Iberia

Iberia's reported carbon emissions

In 2024, Iberia's carbon emissions totalled approximately 17,822,000 kg CO2e, a decrease from about 19,789,000 kg CO2e in 2023 and 20,810,000 kg CO2e in 2022. The emissions reported are solely from Scope 1, which includes direct emissions from owned or controlled sources. The company has not disclosed Scope 2 or Scope 3 emissions data, indicating potential gaps in their overall emissions reporting. Iberia is committed to achieving net-zero emissions across its network by 2025, with plans to invest over 100 million euros in various initiatives. These initiatives include electrifying more than 80% of their equipment and adopting alternative fuels such as Hydrotreated Vegetable Oil (HVO), which can lead to a 100% reduction in equipment emissions. Additionally, Iberia has set long-term targets through the Science Based Targets initiative (SBTi) to reduce emissions across all scopes by 2050. This commitment reflects their alignment with global climate goals, although specific reduction percentages have not been disclosed. The emissions data for Iberia is cascaded from its parent company, Iberia LAE SA, which is responsible for the overall corporate climate strategy. This relationship underscores Iberia's integration into broader sustainability efforts within its corporate family.