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Azul SA

Common Name
Azul
Country
Brazil
Sector
Industrials
Industry
Airlines
Employees
15,367
Ticker
AZULQ
Exchange
OTC LINK ATS
Description
Azul S.A. is a major player in the aviation industry, primarily focusing on providing air transport services across Brazil. Founded in 2008, Azul has rapidly grown to become one of the country's leadi...

Azul's GHG Emissions Data Preview

In 2024, Azul 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).

Azul has also provided a category-level breakdown for 9 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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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 Azul’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 Azul’s data sources below and access millions more through our Disclosure Search.

a. Azul's Verification report 2024
a. Azul's Verification report 2024
b. Azul's Sustainability Report 2024
b. Azul's Sustainability Report 2024

Insights into Azul's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofAzul amounted to3,389,189.397metric 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 Azulincreased by 2.67%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Azul's Scope 1 Emissions Over Time

20212022202320240850 k1.7 M2.55 M3.4 MtCO2e+25%+7%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Azul's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Azul were 3,388,732.654 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Azul reduced its Scope 1 emissions over time?

Since 2021, Azul's Scope 1 emissions have increased by 36.96%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Azul's Scope 1 emissions increased by 2.67%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Azul's Scope 2 emissions?

In 2024, Azul reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method and 456.743 tCOâ‚‚e using the location-based method.a

Has Azul reduced its Scope 2 emissions over time?

Since 2021, Azul's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 40.37%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Azul's Scope 2 emissions(Location-Based) rose by 14.64% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Azul use for Scope 2 reporting?

In 2024, Azul reported its Scope 2 emissions using the market-based method and using the location-based method.a

Azul's Scope 2 Emissions Over Time

20212022202320240200400600800tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Azul's Value Chain Emissions

In 2024, Azul reported 960,986.658 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Azul includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Azul's Scope 3 Emissions Over Time

20212022202320240300 k600 k900 k1.2 MtCO2e+23670%+28%-14%
  • Total Scope 3
  • Year-over-Year Change

What are Azul's Scope 3 emissions?

In 2024, Azul reported total Scope 3 emissions of 960,986.658 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 98.62%of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.38%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Azul reduced its Scope 3 emissions over time?

Since 2021, Azul's Scope 3 emissionshave increased by 26,113.92%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Azul's Scope 3 emissions decreased by 14.07%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Azul disclose?

In 2024, Azul reported emissions for 9 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 Azul's Scope 3 emissions?

In 2024, the largest contributors to Azul's Scope 3 emissions were:a

  • Fuel- and Energy-Related Services (Cat. 3): 869,369.929 tCOâ‚‚e(90.47%)
  • Capital Goods (Cat. 2): 27,538.624 tCOâ‚‚e(2.87%)
  • Purchased Goods and Services (Cat. 1): 24,951.788 tCOâ‚‚e(2.6%)

Azul's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(90.5%)Capital Goods(Cat. 2)(2.9%)Purchased Goods andServices (Cat. 1)(2.6%)

Insights into Azul’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Azul reported Scope 1 greenhouse gas (GHG) emissions of 3,388,732.654 tCOâ‚‚e and total revenues of USD 3,161 millions. This translates into an emissions intensity of 1,072.16 tCOâ‚‚e per millions USD.a

Azul's Scope 1 Emissions Intensity Compared to Peers

20,000200,0002,000,00020,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000200,000Revenues (Millions of USD)CACCCopa HoldingsYear: 2024Scope 1: 3,089,620 tCO2eRevenue: $M 3,446Scope 1 Intensity: 896.53 tCO2e/$MJUNEYAO AIRLINESYear: 2024Scope 1: 2,859,759 tCO2eRevenue: $M 3,027Scope 1 Intensity: 944.60 tCO2e/$MAsia AviationYear: 2024Scope 1: 1,584,991 tCO2eRevenue: $M 1,440Scope 1 Intensity: 1,100.84 tCO2e/$MNorwegian Air ShuttleYear: 2024Scope 1: 2,446,900 tCO2eRevenue: $M 3,115Scope 1 Intensity: 785.58 tCO2e/$MAmbiparYear: 2023Scope 1: 228,716 tCO2eRevenue: $M 1,005Scope 1 Intensity: 227.66 tCO2e/$MAir New Zealand LtdYear: 2025Scope 1: 3,157,207 tCO2eRevenue: $M 4,119Scope 1 Intensity: 766.42 tCO2e/$MVolarisYear: 2024Scope 1: 3,126,561 tCO2eRevenue: $M 58,188Scope 1 Intensity: 53.73 tCO2e/$MAir France KLMYear: 2024Scope 1: 25,727,000 tCO2eRevenue: $M 32,737Scope 1 Intensity: 785.88 tCO2e/$MChina AirlinesYear: 2024Scope 1: 6,228,363 tCO2eRevenue: $M 6,223Scope 1 Intensity: 1,000.79 tCO2e/$MBangkok AirwaysYear: 2023Scope 1: 288,794 tCO2eRevenue: $M 572Scope 1 Intensity: 505.23 tCO2e/$MSkyWestYear: 2024Scope 1: 5,566,845 tCO2eRevenue: $M 3,528Scope 1 Intensity: 1,577.94 tCO2e/$MIcelandair GroupYear: 2024Scope 1: 1,167,660 tCO2eRevenue: $M 1,571Scope 1 Intensity: 743.45 tCO2e/$MStarlux AirlinesYear: 2023Scope 1: 589,857 tCO2eRevenue: $M 733Scope 1 Intensity: 805.22 tCO2e/$MTurk Hava Yollari AOYear: 2024Scope 1: 22,602,053 tCO2eRevenue: $M 22,669Scope 1 Intensity: 997.05 tCO2e/$MSingapore AirlinesYear: 2025Scope 1: 17,139,994 tCO2eRevenue: $M 14,545Scope 1 Intensity: 1,178.41 tCO2e/$MDeutsche LufthansaYear: 2024Scope 1: 29,159,239 tCO2eRevenue: $M 39,107Scope 1 Intensity: 745.62 tCO2e/$MAir ChinaYear: 2024Scope 1: 27,677,000 tCO2eRevenue: $M 22,841Scope 1 Intensity: 1,211.70 tCO2e/$MRyanair HoldingsYear: 2025Scope 1: 16,536,228 tCO2eRevenue: $M 15,098Scope 1 Intensity: 1,095.28 tCO2e/$MPegasus Hava TasimaciligiYear: 2024Scope 1: 3,392,871 tCO2eRevenue: $M 3,162Scope 1 Intensity: 1,073.08 tCO2e/$MGOLYear: 2024Scope 1: 3,049,668 tCO2eRevenue: $M 3,096Scope 1 Intensity: 984.89 tCO2e/$MQantas AirwaysYear: 2025Scope 1: 12,139,425 tCO2eRevenue: $M 15,410Scope 1 Intensity: 787.77 tCO2e/$MEva AirwaysYear: 2024Scope 1: 7,099,299 tCO2eRevenue: $M 6,746Scope 1 Intensity: 1,052.32 tCO2e/$MAeroflot-Rossiyskiye AvialiniiYear: 2024Scope 1: 11,243,200 tCO2eRevenue: $M 7,532Scope 1 Intensity: 1,492.69 tCO2e/$MAAAir China CargoYear: 2024Scope 1: 1,672,670 tCO2eRevenue: $M 2,820Scope 1 Intensity: 593.05 tCO2e/$MFinnairYear: 2024Scope 1: 3,459,576 tCO2eRevenue: $M 3,173Scope 1 Intensity: 1,090.45 tCO2e/$MAzulYear: 2024Scope 1: 3,388,733 tCO2eRevenue: $M 3,161Scope 1 Intensity: 1,072.16 tCO2e/$M

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

In 2024, Azul reported a Scope 1 emissions intensity of 1,072.16 tCOâ‚‚e per millions USD. Compared to the peer group median of 944.6, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Azul rank on GHG emissions intensity within its industry?

In 2024, Azul ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Azul's Total Carbon Footprint

In 2024, Azul reported a total carbon footprint of 4,350,176.055 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.57% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Azul's total carbon footprint was Scope 1 emissions, accounting for 77.9% of the company's total carbon footprint, followed by Scope 3 emissions at 22.09%.a

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