Southwest Airlines Co

Airlines

LUV

$ 36 1.5

Share price

$ 22 bn

Market Cap

$ 18 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

23x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -6.6% weighted average for S&P 500

FY2022

Southwest Airlines Co 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

Southwest Airlines Co reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 16,386 Kt (+3,756/+30% y-o-y). Carbon intensity also took off to 1,396 t (+478/+52% y-o-y).

No public disclosure of Scope 3 emissions has been found for Southwest Airlines Co at the moment.

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -565 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.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	16,386	16,351	35
2020Q4	12,630	12,592	38	9,048	1,396
2019Q4	20,577	20,532	45	22,428	918
2018Q4	20,585	20,538	47	21,965	937
2017Q4	20,201	20,149	52	21,146	955
2016Q4	19,718	19,665	53	20,425	965
2015Q4	18,780	18,731	49	19,820	948
2014Q4	17,835	17,784	51	18,605	959

Southwest Airlines Co

Carbon footprint

Primary Climate Goal

Southwest Airlines Co aims to achieve net zero for Scope 1 + 2 by 2050

GHG emissions and Carbon intensity

Southwest Airlines Co's carbon footprint

Company environmental metrics