Cathay Pacific Airways Ltd

Common Name
Cathay Pacific Airways
Country
Hong Kong
Sector
Industrials
Industry
Airlines
Employees
30,100
Ticker
293
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Cathay Pacific Airways Limited, together with its subsidiaries, offers international passenger and air cargo transportation services. The company conducts airline operations principally to and from Ho...

Cathay Pacific Airways's GHG Emissions Data Preview

In 2023, Cathay Pacific Airways 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).

Cathay Pacific Airways has also provided a category-level breakdown for 4 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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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Cathay Pacific Airways's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Cathay Pacific Airways amounted to 11,653,256 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Cathay Pacific Airways increased by 114.99%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Cathay Pacific Airways's Scope 1 Emissions Over Time

202020212022202303 M6 M9 M12 MtCO2e-20%-11%+116%
  • Total Scope 1
  • Year-over-Year Change

What are Cathay Pacific Airways's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Cathay Pacific Airways were 11,574,068 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Cathay Pacific Airways reduced its Scope 1 emissions over time?

Since 2020, Cathay Pacific Airways's Scope 1 emissions have increased by 53.61%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Cathay Pacific Airways's Scope 1 emissions increased by 116.34%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Cathay Pacific Airways's Scope 2 emissions?

In 2023, Cathay Pacific Airways reported Scope 2 greenhouse gas (GHG) emissions of 45,812 tCOâ‚‚e using the market-based method, and 79,188 tCOâ‚‚e using the location-based method.

Has Cathay Pacific Airways reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Cathay Pacific Airways's Scope 2 emissions (Location-Based) rose by 12.22% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Cathay Pacific Airways use for Scope 2 reporting?

In 2023, Cathay Pacific Airways reported its Scope 2 emissions using the market-based method and using the location-based method.

Cathay Pacific Airways's Scope 2 Emissions Over Time

2020202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Cathay Pacific Airways's Value Chain Emissions

In 2023, Cathay Pacific Airways reported 5,939,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Cathay Pacific Airways includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Cathay Pacific Airways's Scope 3 Emissions Over Time

2022202301.5 M3 M4.5 M6 MtCO2e+14%
  • Total Scope 3
  • Year-over-Year Change

What are Cathay Pacific Airways's Scope 3 emissions?

In 2023, Cathay Pacific Airways reported total Scope 3 emissions of 5,939,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 64.29% of these emissions originated from upstream activities such as purchased goods and capital goods, while 35.71% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Cathay Pacific Airways's Scope 3 emissions increased by 14.1%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Cathay Pacific Airways disclose?

In 2023, Cathay Pacific Airways reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Cathay Pacific Airways's Scope 3 emissions?

In 2023, the largest contributors to Cathay Pacific Airways's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 2,553,770 tCOâ‚‚e (43.88%)
  • Investments (Cat. 15): 2,078,650 tCOâ‚‚e (35.71%)
  • Capital Goods (Cat. 2): 653,290 tCOâ‚‚e (11.22%)

Cathay Pacific Airways's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(43.9%)Capital Goods(Cat. 2)(11.2%)Investments(Cat. 15)(35.7%)

Insights into Cathay Pacific Airways's Total Carbon Footprint

In 2023, Cathay Pacific Airways reported a total carbon footprint of 17,592,256 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 65.57% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Cathay Pacific Airways's total carbon footprint was Scope 1 emissions, accounting for 65.79% of the company's total carbon footprint, followed by Scope 3 emissions at 33.76%.

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