BAE Systems

Aerospace & Defense
BA.L
GBX 807 1.1
Share price
$ 30 bn
Market Cap
$ 37 bn
Enterprise Value

Carbon footprint

11 Ton
GHG emissions per $ 1 mln investment
0.31x the weighted average for S&P 500
FY2021
How is this calculated?
-16%
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-11%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

BAE Systems aims to achieve net zero for Scope 1 + 2 by 2030


This target has not been verified as science based according to SBTi
BAE Systems's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (Scope 3)
Weaker than the -6.1% weighted average for S&P 500
FY2022
How is this calculated?

BAE Systems aims to achieve net zero for Scope 3 by 2050


This target has not been verified as science based according to SBTi
BAE Systems's actual and proj. GHG emissions (Scope 3) (Kt of CO2e)

GHG emissions and Carbon intensity

BAE Systems's GHG emissions (location-based) (Kt of CO2e)

BAE Systems's carbon footprint

BAE Systems reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 411 Kt (-76 /-15.7% y-o-y).

BAE Systems's Scope 3 emissions declined to 24 Kt (-31 /-56% y-o-y). This is a higher rate of decline than over the period since 3Q'18 (-36.8% CAGR).

The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -46 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for Scope 3 by 2050, which translates into the estimated reduction of -0.83 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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