Amadeus IT Group

Amadeus IT Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 15 Kt (-5 /-24.9% y-o-y). At the same time, carbon intensity rose to 5.9 t (+2.7/+84% y-o-y).

Amadeus IT Group's Scope 3 emissions plummeted to 2.9 Kt (-4.5 /-61.1% y-o-y). The decline accelerated compared to the CAGR of -32.7% since 4Q'18.

The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2050, which translates into the estimated reduction of -0.5 Kt per annum over the period of FY2021 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Amadeus IT Group aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2050. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.