Wizz Air Holdings PLC

Common Name
Wizz Air Holdings
Country
Switzerland
Sector
Industrials
Industry
Airlines
Employees
8,044
Ticker
WIZZ
Exchange
LONDON STOCK EXCHANGE
Description
Wizz Air Holdings Plc is a leading low-cost airline company headquartered in Budapest, Hungary. Its primary function is to provide affordable air travel options across Europe, with a strong presence i...

Wizz Air Holdings's GHG Emissions Data Preview

In 2024, Wizz Air Holdings 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).

Wizz Air Holdings 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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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 Wizz Air Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Wizz Air Holdings amounted to 5,772,735.95 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 2023, the total operational greenhouse gas (GHG) emissions of Wizz Air Holdings increased by 19.95%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Wizz Air Holdings's Scope 1 Emissions Over Time

2020202120222023202401.5 M3 M4.5 M6 MtCO2e-66%+103%+82%+20%
  • Total Scope 1
  • Year-over-Year Change

What are Wizz Air Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Wizz Air Holdings were 5,771,643 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Wizz Air Holdings reduced its Scope 1 emissions over time?

Since 2020, Wizz Air Holdings's Scope 1 emissions have increased by 52.53%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Wizz Air Holdings's Scope 1 emissions increased by 19.96%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Wizz Air Holdings's Scope 2 emissions?

In 2024, Wizz Air Holdings reported Scope 2 greenhouse gas (GHG) emissions of 1,680.04 tCOâ‚‚e using the market-based method and 1,092.95 tCOâ‚‚e using the location-based method.

Has Wizz Air Holdings reduced its Scope 2 emissions over time?

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

What methodology does Wizz Air Holdings use for Scope 2 reporting?

In 2024, Wizz Air Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.

Wizz Air Holdings's Scope 2 Emissions Over Time

2020202120222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Wizz Air Holdings's Value Chain Emissions

In 2024, Wizz Air Holdings reported 1,773,192.98 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 2024 disclosure of Wizz Air Holdings includes a breakdown across 4 of 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.

Wizz Air Holdings's Scope 3 Emissions Over Time

2022202320240450 k900 k1.35 M1.8 MtCO2e+75%+28%
  • Total Scope 3
  • Year-over-Year Change

What are Wizz Air Holdings's Scope 3 emissions?

In 2024, Wizz Air Holdings reported total Scope 3 emissions of 1,773,192.98 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Compared to the previous year (2023), Wizz Air Holdings's Scope 3 emissions increased by 28.34%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Wizz Air Holdings disclose?

In 2024, Wizz Air Holdings 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 Wizz Air Holdings's Scope 3 emissions?

In 2024, the largest contributors to Wizz Air Holdings's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 1,202,266.88 tCOâ‚‚e (69.29%)
  • Capital Goods (Cat. 2): 372,984.21 tCOâ‚‚e (21.5%)
  • Purchased Goods and Services (Cat. 1): 121,085.3 tCOâ‚‚e (6.98%)

Wizz Air Holdings's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(7.0%)Capital Goods(Cat. 2)(21.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(69.3%)

Insights into Wizz Air Holdings's Total Carbon Footprint

In 2024, Wizz Air Holdings reported a total carbon footprint of 7,545,928.93 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.82% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Wizz Air Holdings's total carbon footprint was Scope 1 emissions, accounting for 76.49% of the company's total carbon footprint, followed by Scope 3 emissions at 23.5%.

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