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Cathay Pacific Airways Ltd
Cathay Pacific Airways's GHG Emissions Data Preview
In 2024, 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 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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bVerified Sources Behind Cathay Pacific Airways’s Greenhouse Gas (GHG) Emissions Data
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Insights into Cathay Pacific Airways's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCathay Pacific Airways amounted to14,168,192metric 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 Cathay Pacific Airwaysincreased by 21.58%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Cathay Pacific Airways's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Cathay Pacific Airways's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Cathay Pacific Airways were 14,083,146 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Cathay Pacific Airways reduced its Scope 1 emissions over time?
Since 2020, Cathay Pacific Airways's Scope 1 emissions have increased by 86.91%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), Cathay Pacific Airways's Scope 1 emissions increased by 21.68%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Cathay Pacific Airways's Scope 2 emissions?
In 2024, Cathay Pacific Airways reported Scope 2 greenhouse gas (GHG) emissions of 49,405 tCOâ‚‚e using the market-based method and 85,046 tCOâ‚‚e using the location-based method.a
Has Cathay Pacific Airways reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Cathay Pacific Airways's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Cathay Pacific Airways's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Cathay Pacific Airways use for Scope 2 reporting?
In 2024, Cathay Pacific Airways reported its Scope 2 emissions using the market-based method and using the location-based method.a
Cathay Pacific Airways's Scope 2 Emissions Over Time
- 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 2024, Cathay Pacific Airways reported 9,462,035 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 Cathay Pacific Airways includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Cathay Pacific Airways's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Cathay Pacific Airways's Scope 3 emissions?
In 2024, Cathay Pacific Airways reported total Scope 3 emissions of 9,462,035 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 50.53%of these emissions originated from upstream activities such as purchased goods and capital goods, while 49.47%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Cathay Pacific Airways's Scope 3 emissions increased by 59.32%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Cathay Pacific Airways disclose?
In 2024, Cathay Pacific Airways 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 Cathay Pacific Airways's Scope 3 emissions?
In 2024, the largest contributors to Cathay Pacific Airways's Scope 3 emissions were:a
- Investments (Cat. 15): 4,680,717 tCOâ‚‚e(49.47%)
- Fuel- and Energy-Related Services (Cat. 3): 3,092,249 tCOâ‚‚e(32.68%)
- Capital Goods (Cat. 2): 775,436 tCOâ‚‚e(8.2%)
Cathay Pacific Airways's Scope 3 Emissions by Categories
Insights into Cathay Pacific Airways’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Cathay Pacific Airways reported Scope 1 greenhouse gas (GHG) emissions of 14,083,146 tCOâ‚‚e and total revenues of USD 13,439 millions. This translates into an emissions intensity of 1,047.92 tCOâ‚‚e per millions USD.a
Cathay Pacific Airways's Scope 1 Emissions Intensity Compared to Peers
How does Cathay Pacific Airways's GHG emissions intensity compare to its peers?
In 2024, Cathay Pacific Airways reported a Scope 1 emissions intensity of 1,047.92 tCOâ‚‚e per millions USD. Compared to the peer group median of 805.22, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Cathay Pacific Airways rank on GHG emissions intensity within its industry?
In 2024, Cathay Pacific Airways ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Cathay Pacific Airways is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Cathay Pacific Airways's Total Carbon Footprint
In 2024, Cathay Pacific Airways reported a total carbon footprint of 23,630,227 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 34.32% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Cathay Pacific Airways's total carbon footprint was Scope 1 emissions, accounting for 59.6% of the company's total carbon footprint, followed by Scope 3 emissions at 40.04%.a