Leonardo

Aerospace & Defense / Security & Alarm Services

LDO.MI

€ 14 0.15

Share price

$ 8.3 bn

Market Cap

$ 13 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

1.1x the weighted average for S&P 500

FY2021

Primary Climate Goal

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

FY2022

Leonardo aims to reduce Scope 1 + 2 by 4% by 2025 from a base year 2019

This target is most likely outdated and the company appears to have already achieved it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

Leonardo reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 479 Kt (-130 /-21.3% y-o-y). Also positively, carbon intensity plummeted to 29 t (-10 /-26.5% y-o-y).

Leonardo's Scope 3 emissions increased to 220 Kt (+13/+6.3% y-o-y). There has been no consistent trend in recent years.

The company is committed to reducing Scope 1 + 2 by 4% by 2025 from a base year 2019, which it appears to have already achieved as of 2021. 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)
2021Q4	479	263	216	220	16,776	29
2020Q4	609	360	249	207	15,702	39
2019Q4	600	333	267	282	15,492	39
2018Q4	549	287	262	311	14,471	38
2017Q4	536	257	279	261	13,246	41
2016Q4	562	271	291	299	13,227	43
2015Q4		273		307	14,556