- Indirect physical risks from severe weather events impacting air travel demand.
- Indirect transition risks from stricter emission limits and public preference for less carbon-intensive travel.
- Supply chain constraints impacting access to efficient aircraft.
- Growing public scrutiny over social aspects of airlines' behavior.
AerCap Holdings N.V.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, AerCap Holdings N.V. disclosed greenhouse gas emissions of 44.4M tCO2e (Scope 1 2 & 3). By scope: Scope 1: 4.0K tCO2e; Scope 2: 166 tCO2e; Scope 3: 44.4M tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
44.4M tCO2e (Scope 1 2 & 3)
2023
Renewable Energy
~49% (offices)
of total energy
Water Usage
~12,200 m3
2023
Waste
~82 tons
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 4.0K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 166 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 44.4M tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 44.4M tCO2e (Scope 1 2 & 3) |
| 2022 | 38.4M tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Improved Scope 3 emissions intensity, achieving a 15% reduction in gCO2 per seat/km across the entire fleet in the last decade despite doubling in size through M&A.
- ~70% of owned commercial aircraft fleet consisted of new technology aircraft by the end of 2023.
- Purchased 80 new technology aircraft and sold 74 older technology aircraft in 2023.
- ~49% of electricity usage across global offices in 2023 was from renewable sources.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Transitioning commercial aircraft fleet to ~75% new technology by 2024.
🔭 Long-term
- Supporting Net-Zero Aviation by 2050.
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionGovernanceCommunity EngagementSustainable Aviation Fuel (SAF)