry performance
The Additive and Blending Components industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Virgin Australia's reported carbon emissions
Virgin Australia, headquartered in Australia and operating within the Additives/Blending Components industry, has reported its carbon emissions data for several fiscal years.
For Fiscal Year 2024, the airline's total reported emissions were approximately 3.64 billion kilograms of CO2e (kg CO2e). This figure comprises approximately 2.48 billion kg CO2e for Scope 1, approximately 7.09 million kg CO2e for Scope 2 (market-based), and approximately 1.15 billion kg CO2e for Scope 3.
In Fiscal Year 2023, Virgin Australia's total emissions were approximately 3.05 billion kg CO2e. This included approximately 2.27 billion kg CO2e for Scope 1 and approximately 1.10 billion kg CO2e for Scope 3 emissions. Scope 2 emissions for this year were approximately 2.29 million kg CO2e (location-based).
For Fiscal Year 2022, total emissions stood at approximately 1.47 billion kg CO2e, with Scope 1 emissions accounting for approximately 1.30 billion kg CO2e and Scope 3 emissions at approximately 153.70 million kg CO2e. Scope 2 emissions were approximately 2.83 million kg CO2e (location-based).
Earlier reporting indicates Scope 1 and Scope 2 emissions for FY2019 amounted to approximately 2.63 billion kg CO2e and approximately 4.88 million kg CO2e, respectively.
While specific reduction targets and achievements are not detailed in the provided information, Virgin Australia's sustainability reporting highlights its commitment to addressing climate change. The company has obtained Climate Active certification, indicating a commitment to carbon neutrality. However, no specific SBTi (Science Based Targets initiative) reduction targets have been disclosed. The data is not cascaded from a parent organisation, with emissions sourced directly from Virgin Australia Holdings Pty Limited.
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Virgin Australia’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Virgin Australia yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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