United Airlines

Airlines

UAL

$ 42 0.67

Share price

$ 14 bn

Market Cap

$ 31 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

29x the weighted average for S&P 500

FY2022

Primary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.5% weighted average for S&P 500

FY2023

United Airlines aims to achieve net zero for all Scopes by 2050

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

GHG emissions and Carbon intensity

United Airlines reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 30,565 Kt (+9,011/+42% y-o-y). At the sime time, carbon intensity plummeted to 680 t (-195 /-22.3% y-o-y).

United Airlines's Scope 3 emissions surged to 13,108 Kt (+7,547/+136% y-o-y). The growth accelerated relative to the long-term trend (+45% CAGR) observed since 4Q'20.

The company is committed to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -1,560 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.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q4	30,565	30,401	164	13,108	44,955	680
2021Q4	21,554	21,370	183	5,562	24,634	875
2020Q4	15,681	15,485	196	4,280	15,355	1,021
2019Q4	34,609	34,407	202	7,471	43,259	800
2018Q4	33,462	33,268	193	6,867	41,303	810

United Airlines

Carbon footprint

Primary Climate Goal

United Airlines aims to achieve net zero for all Scopes by 2050

GHG emissions and Carbon intensity

United Airlines's carbon footprint

Company environmental metrics