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
-15%
Primary Climate Goal
-3.4%
Meggitt aims to achieve net zero for Scope 1 + 2 by 2050
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
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.
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