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Asia Aviation PCL

Common Name
Asia Aviation
Country
Thailand
Sector
Industrials
Industry
Airlines
Employees
N/A
Ticker
AAV
Exchange
Stock Exchange of Thailand
Description
Asia Aviation Public Company Limited, headquartered in Thailand, operates as a holding entity chiefly involved in the airline industry. Known for owning a significant stake in Thai AirAsia Co., Ltd., ...

Asia Aviation's GHG Emissions Data Preview

In 2024, Asia Aviation 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).

However, Asia Aviation has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
1,584,991a
1,431,561a
662,780a
Total Scope 2
Unspecified Calculation Method
1,923a
1,725.53b
671.92b
Total Scope 3
559,788a
309,122.2b
143,190.8b
Total Scope 1 Revenue Intensity (tCO2e/$M)
1,100.8386a
1,195.1236a
1,307.5648a
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Verified Sources Behind Asia Aviation’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. Asia Aviation's Sustainability Report 2024
b. Asia Aviation's Sustainability Report 2023
c. Asia Aviation's Sustainability Report 2022

Insights into Asia Aviation's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Asia Aviation amounted to 1,586,914 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 2023, the total operational greenhouse gas (GHG) emissions of Asia Aviation increased by 10.72%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Asia Aviation's Scope 1 Emissions Over Time

202020212022202320240400 k800 k1.2 M1.6 MtCO2e-71%+227%+116%+11%
  • Total Scope 1
  • Year-over-Year Change

What are Asia Aviation's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Asia Aviation were 1,584,991 metric tons of CO₂ equivalent (tCO₂e).a

Has Asia Aviation reduced its Scope 1 emissions over time?

Since 2020, Asia Aviation's Scope 1 emissions have increased by 127.86%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year (2023), Asia Aviation's Scope 1 emissions increased by 10.72%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Asia Aviation's Scope 2 emissions?

In 2024, Asia Aviation reported Scope 2 greenhouse gas (GHG) emissions of 1,923 tCO₂e without specifying the calculation method.a

Has Asia Aviation reduced its Scope 2 emissions over time?

Since 2020, Asia Aviation's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 26.53%, reflecting a rising long-term trend in Scope 2 emissions over time.ac

Compared to the previous year (2023), Asia Aviation's Scope 2 emissions (Unspecified Calculation Method) rose by 11.44% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Asia Aviation use for Scope 2 reporting?

In 2024, Asia Aviation reported its Scope 2 emissions using an unspecified methodology.a

Asia Aviation's Scope 2 Emissions Over Time

2020202120222023202405001 k1.5 k2 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Asia Aviation's Value Chain Emissions

In 2024, Asia Aviation reported 559,788 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 2024 disclosure of Asia Aviation includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Asia Aviation's Scope 3 Emissions Over Time

2022202320240150 k300 k450 k600 ktCO2e+116%+81%
  • Total Scope 3
  • Year-over-Year Change

What are Asia Aviation's Scope 3 emissions?

In 2024, Asia Aviation reported total Scope 3 emissions of 559,788 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2023), Asia Aviation's Scope 3 emissions increased by 81.09%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

Insights into Asia Aviation’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Asia Aviation reported Scope 1 greenhouse gas (GHG) emissions of 1,584,991 tCO₂e and total revenues of USD 1,440 millions. This translates into an emissions intensity of 1,100.84 tCO₂e per millions USD.a

Asia Aviation's Scope 1 Emissions Intensity Compared to Peers

20,000200,0002,000,00020,000,000200,000,000Scope 1 Emissions (tCO2e)1005,000100,0002,000,00050,000,000Revenues (Millions of USD)EasyjetYear: 2025Scope 1: 8,701,928 tCO2eRevenue: $M 13,589Scope 1 Intensity: 640.37 tCO2e/$MEva AirwaysYear: 2024Scope 1: 7,099,299 tCO2eRevenue: $M 6,746Scope 1 Intensity: 1,052.32 tCO2e/$MKorean Air LinesYear: 2024Scope 1: 13,323,760 tCO2eRevenue: $M 12,179Scope 1 Intensity: 1,094.03 tCO2e/$MJapan AirlinesYear: 2024Scope 1: 9,720,000 tCO2eRevenue: $M 10,908Scope 1 Intensity: 891.10 tCO2e/$MANA HoldingsYear: 2024Scope 1: 11,278,730 tCO2eRevenue: $M 13,576Scope 1 Intensity: 830.79 tCO2e/$MAir China CargoYear: 2024Scope 1: 1,672,670 tCO2eRevenue: $M 2,820Scope 1 Intensity: 593.05 tCO2e/$MHainan Airlines HoldingYear: 2024Scope 1: 10,830,995 tCO2eRevenue: $M 8,939Scope 1 Intensity: 1,211.69 tCO2e/$MCathay Pacific AirwaysYear: 2025Scope 1: 16,760,471 tCO2eRevenue: $M 15,001Scope 1 Intensity: 1,117.30 tCO2e/$MQantas AirwaysYear: 2025Scope 1: 12,139,425 tCO2eRevenue: $M 15,410Scope 1 Intensity: 787.77 tCO2e/$MTurk Hava Yollari AOYear: 2024Scope 1: 22,602,053 tCO2eRevenue: $M 513Scope 1 Intensity: 44,031.39 tCO2e/$MAmerican Airlines GroupYear: 2024Scope 1: 39,946,681 tCO2eRevenue: $M 54,211Scope 1 Intensity: 736.87 tCO2e/$MDeutsche LufthansaYear: 2024Scope 1: 29,159,239 tCO2eRevenue: $M 39,107Scope 1 Intensity: 745.62 tCO2e/$MChina Eastern AirlinesYear: 2024Scope 1: 23,816,108 tCO2eRevenue: $M 18,103Scope 1 Intensity: 1,315.56 tCO2e/$MLATAM Airlines GroupYear: 2024Scope 1: 13,118,183 tCO2eRevenue: $M 11,026,463Scope 1 Intensity: 1.19 tCO2e/$MChina Southern AirlinesYear: 2024Scope 1: 29,037,100 tCO2eRevenue: $M 23,873Scope 1 Intensity: 1,216.34 tCO2e/$MSingapore AirlinesYear: 2025Scope 1: 17,139,994 tCO2eRevenue: $M 14,545Scope 1 Intensity: 1,178.41 tCO2e/$MAir ChinaYear: 2024Scope 1: 27,677,000 tCO2eRevenue: $M 22,841Scope 1 Intensity: 1,211.70 tCO2e/$MSouthwest AirlinesYear: 2024Scope 1: 21,091,127 tCO2eRevenue: $M 27,483Scope 1 Intensity: 767.42 tCO2e/$MInterglobe AviationYear: 2025Scope 1: 9,706,393 tCO2eRevenue: $M 9,084Scope 1 Intensity: 1,068.46 tCO2e/$MIAGYear: 2024Scope 1: 27,200,000 tCO2eRevenue: $M 33,404Scope 1 Intensity: 814.28 tCO2e/$MRyanair HoldingsYear: 2025Scope 1: 16,536,228 tCO2eRevenue: $M 15,098Scope 1 Intensity: 1,095.28 tCO2e/$MUnited Airlines HoldingsYear: 2024Scope 1: 38,520,027 tCO2eRevenue: $M 57,063Scope 1 Intensity: 675.04 tCO2e/$MDelta Air LinesYear: 2024Scope 1: 37,284,766 tCO2eRevenue: $M 61,643Scope 1 Intensity: 604.85 tCO2e/$MThai Airways InternationalYear: 2024Scope 1: 5,388,825 tCO2eRevenue: $M 5,454Scope 1 Intensity: 988.13 tCO2e/$MBangkok AirwaysYear: 2023Scope 1: 288,794 tCO2eRevenue: $M 611Scope 1 Intensity: 472.55 tCO2e/$MAsia AviationYear: 2024Scope 1: 1,584,991 tCO2eRevenue: $M 1,440Scope 1 Intensity: 1,100.84 tCO2e/$M

How does Asia Aviation's GHG emissions intensity compare to its peers?

In 2024, Asia Aviation reported a Scope 1 emissions intensity of 1,100.84 tCO₂e per millions USD. Compared to the peer group median of 891.1, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Asia Aviation rank on GHG emissions intensity within its industry?

In 2024, Asia Aviation ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Asia Aviation is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Asia Aviation's Total Carbon Footprint

In 2024, Asia Aviation reported a total carbon footprint of 2,146,702 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.2% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Asia Aviation's total carbon footprint was Scope 1 emissions, accounting for 73.83% of the company's total carbon footprint, followed by Scope 3 emissions at 26.08%.a

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