Airport Services / Highways & Railtracks
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Share price
$ - bn
Market Cap
$ - bn
Enterprise Value

Carbon footprint

YOY change in GHG emissions
In line with the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)
How is this calculated?

Atlantia aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
Atlantia's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Atlantia's GHG emissions (market-based) (Kt of CO2e)
Atlantia's Carbon intensity (Tons per 1 USDm)

Atlantia's carbon footprint

Atlantia reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 187 Kt (-29 /-13.5% y-o-y). Also positively, carbon intensity plummeted to 22 t (-9.4 /-29.8% y-o-y).

Atlantia's Scope 3 emissions decreased to 1,004 Kt (-203 /-16.8% y-o-y). This is broadly in line with the declining trend (CAGR -17.9%) since 4Q'19.

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Atlantia aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2040. 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.

Company environmental metrics

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