Aircastle Limited, commonly referred to as Aircastle, is a prominent player in the aviation industry, headquartered in the financial hub of P.K. Established in 2004, the company has rapidly evolved into a leading aircraft leasing firm, specialising in the acquisition, leasing, and management of commercial jet aircraft. With a diverse portfolio that includes a wide range of aircraft types, Aircastle serves major operational regions across North America, Europe, and Asia. The company distinguishes itself through its commitment to providing flexible leasing solutions tailored to the needs of airlines worldwide. Aircastle's strategic focus on maintaining a modern fleet has positioned it as a trusted partner in the aviation sector. Notable achievements include a robust market presence and a reputation for reliability, making Aircastle a key player in the global aircraft leasing landscape.
How does Aircastle'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 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.
Aircastle's score of 10 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Aircastle reported total carbon emissions of approximately 8,800,000 kg CO2e, comprising 882,000 kg CO2e from Scope 1, 68,000 kg CO2e from Scope 2, and a significant 6,646,525,000 kg CO2e from Scope 3 emissions. This marked a notable increase in Scope 1 emissions from 1,548,000 kg CO2e in 2022, while Scope 2 emissions rose slightly from 61,000 kg CO2e. The Scope 3 emissions also saw an increase from 5,754,900,000 kg CO2e in the previous year. In 2022, Aircastle's total emissions were approximately 7,800,000 kg CO2e, with Scope 1 emissions at 1,548,000 kg CO2e, Scope 2 at 61,000 kg CO2e, and Scope 3 at 5,754,900,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives, indicating a lack of formal commitments to reduce emissions at this time. Overall, Aircastle's emissions profile highlights the significant impact of Scope 3 emissions, which primarily stem from upstream leased assets, business travel, and employee commuting. The absence of defined reduction targets suggests that the company may need to enhance its climate commitments to align with industry standards and expectations.
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Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 790,000 | 0,000,000 | 000,000 |
Scope 2 | 60,000 | 00,000 | 00,000 |
Scope 3 | 4,200,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Aircastle is not committed to any reduction initiatives 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.