Avolon
Avolon, officially known as Avolon Aerospace Leasing Limited, is a leading aircraft leasing company headquartered in Ireland (IE). Founded in 2010, Avolon has rapidly established itself as a key player in the aviation industry, specialising in the leasing and management of commercial aircraft. With a strong operational presence across major regions including North America, Europe, and Asia, Avolon offers a diverse portfolio of services tailored to meet the needs of airlines worldwide. The company’s core offerings include operating leases, finance leases, and asset management services, distinguished by their commitment to customer-centric solutions and innovative financing structures. Avolon has achieved significant milestones, including a robust fleet of over 500 aircraft, positioning it among the top aircraft lessors globally. With a focus on sustainability and efficiency, Avolon continues to lead the way in the evolving landscape of aviation finance.
DitchCarbon Score
How does Avolon'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.
Industry Average
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.
Industry Benchmark
Avolon's score of 16 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Avolon's reported carbon emissions
In 2023, Avolon reported total carbon emissions of approximately 16,014,162,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99% of their total emissions. Specifically, Scope 1 emissions were approximately 184,000 kg CO2e, and Scope 2 emissions were around 43,000 kg CO2e. Over the years, Avolon has shown a trend of decreasing emissions in Scope 1 and Scope 2. For instance, Scope 1 emissions decreased from about 340,000 kg CO2e in 2019 to 184,000 kg CO2e in 2023, while Scope 2 emissions fell from approximately 94,000 kg CO2e in 2019 to 43,000 kg CO2e in 2023. However, Scope 3 emissions have fluctuated, peaking at about 18,095,225,000 kg CO2e in 2019 and then decreasing to approximately 12,733,242,000 kg CO2e in 2022 before rising again in 2023. Despite these reductions in Scope 1 and 2 emissions, Avolon has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the aviation sector, which is under increasing scrutiny for its environmental impact, highlighting the importance of robust climate commitments moving forward.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 340,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 94,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 18,095,225,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Avolon 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.
