- Aircraft availability challenges
- Increased airline switching activity
- Price-sensitive and well-informed passengers
- Increased competition between airports to attract routes
- Macroeconomic climate impacted by geopolitical events
- Long-standing issues of Cyprus as a tourism destination
Hermes Airports Ltd
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 737 tCO2e; Scope 2: 13.0K tCO2e (market-based); Scope 3: 814.7K 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.
Renewable Energy
28% (estimated)
of total energy
Waste
2.0K : 2023 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). | 737 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 13.0K tCO2e (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 814.7K 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 |
|---|---|
| 2021 | 14.2K tCO2e (estimated) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduction in Scope 1 emissions compared to 2022 (4.4% at Pafos, 6.5% at Larnaca)
- Reduction of Scope 2 Gross Location-based emissions
- Reduction in Scope 1 emissions relating to ozone-depleting substances (refrigerant gases) compared to 2022
- Recycling of 885 tons of operational waste
- Construction of two solar power plants, resulting in a total reduction of 1,219 tons of CO2 emissions
🎯 Climate & Sustainability Targets
📅 Medium-term
- Achieve 100% green power utilization (subject to regulations) by 2030
🔭 Long-term
- Net Zero carbon emissions by 2050
🌱 ESG Focus Areas
EnvironmentPeopleEconomy