Amadeus IT Group

Amadeus IT Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 14 Kt (-1.3 /-8.9% y-o-y). Also positively, carbon intensity decreased to 4.3 t (-1.6 /-27.1% y-o-y).

Amadeus IT Group's Scope 3 emissions declined to 0.37 Kt (-2.5 /-87.3% y-o-y). This is a higher rate of decline than over the period since 4Q'18 (-55.7% CAGR).

The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2050, which translates into the estimated reduction of -0.47 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Amadeus IT Group aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2050. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.