Avis Budget Group Inc

Common Name
Avis Budget Group
Country
United States
Sector
Industrials
Industry
Rental & Leasing Services
Employees
17,000
Ticker
CAR
Exchange
NASDAQ/NGS
Description
Avis Budget Group, Inc. is a leading global provider of vehicle rental and mobility solutions, primarily operating in the passenger transportation sector. The company specializes in short- and medium-...

Avis Budget Group's GHG Emissions Data Preview

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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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a
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Avis Budget Group’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. Explore Avis Budget Group’s data sources below and access millions more through our Disclosure Search.

a. Avis Budget Group's ESG Report 2024
a. Avis Budget Group's ESG Report 2024

Insights into Avis Budget Group's Operational Emissions

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

Avis Budget Group's Scope 1 Emissions Over Time

20182019202020212022202302 M4 M6 M8 MtCO2e+2%-29%0%+15%+12%
  • Total Scope 1
  • Year-over-Year Change

What are Avis Budget Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Avis Budget Group were 6,349,360 metric tons of CO₂ equivalent (tCO₂e). a

Has Avis Budget Group reduced its Scope 1 emissions over time?

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

What are Avis Budget Group's Scope 2 emissions?

In 2023, Avis Budget Group reported Scope 2 greenhouse gas (GHG) emissions of 37,296 tCO₂e using the location-based method. a

Has Avis Budget Group reduced its Scope 2 emissions over time?

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

What methodology does Avis Budget Group use for Scope 2 reporting?

In 2023, Avis Budget Group reported its Scope 2 emissions using the location-based method. a

Avis Budget Group's Scope 2 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Avis Budget Group's Value Chain Emissions

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

Avis Budget Group's Scope 3 Emissions Over Time

202020212022202304.5 k9 k13.5 k18 ktCO2e-11%+39%-11%
  • Total Scope 3
  • Year-over-Year Change

What are Avis Budget Group's Scope 3 emissions?

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

What categories of Scope 3 emissions does Avis Budget Group disclose?

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.

What are the main sources of Avis Budget Group's Scope 3 emissions?

In 2023, the largest contributors to Avis Budget Group's Scope 3 emissions were: a

  • Waste Generated in Operations (Cat. 5): 14,566 tCO₂e (91.63%)
  • Business Travel (Cat. 6): 1,330 tCO₂e (8.37%)

Avis Budget Group's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(8.4%)Waste Generated inOperations (Cat. 5)(91.6%)

Insights into Avis Budget Group’s GHG Emissions Intensity Compared to Industry Peers

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

Avis Budget Group's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0005,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)RXOYear: 2023Scope 1: 40,296 tCO2eRevenue: $M 3,927Scope 1 Intensity: 10.26 tCO2e/$MMcGrath RentCorpYear: 2022Scope 1: 8,103 tCO2eRevenue: $M 636Scope 1 Intensity: 12.75 tCO2e/$MRobert HalfYear: 2023Scope 1: 3,183 tCO2eRevenue: $M 6,393Scope 1 Intensity: 0.50 tCO2e/$MGATXYear: 2024Scope 1: 14,231 tCO2eRevenue: $M 1,586Scope 1 Intensity: 8.98 tCO2e/$MAir LeaseYear: 2023Scope 1: 5,599 tCO2eRevenue: $M 2,685Scope 1 Intensity: 2.09 tCO2e/$MOtis WorldwideYear: 2024Scope 1: 120,275 tCO2eRevenue: $M 14,261Scope 1 Intensity: 8.43 tCO2e/$MParker-HannifinYear: 2023Scope 1: 127,000 tCO2eRevenue: $M 19,065Scope 1 Intensity: 6.66 tCO2e/$MCarrier GlobalYear: 2024Scope 1: 147,343 tCO2eRevenue: $M 22,486Scope 1 Intensity: 6.55 tCO2e/$M3MYear: 2024Scope 1: 1,500,000 tCO2eRevenue: $M 24,575Scope 1 Intensity: 61.04 tCO2e/$MRepublic ServicesYear: 2022Scope 1: 13,688,116 tCO2eRevenue: $M 13,511Scope 1 Intensity: 1,013.09 tCO2e/$MFerguson EnterprisesYear: 2024Scope 1: 163,884 tCO2eRevenue: $M 29,635Scope 1 Intensity: 5.53 tCO2e/$MTextronYear: 2023Scope 1: 241,593 tCO2eRevenue: $M 13,683Scope 1 Intensity: 17.66 tCO2e/$MRyder SystemYear: 2023Scope 1: 869,939 tCO2eRevenue: $M 11,979Scope 1 Intensity: 72.62 tCO2e/$MCH Robinson WorldwideYear: 2024Scope 1: 12,017 tCO2eRevenue: $M 17,724Scope 1 Intensity: 0.68 tCO2e/$MHuntington Ingalls IndustriesYear: 2024Scope 1: 80,948 tCO2eRevenue: $M 11,535Scope 1 Intensity: 7.02 tCO2e/$MHerc HoldingsYear: 2023Scope 1: 148,668 tCO2eRevenue: $M 3,282Scope 1 Intensity: 45.30 tCO2e/$MEMCOR GroupYear: 2023Scope 1: 176,705 tCO2eRevenue: $M 12,583Scope 1 Intensity: 14.04 tCO2e/$MSouthwest AirlinesYear: 2023Scope 1: 20,670,103 tCO2eRevenue: $M 26,091Scope 1 Intensity: 792.23 tCO2e/$MAramarkYear: 2024Scope 1: 40,498 tCO2eRevenue: $M 17,401Scope 1 Intensity: 2.33 tCO2e/$MBuilders FirstSourceYear: 2023Scope 1: 156,447 tCO2eRevenue: $M 17,097Scope 1 Intensity: 9.15 tCO2e/$MUnited RentalsYear: 2024Scope 1: 462,087 tCO2eRevenue: $M 15,345Scope 1 Intensity: 30.11 tCO2e/$MWesco InternationalYear: 2024Scope 1: 57,001 tCO2eRevenue: $M 21,819Scope 1 Intensity: 2.61 tCO2e/$MGXO LogisticsYear: 2024Scope 1: 200,782 tCO2eRevenue: $M 11,709Scope 1 Intensity: 17.15 tCO2e/$MManpowerGroupYear: 2023Scope 1: 19,682 tCO2eRevenue: $M 18,914Scope 1 Intensity: 1.04 tCO2e/$MBooz Allen Hamilton HoldingYear: 2025Scope 1: 1,592 tCO2eRevenue: $M 11,979Scope 1 Intensity: 0.13 tCO2e/$MAvis Budget GroupYear: 2023Scope 1: 6,349,360 tCO2eRevenue: $M 12,664Scope 1 Intensity: 501.37 tCO2e/$M

How does Avis Budget Group's GHG emissions intensity compare to its peers?

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

Where does Avis Budget Group rank on GHG emissions intensity within its industry?

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

Insights into Avis Budget Group's Total Carbon Footprint

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

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