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Leonardo SpA

Common Name
Leonardo
Country
Italy
Sector
Industrials
Industry
Aerospace & Defense
Employees
62,012
Ticker
LDO
Exchange
EURONEXT MILAN
Description
Leonardo S.p.A. is an Italian multinational corporation primarily engaged in the aerospace, defense, and security sectors. It plays a significant role in the design, manufacturing, and distribution of...

Leonardo's GHG Emissions Data Preview

In 2024, Leonardo 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).

Leonardo 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 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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b
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Leonardo’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. Explore Leonardo’s data sources below and access millions more through our Disclosure Search.

a. Leonardo's Integrated Report 2024
a. Leonardo's Integrated Report 2024
b. Leonardo's Integrated Report 2023
b. Leonardo's Integrated Report 2023
c. Leonardo's Annual Report 2022
c. Leonardo's Annual Report 2022

Insights into Leonardo's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofLeonardo amounted to401,832metric 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 Leonardodecreased by 5.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Leonardo's Scope 1 Emissions Over Time

20202021202220232024090 k180 k270 k360 ktCO2e-27%-19%-8%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Leonardo's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Leonardo were 185,446 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Leonardo reduced its Scope 1 emissions over time?

Since 2020, Leonardo's Scope 1 emissions have decreased by 48.45%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Leonardo's Scope 1 emissions decreased by 5.23%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Leonardo's Scope 2 emissions?

In 2024, Leonardo reported Scope 2 greenhouse gas (GHG) emissions of 54,378 tCOâ‚‚e using the market-based method and 216,386 tCOâ‚‚e using the location-based method.a

Has Leonardo reduced its Scope 2 emissions over time?

Since 2020, Leonardo's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 13.08%, reflecting a declining long-term trend in Scope 2 emissions over time.ac

Compared to the previous year(2023), Leonardo's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Leonardo's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Leonardo use for Scope 2 reporting?

In 2024, Leonardo reported its Scope 2 emissions using the market-based method and using the location-based method.a

Leonardo's Scope 2 Emissions Over Time

20202021202220232024065 k130 k195 k260 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Leonardo's Value Chain Emissions

In 2024, Leonardo reported 5,167,604 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 Leonardo includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Leonardo's Scope 3 Emissions Over Time

2020202120222023202401.5 M3 M4.5 M6 MtCO2e+6%+10%+2283%-11%
  • Total Scope 3
  • Year-over-Year Change

What are Leonardo's Scope 3 emissions?

In 2024, Leonardo reported total Scope 3 emissions of 5,167,604 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 57.32%of these emissions originated from upstream activities such as purchased goods and capital goods, while 42.68%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Leonardo reduced its Scope 3 emissions over time?

Since 2020, Leonardo's Scope 3 emissionshave increased by 2,391.31%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), Leonardo's Scope 3 emissions decreased by 10.91%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Leonardo disclose?

In 2024, Leonardo 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 Leonardo's Scope 3 emissions?

In 2024, the largest contributors to Leonardo's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 2,608,667 tCOâ‚‚e(50.48%)
  • Use of Sold Products (Cat. 11): 2,205,409 tCOâ‚‚e(42.68%)
  • Capital Goods (Cat. 2): 159,300 tCOâ‚‚e(3.08%)

Leonardo's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(50.5%)Capital Goods(Cat. 2)(3.1%)Use of Sold Products(Cat. 11)(42.7%)

Insights into Leonardo’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Leonardo reported Scope 1 greenhouse gas (GHG) emissions of 185,446 tCOâ‚‚e and total revenues of USD 18,485 millions. This translates into an emissions intensity of 10.03 tCOâ‚‚e per millions USD.a

Leonardo's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000200,0005,000,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)TCHCNorthrop GrummanYear: 2024Scope 1: 284,710 tCO2eRevenue: $M 41,033Scope 1 Intensity: 6.94 tCO2e/$MRolls-Royce HoldingsYear: 2024Scope 1: 235,170 tCO2eRevenue: $M 23,729Scope 1 Intensity: 9.91 tCO2e/$MTransDigm GroupYear: 2024Scope 1: 51,376 tCO2eRevenue: $M 7,940Scope 1 Intensity: 6.47 tCO2e/$MFincantieriYear: 2024Scope 1: 126,453 tCO2eRevenue: $M 8,274Scope 1 Intensity: 15.28 tCO2e/$MBAE SystemsYear: 2024Scope 1: 104,948 tCO2eRevenue: $M 33,019Scope 1 Intensity: 3.18 tCO2e/$MTTTaurus ArmasYear: 2022Scope 1: 1,019,328 tCO2eRevenue: $M 481Scope 1 Intensity: 2,120.75 tCO2e/$MHD KSOEYear: 2024Scope 1: 3,201 tCO2eRevenue: $M 17,406Scope 1 Intensity: 0.18 tCO2e/$MSamsung Heavy IndustriesYear: 2024Scope 1: 315,969 tCO2eRevenue: $M 6,749Scope 1 Intensity: 46.82 tCO2e/$MBWX TechnologiesYear: 2024Scope 1: 28,506 tCO2eRevenue: $M 2,704Scope 1 Intensity: 10.54 tCO2e/$MAviChinaYear: 2024Scope 1: 44,200 tCO2eRevenue: $M 12,973Scope 1 Intensity: 3.41 tCO2e/$MBombardierYear: 2024Scope 1: 61,800 tCO2eRevenue: $M 11,948Scope 1 Intensity: 5.17 tCO2e/$MSeniorYear: 2024Scope 1: 7,945 tCO2eRevenue: $M 1,226Scope 1 Intensity: 6.48 tCO2e/$MCCChina Aerospace Times ElectronicsYear: 2024Scope 1: 15,400 tCO2eRevenue: $M 1,957Scope 1 Intensity: 7.87 tCO2e/$MHHHanwha OceanYear: 2024Scope 1: 202,343 tCO2eRevenue: $M 7,344Scope 1 Intensity: 27.55 tCO2e/$MHanwha SystemsYear: 2024Scope 1: 640 tCO2eRevenue: $M 1,910Scope 1 Intensity: 0.33 tCO2e/$MGeneral DynamicsYear: 2024Scope 1: 523,038 tCO2eRevenue: $M 47,716Scope 1 Intensity: 10.96 tCO2e/$MQinetiQ GroupYear: 2025Scope 1: 19,662 tCO2eRevenue: $M 2,499Scope 1 Intensity: 7.87 tCO2e/$MAvioYear: 2024Scope 1: 1,262 tCO2eRevenue: $M 326Scope 1 Intensity: 3.88 tCO2e/$MAerospace Industrial DevelopmentYear: 2024Scope 1: 5,145 tCO2eRevenue: $M 1,201Scope 1 Intensity: 4.28 tCO2e/$MCCCSBC Corp TaiwanYear: 2022Scope 1: 7,751 tCO2eRevenue: $M 716Scope 1 Intensity: 10.83 tCO2e/$MExail TechnologiesYear: 2024Scope 1: 1,532 tCO2eRevenue: $M 388Scope 1 Intensity: 3.95 tCO2e/$MRTXYear: 2024Scope 1: 542,229 tCO2eRevenue: $M 80,738Scope 1 Intensity: 6.72 tCO2e/$MAselsanYear: 2024Scope 1: 23,761 tCO2eRevenue: $M 3,399Scope 1 Intensity: 6.99 tCO2e/$MRheinmetallYear: 2024Scope 1: 139,802 tCO2eRevenue: $M 10,147Scope 1 Intensity: 13.78 tCO2e/$MLeonardoYear: 2024Scope 1: 185,446 tCO2eRevenue: $M 18,485Scope 1 Intensity: 10.03 tCO2e/$M

How does Leonardo's GHG emissions intensity compare to its peers?

In 2024, Leonardo reported a Scope 1 emissions intensity of 10.03 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.96, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Leonardo rank on GHG emissions intensity within its industry?

In 2024, Leonardo ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Leonardo is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Leonardo's Total Carbon Footprint

In 2024, Leonardo reported a total carbon footprint of 5,569,436 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.51% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Leonardo's total carbon footprint was Scope 3 emissions, accounting for 92.79% of the company's total carbon footprint, followed by Scope 2 emissions at 3.89%.a

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