JetBlue Airways Corporation
Primary Climate Goal
JetBlue Airways Corporation's target annual Scope 1 + 2 emissions for 2040 should be equal to 0 Kt = 0% * 4,087 Kt, according to the company's stated climate goal.
In order to achieve this goal, JetBlue Airways Corporation would need to reduce its emissions at least by -204 Kt per annum over the period from 2021 to 2040:
-204 Kt = ( 0 Kt - 4,087 Kt ) / (2040 - 2020)
This translates into a -5% reduction in 2021.
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.
JetBlue Airways Corporation aims to achieve carbon neutrality for Scope 1 + 2 by 2040
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.
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
JetBlue Airways Corporation reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 4,087 Kt (-4,669 /-53.3% y-o-y). At the same time, carbon intensity took off to 1,382 t (+300/+28% y-o-y).
JetBlue Airways Corporation's Scope 3 emissions tumbled to 828 Kt (
The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2040, which translates into the estimated reduction of -204 Kt per annum over the period of FY2021 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
JetBlue Airways Corporation aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2040. 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.
JetBlue Airways Corporation also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. JetBlue Airways commits to reduce well-to-wake scope 1 and 3 GHG emissions related to jet fuel 50% per revenue tonne kilometer by 2035 from a 2019 base year.* *Non-CO2e effects which may also contribute to aviation induced warming are not included in this target. JetBlue Airways commits to publicly report on non-CO2e impacts of aviation over its target timeframe