In 2023, LATAM Airlines Group 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).
LATAM Airlines Group has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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 | ||||
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 |
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 2023, the total operational greenhouse gas (GHG) emissions of LATAM Airlines Group amounted to 11,529,637 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 2022, the total operational greenhouse gas (GHG) emissions of LATAM Airlines Group increased by 17.8%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2023, the total Scope 1 emissions of LATAM Airlines Group were 11,524,420 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, LATAM Airlines Group's Scope 1 emissions have decreased by 5.15%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), LATAM Airlines Group's Scope 1 emissions increased by 17.83%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2023, LATAM Airlines Group reported Scope 2 greenhouse gas (GHG) emissions of 5,217 tCO₂e using the location-based method. a
Compared to the previous year (2022), LATAM Airlines Group's Scope 2 emissions (Location-Based) fell by 27.03% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2023, LATAM Airlines Group reported its Scope 2 emissions using the location-based method. a
In 2023, LATAM Airlines Group reported 3,094,768 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 2023 disclosure of LATAM Airlines Group includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2023, LATAM Airlines Group reported total Scope 3 emissions of 3,094,768 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), LATAM Airlines Group's Scope 3 emissions remained relatively stable, indicating that LATAM Airlines Group 's emissions have plateaued with no significant change in its value chain footprint. a
In 2023, LATAM Airlines Group reported emissions for 7 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 2023, the largest contributors to LATAM Airlines Group's Scope 3 emissions were: a
In 2023, LATAM Airlines Group reported Scope 1 greenhouse gas (GHG) emissions of 11,524,420 tCO₂e and total revenues of USD 11,641 millions. This translates into an emissions intensity of 990.02 tCO₂e per millions USD. a
In 2023, LATAM Airlines Group reported a Scope 1 emissions intensity of 990.02 tCO₂e per millions USD. Compared to the peer group median of 976.05, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, LATAM Airlines Group ranked 11 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
LATAM Airlines Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2023, LATAM Airlines Group reported a total carbon footprint of 14,624,405 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.62% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to LATAM Airlines Group's total carbon footprint was Scope 1 emissions, accounting for 78.8% of the company's total carbon footprint, followed by Scope 3 emissions at 21.16%. a