American Airlines Group Inc
Primary Climate Goal
American Airlines Group Inc's target annual all Scopes emissions for 2050 should be equal to 0 Kt = 0% * 48,522 Kt, according to the company's stated climate goal.
In order to achieve this goal, American Airlines Group Inc would need to reduce its emissions at least by -1,733 Kt per annum over the period from 2023 to 2050:
-1,733 Kt = ( 0 Kt - 48,522 Kt ) / (2050 - 2022)
This translates into a -3.6% reduction in 2023.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
American Airlines Group Inc aims to achieve net zero for all Scopes by 2050
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
American Airlines Group Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 34,755 Kt (+5,747/+20% y-o-y). At the sime time, carbon intensity tumbled to 710 t (-261 /-26.9% y-o-y).
American Airlines Group Inc's Scope 3 emissions increased to 13,767 Kt (
The company is committed to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -1,733 Kt per annum over the period of FY2023 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
American Airlines Group Inc also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. American Airlines Group Inc. commits to reduce well-to-wake GHG emissions related to jet fuel 45% per revenue ton kilometer from owned and subcontracted operations by 2035 from a 2019 base year. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks. **Non-CO2e effects which may also contribute to aviation induced warming are not included in this target. American Airlines Inc. commits to report publicly on its collaboration with stakeholders to improve understanding of opportunities to mitigate the non-CO2e impacts of aviation annually over its target timeframe. American Airlines Group Inc. also commits to reduce absolute scope 2 GHG emissions by 40% over the same target timeframe