In 2023, Avis Budget Group 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).
Avis Budget Group 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Avis Budget Group amounted to 6,386,656 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 2022, the total operational greenhouse gas (GHG) emissions of Avis Budget Group increased by 11.84%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2023, the total Scope 1 emissions of Avis Budget Group were 6,349,360 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Avis Budget Group's Scope 1 emissions have decreased by 7%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Avis Budget Group's Scope 1 emissions increased by 11.93%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2023, Avis Budget Group reported Scope 2 greenhouse gas (GHG) emissions of 37,296 tCO₂e using the location-based method. a
Since 2018, Avis Budget Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 17.2%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Avis Budget Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Avis Budget Group 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2023, Avis Budget Group reported its Scope 2 emissions using the location-based method. a
In 2023, Avis Budget Group reported 15,896 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 2023 disclosure of Avis Budget Group 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. a
In 2023, Avis Budget Group reported total Scope 3 emissions of 15,896 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Avis Budget Group's Scope 3 emissions decreased by 10.71%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2023, Avis Budget Group reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to Avis Budget Group's Scope 3 emissions were: a
In 2023, Avis Budget Group reported Scope 1 greenhouse gas (GHG) emissions of 6,349,360 tCO₂e and total revenues of USD 12,664 millions. This translates into an emissions intensity of 501.37 tCO₂e per millions USD. a
In 2023, Avis Budget Group reported a Scope 1 emissions intensity of 501.37 tCO₂e per millions USD. Compared to the peer group median of 8.98 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, Avis Budget Group ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Avis Budget Group among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2023, Avis Budget Group reported a total carbon footprint of 6,402,552 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.77% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Avis Budget Group's total carbon footprint was Scope 1 emissions, accounting for 99.17% of the company's total carbon footprint, followed by Scope 2 emissions at 0.58%. a