MTU Aero Engines

Aerospace & Defense

MTX.DE

€ 217 1.2

Share price

$ 13 bn

Market Cap

$ 13 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.12x the weighted average for S&P 500

FY2021

Primary Climate Goal

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

Weaker than the -9.3% weighted average for S&P 500

FY2022

MTU Aero Engines aims to reduce Scope 1 + 2 by 60% by 2030 from a base year 2019

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

GHG emissions and Carbon intensity

MTU Aero Engines reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 51 Kt (-24 /-31.4% y-o-y). Also positively, carbon intensity plummeted to 10 t (-5.8 /-36% y-o-y).

MTU Aero Engines's Scope 3 emissions was down at 1.1 Kt (-0.84 /-42.6% y-o-y). The decline accelerated compared to the CAGR of -31.7% since 4Q'16.

The company is committed to reducing Scope 1 + 2 by 60% by 2030 from a base year 2019, which translates into the estimated reduction of -2.4 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	51	40	11	1.1	4,971	10
2020Q4	75	36	36	2	4,657	16
2019Q4	74	33	41	6.9	5,202	14
2018Q4	72	37	40	6.6	5,400	13
2017Q4	74	34	40	6.7	4,400	17
2016Q4	78	37	41	11	5,216	15

MTU Aero Engines

Carbon footprint

Primary Climate Goal

MTU Aero Engines aims to reduce Scope 1 + 2 by 60% by 2030 from a base year 2019

GHG emissions and Carbon intensity

MTU Aero Engines's carbon footprint

Company environmental metrics