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Azul SA

Common Name
Azul
Country
Brazil
Sector
Industrials
Industry
Airlines
Employees
15,367
Ticker
AZUL3
Exchange
B3
Description
Azul S.A. is a Brazil-based airline operator specializing in passenger transportation services. It provides scheduled flights connecting numerous cities across Brazil, including Sao Paulo, Brasilia, R...

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)2024202320222021-2019
Total Scope 1
3,388,732.654a
3,300,728.83b
3,089,851.26b
Total Scope 2
Market-Based
0a
0b
N/A
Location-Based
456.743a
398.41b
316.11b
Total Scope 3
960,986.658a
1,118,351.82b
871,376.51b
Total Scope 1 Revenue Intensity (tCO2e/$M)
1,072.1616a
862.8236b
1,023.8625b
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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.

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

Insights into Azul's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Azul amounted to 3,389,189.397 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 Azul increased 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 CO₂ equivalent (tCO₂e).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 tCO₂e using the market-based method and 456.743 tCO₂e 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 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 Azul includes a breakdown across 9 of 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 CO₂ equivalent (tCO₂e).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 emissions have 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 tCO₂e (90.47%)
  • Capital Goods (Cat. 2): 27,538.624 tCO₂e (2.87%)
  • Purchased Goods and Services (Cat. 1): 24,951.788 tCO₂e (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 tCO₂e and total revenues of USD 3,161 millions. This translates into an emissions intensity of 1,072.16 tCO₂e 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)501,00050,0002,000,00050,000,000Revenues (Millions of USD)China 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: $M 61,643Scope 1 Intensity: 604.85 tCO2e/$MBangkok AirwaysYear: 2023Scope 1: 288,794 tCO2eRevenue: $M 611Scope 1 Intensity: 472.55 tCO2e/$MWizz Air HoldingsYear: 2025Scope 1: 5,834,826 tCO2eRevenue: $M 5,702Scope 1 Intensity: 1,023.36 tCO2e/$MStarlux AirlinesYear: 2023Scope 1: 589,857 tCO2eRevenue: $M 733Scope 1 Intensity: 805.22 tCO2e/$MJUNEYAO AIRLINESYear: 2024Scope 1: 2,859,759 tCO2eRevenue: $M 3,027Scope 1 Intensity: 944.60 tCO2e/$MSkyWestYear: 2024Scope 1: 5,566,845 tCO2eRevenue: $M 3,528Scope 1 Intensity: 1,577.94 tCO2e/$MCopa HoldingsYear: 2024Scope 1: 3,089,620 tCO2eRevenue: $M 3,446Scope 1 Intensity: 896.53 tCO2e/$MThai Airways InternationalYear: 2024Scope 1: 5,388,825 tCO2eRevenue: $M 5,454Scope 1 Intensity: 988.13 tCO2e/$MAir China CargoYear: 2024Scope 1: 1,672,670 tCO2eRevenue: $M 2,820Scope 1 Intensity: 593.05 tCO2e/$MFinnairYear: 2025Scope 1: 3,444,252 tCO2eRevenue: $M 3,652Scope 1 Intensity: 943.16 tCO2e/$MVolarisYear: 2024Scope 1: 3,126,561 tCO2eRevenue: $M 53,943Scope 1 Intensity: 57.96 tCO2e/$MAsiana AirlinesYear: 2024Scope 1: 5,915,995 tCO2eRevenue: $M 5,669Scope 1 Intensity: 1,043.58 tCO2e/$MNorwegian Air ShuttleYear: 2025Scope 1: 2,506,973 tCO2eRevenue: $M 3,738Scope 1 Intensity: 670.62 tCO2e/$MPegasus Hava TasimaciligiYear: 2024Scope 1: 3,392,871 tCO2eRevenue: $M 86Scope 1 Intensity: 39,476.65 tCO2e/$MGOLYear: 2024Scope 1: 3,049,668 tCO2eRevenue: $M 3,096Scope 1 Intensity: 984.89 tCO2e/$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 tCO₂e 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 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 CO₂ equivalent (tCO₂e) 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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