Avis Budget Group

Trucking

CAR

$ 180 (0.65)%

Share price

$ 7 bn

Market Cap

$ 32 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

4.6x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -8% weighted average for S&P 500

FY2021

Avis Budget Group aims to reduce Scope 1 + 2 by 30% by 2030 from a base year 2018

This target is most likely outdated and the company appears to have already achieved it

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Avis Budget Group reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 4,958 Kt (-2,038 /-29.1% y-o-y). At the same time, carbon intensity skyrocketed to 918 t (+155/+20% y-o-y).

Avis Budget Group reported Scope 3 emissions for the the twelve months ending31 December 2020 at 14

The company is committed to reducing Scope 1 + 2 by 30% by 2030 from a base year 2018, which it appears to have already achieved as of 2020. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	4,958	4,920	38	14	5,402	918
2019Q4	6,996	6,953	43		9,172	763
2018Q4	6,872	6,827	45		9,124	753