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 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.
Industry Benchmark
Avolon's score of 21 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Avolon's reported carbon emissions
In 2023, Avolon reported total carbon emissions of approximately 16,141,620,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for the vast majority of their footprint. Specifically, Scope 1 emissions were about 184,000 kg CO2e, and Scope 2 emissions totalled approximately 43,000 kg CO2e. Over the previous years, Avolon has shown a trend in emissions, with Scope 1 emissions decreasing from about 278,000 kg CO2e in 2022 and 307,000 kg CO2e in 2021, while Scope 2 emissions also saw a reduction from approximately 66,000 kg CO2e in 2022 and 73,000 kg CO2e in 2021. However, Scope 3 emissions have fluctuated, with 2022 reporting approximately 12,733,242,000 kg CO2e and 2021 at about 9,671,315,000 kg CO2e. Despite these figures, Avolon has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other 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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| 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 participating in any of the initiatives that 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.
