American Airlines Group Inc

Airlines
AAL
$ 18 6.3
Share price
$ 11 bn
Market Cap
$ 46 bn
Enterprise Value

Carbon footprint

440 Ton
GHG emissions per $ 1 mln investment
16x the weighted average for S&P 500
FY2020
How is this calculated?
-52%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-3.3%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2021
How is this calculated?

American Airlines Group Inc aims to achieve net zero for all Scopes by 2050


This target has not been verified as science based according to SBTi
American Airlines Group Inc's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

American Airlines Group Inc's GHG emissions (market-based) (Kt of CO2e)
American Airlines Group Inc's Carbon intensity (Tons per 1 USDm)

American Airlines Group Inc's carbon footprint

American Airlines Group Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 20,070 Kt (-21,347 /-51.5% y-o-y). At the same time, carbon intensity soared to 1,158 t (+253/+28% y-o-y).

American Airlines Group Inc's Scope 3 emissions plummeted to 9,674 Kt (-12,368 /-56.1% y-o-y). The time series has been volatile over the last few periods.

The company is committed to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -991 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.

American Airlines Group Inc also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. American Airlines Group Inc. commits to reduce well-to-wake GHG emissions related to jet fuel 45% per revenue ton kilometer from owned and subcontracted operations by 2035 from a 2019 base year. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks. **Non-CO2e effects which may also contribute to aviation induced warming are not included in this target. American Airlines Inc. commits to report publicly on its collaboration with stakeholders to improve understanding of opportunities to mitigate the non-CO2e impacts of aviation annually over its target timeframe. American Airlines Group Inc. also commits to reduce absolute scope 2 GHG emissions by 40% over the same target timeframe

Company environmental metrics

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