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Aegean Airlines SA

Common Name
Aegean Airlines
Country
Greece
Sector
Financial Services
Industry
Insurance - Diversified
Employees
3,681
Ticker
AEGN
Exchange
Athens Exchange Group
Description
Aegean Airlines S.A. is a prominent airline company based in Greece, known for operating an extensive network of flights across Europe and the Middle East. As Greece's largest airline, Aegean Airlines...

Aegean Airlines's GHG Emissions Data Preview

In 2025, Aegean Airlines completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Aegean Airlines has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
1,443,865.16a
1,412,799.01a
1,341,282b
Total Scope 2
Market-Based
1,390.13a
3,345.47a
1,825b
Location-Based
1,845.77a
4,567.41a
2,492b
Total Scope 3
500,340.67a
467,584.33a
N/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
734.5287a
847.7856a
788.7427b
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Verified Sources Behind Aegean Airlines’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Aegean Airlines's Annual Report 2025
b. Aegean Airlines's Annual Report 2024

Insights into Aegean Airlines's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Aegean Airlines amounted to 1,445,710.93 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Aegean Airlines increased by 2%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Aegean Airlines's Scope 1 Emissions Over Time

2023202420250400 k800 k1.2 M1.6 MtCO2e+5%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Aegean Airlines's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Aegean Airlines were 1,443,865.16 metric tons of CO₂ equivalent (tCO₂e).a

Has Aegean Airlines reduced its Scope 1 emissions over time?

Since 2023, Aegean Airlines's Scope 1 emissions have increased by 7.65%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), Aegean Airlines's Scope 1 emissions increased by 2.2%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Aegean Airlines's Scope 2 emissions?

In 2025, Aegean Airlines reported Scope 2 greenhouse gas (GHG) emissions of 1,390.13 tCO₂e using the market-based method and 1,845.77 tCO₂e using the location-based method.a

Has Aegean Airlines reduced its Scope 2 emissions over time?

Since 2023, Aegean Airlines's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 25.93%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2024), Aegean Airlines's Scope 2 emissions (Location-Based) fell by 59.59% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Aegean Airlines use for Scope 2 reporting?

In 2025, Aegean Airlines reported its Scope 2 emissions using the market-based method and using the location-based method.a

Aegean Airlines's Scope 2 Emissions Over Time

20232024202501.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Aegean Airlines's Value Chain Emissions

In 2025, Aegean Airlines reported 500,340.67 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Aegean Airlines includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Aegean Airlines's Scope 3 Emissions Over Time

202420250150 k300 k450 k600 ktCO2e+7%
  • Total Scope 3
  • Year-over-Year Change

What are Aegean Airlines's Scope 3 emissions?

In 2025, Aegean Airlines reported total Scope 3 emissions of 500,340.67 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 99.95% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.05% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2024), Aegean Airlines's Scope 3 emissions remained relatively stable, indicating that Aegean Airlines's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Aegean Airlines disclose?

In 2025, Aegean Airlines reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Aegean Airlines's Scope 3 emissions?

In 2025, the largest contributors to Aegean Airlines's Scope 3 emissions were:a

  • Fuel- and Energy-Related Services (Cat. 3): 306,378.74 tCO₂e (61.23%)
  • Purchased Goods and Services (Cat. 1): 167,372.87 tCO₂e (33.45%)
  • Capital Goods (Cat. 2): 13,798.18 tCO₂e (2.76%)

Aegean Airlines's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(2.8%)Purchased Goods andServices (Cat. 1)(33.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(61.2%)

Insights into Aegean Airlines’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Aegean Airlines reported Scope 1 greenhouse gas (GHG) emissions of 1,443,865.16 tCO₂e and total revenues of USD 1,966 millions. This translates into an emissions intensity of 734.53 tCO₂e per millions USD.a

Aegean Airlines's Scope 1 Emissions Intensity Compared to Peers

2050010,000200,0005,000,000Scope 1 Emissions (tCO2e)1001,0005,00050,000500,000Revenues (Millions of USD)Helvetia Baloise HoldingYear: 2024Scope 1: 8,631 tCO2eRevenue: $M 12,396Scope 1 Intensity: 0.70 tCO2e/$MAvivaYear: 2024Scope 1: 7,437 tCO2eRevenue: $M 50,081Scope 1 Intensity: 0.15 tCO2e/$MSampo OyjYear: 2024Scope 1: 883 tCO2eRevenue: $M 9,933Scope 1 Intensity: 0.09 tCO2e/$MSwiss Life HoldingYear: 2024Scope 1: 5,842 tCO2eRevenue: $M 20,527Scope 1 Intensity: 0.28 tCO2e/$MTalanxYear: 2024Scope 1: 13,090 tCO2eRevenue: $M 26,617Scope 1 Intensity: 0.49 tCO2e/$MArch Capital GroupYear: 2024Scope 1: 2,252 tCO2eRevenue: $M 16,932Scope 1 Intensity: 0.13 tCO2e/$MHartford Insurance GroupYear: 2024Scope 1: 5,981 tCO2eRevenue: $M 26,383Scope 1 Intensity: 0.23 tCO2e/$MAmerican International GroupYear: 2024Scope 1: 8,258 tCO2eRevenue: $M 27,272Scope 1 Intensity: 0.30 tCO2e/$MSun Life FinancialYear: 2024Scope 1: 45,601 tCO2eRevenue: $M 23,972Scope 1 Intensity: 1.90 tCO2e/$MAssicurazioni GeneraliYear: 2025Scope 1: 58,719 tCO2eRevenue: $M 87,159Scope 1 Intensity: 0.67 tCO2e/$MAXAYear: 2024Scope 1: 21,054 tCO2eRevenue: $M 107,473Scope 1 Intensity: 0.20 tCO2e/$MZurich Insurance GroupYear: 2023Scope 1: 17,865 tCO2eRevenue: $M 60,091Scope 1 Intensity: 0.30 tCO2e/$MAllianzYear: 2024Scope 1: 53,885 tCO2eRevenue: $M 142,476Scope 1 Intensity: 0.38 tCO2e/$MRay SigortaYear: 2024Scope 1: 519 tCO2eRevenue: $M 416Scope 1 Intensity: 1.25 tCO2e/$MSagaYear: 2025Scope 1: 107,015 tCO2eRevenue: $M 731Scope 1 Intensity: 146.42 tCO2e/$MVaudoise Assurances HoldingYear: 2023Scope 1: 527 tCO2eRevenue: $M 1,784Scope 1 Intensity: 0.30 tCO2e/$MALM. Brand A/SYear: 2024Scope 1: 599 tCO2eRevenue: $M 1,971Scope 1 Intensity: 0.30 tCO2e/$MSinar Mas MultiarthaYear: 2024Scope 1: 9,024 tCO2eRevenue: $M 1,863Scope 1 Intensity: 4.84 tCO2e/$MICICI LombardYear: 2025Scope 1: 1,425 tCO2eRevenue: $M 2,809Scope 1 Intensity: 0.51 tCO2e/$MCaixa Seguridade ParticipacoesYear: 2022Scope 1: 48 tCO2eRevenue: $M 319Scope 1 Intensity: 0.15 tCO2e/$MBB Seguridade ParticipacoesYear: 2023Scope 1: 209 tCO2eRevenue: $M 1,045Scope 1 Intensity: 0.20 tCO2e/$MAnadolu Anonim Turk Sigorta StiYear: 2024Scope 1: 637 tCO2eRevenue: $M 1,713Scope 1 Intensity: 0.37 tCO2e/$MQatar Insurance Company QSPCYear: 2024Scope 1: 125 tCO2eRevenue: $M 2,152Scope 1 Intensity: 0.06 tCO2e/$MAegean AirlinesYear: 2025Scope 1: 1,443,865 tCO2eRevenue: $M 1,966Scope 1 Intensity: 734.53 tCO2e/$M

How does Aegean Airlines's GHG emissions intensity compare to its peers?

In 2025, Aegean Airlines reported a Scope 1 emissions intensity of 734.53 tCO₂e per millions USD. Compared to the peer group median of 0.3, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Aegean Airlines rank on GHG emissions intensity within its industry?

In 2025, Aegean Airlines ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Aegean Airlines among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Aegean Airlines's Total Carbon Footprint

In 2025, Aegean Airlines reported a total carbon footprint of 1,946,051.6 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.24% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Aegean Airlines's total carbon footprint was Scope 1 emissions, accounting for 74.19% of the company's total carbon footprint, followed by Scope 3 emissions at 25.71%.a

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