Meggitt

Aerospace & Defense / Defense
MGGT.L
GBX 773 0.05
Share price
$ 7.4 bn
Market Cap
$ 8.4 bn
Enterprise Value

Carbon footprint

9 Ton
GHG emissions per $ 1 mln investment
0.32x the weighted average for S&P 500
FY2021
How is this calculated?
-15%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

Meggitt aims to achieve net zero for Scope 1 + 2 by 2050


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

GHG emissions and Carbon intensity

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

Meggitt's carbon footprint

Meggitt reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 75 Kt (-14 /-15.2% y-o-y). At the same time, carbon intensity grew to 41 t (+2.9/+7.7% y-o-y).

No public disclosure of Scope 3 emissions has been found for Meggitt at the moment.

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -2.6 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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