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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 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 |
Location-Based | 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 |
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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 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 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Cathay Pacific Airways amounted to 14,168,192 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 Cathay Pacific Airways increased by 21.58%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of Cathay Pacific Airways were 14,083,146 metric tons of CO₂ equivalent (tCO₂e). a
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. a c
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
In 2024, Cathay Pacific Airways reported Scope 2 greenhouse gas (GHG) emissions of 49,405 tCO₂e using the market-based method and 85,046 tCO₂e using the location-based method. a
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
In 2024, Cathay Pacific Airways reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Cathay Pacific Airways reported 9,462,035 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 Cathay Pacific Airways includes a breakdown across 9 of 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 chain a
In 2024, Cathay Pacific Airways reported total Scope 3 emissions of 9,462,035 metric tons of CO₂ equivalent (tCO₂e). 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
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.
In 2024, the largest contributors to Cathay Pacific Airways's Scope 3 emissions were: a
In 2024, Cathay Pacific Airways reported Scope 1 greenhouse gas (GHG) emissions of 14,083,146 tCO₂e and total revenues of USD 13,439 millions. This translates into an emissions intensity of 1,047.92 tCO₂e per millions USD. a
In 2024, Cathay Pacific Airways reported a Scope 1 emissions intensity of 1,047.92 tCO₂e per millions USD. Compared to the peer group median of 899.17 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Cathay Pacific Airways ranked 16 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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
In 2024, Cathay Pacific Airways reported a total carbon footprint of 23,630,227 metric tons of CO₂ equivalent (tCO₂e) 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