Air Canada

Country
Canada
Sector
Industrials
Industry
Airlines
Employees
37,200
Ticker
AC
Exchange
TORONTO STOCK EXCHANGE
Description
Air Canada is a major airline and the largest carrier in Canada, providing scheduled passenger flights and cargo services domestically and to international destinations. Primarily functioning as a pro...

Air Canada's GHG Emissions Data Preview

In 2023, Air Canada 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).

Air Canada has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Air Canada's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Air Canada amounted to 11,371,591 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Air Canada increased by 19.56%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Air Canada's Scope 1 Emissions Over Time

2019202020212022202303.5 M7 M10.5 M14 MtCO2e-62%-2%+94%+20%
  • Total Scope 1
  • Year-over-Year Change

What are Air Canada's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Air Canada were 11,365,466 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Air Canada reduced its Scope 1 emissions over time?

Since 2019, Air Canada's Scope 1 emissions have decreased by 13.84%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Air Canada's Scope 1 emissions increased by 19.6%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Air Canada's Scope 2 emissions?

In 2023, Air Canada reported Scope 2 greenhouse gas (GHG) emissions of 3,017 tCOâ‚‚e using the market-based method and 6,125 tCOâ‚‚e using the location-based method.

Has Air Canada reduced its Scope 2 emissions over time?

Since 2019, Air Canada's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 46.65%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Air Canada's Scope 2 emissions (Location-Based) fell by 27.12% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Air Canada use for Scope 2 reporting?

In 2023, Air Canada reported its Scope 2 emissions using the market-based method and using the location-based method.

Air Canada's Scope 2 Emissions Over Time

2019202020212022202303 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Air Canada's Value Chain Emissions

In 2023, Air Canada reported 942,688 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Air Canada includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Air Canada's Scope 3 Emissions Over Time

201920202021202220230450 k900 k1.35 M1.8 MtCO2e-64%-1%+77%-7%
  • Total Scope 3
  • Year-over-Year Change

What are Air Canada's Scope 3 emissions?

In 2023, Air Canada reported total Scope 3 emissions of 942,688 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.44% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.56% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Air Canada reduced its Scope 3 emissions over time?

Since 2019, Air Canada's Scope 3 emissions have decreased by 41.59%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Air Canada's Scope 3 emissions remained relatively stable, indicating that Air Canada 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Air Canada disclose?

In 2023, Air Canada reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Air Canada's Scope 3 emissions?

In 2023, the largest contributors to Air Canada's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 937,417 tCOâ‚‚e (99.44%)
  • Downstream Leased Assets (Cat. 13): 5,271 tCOâ‚‚e (0.56%)

Air Canada's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(99.4%)

Insights into Air Canada's Total Carbon Footprint

In 2023, Air Canada reported a total carbon footprint of 12,314,279 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.01% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Air Canada's total carbon footprint was Scope 1 emissions, accounting for 92.3% of the company's total carbon footprint, followed by Scope 3 emissions at 7.66%.

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