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AerCap Publishes Corporate Responsibility Report for 2024
AerCap N.V.AerCap N.V.(US:AER) Prnewswireยท2025-04-24 12:16

Core Insights - AerCap Holdings N.V. published its eighth annual Corporate Responsibility Report for the year ended December 31, 2024, highlighting its commitment to responsible and sustainable business growth [1][2] Environmental, Social, and Governance (ESG) Commitments - The report details AerCap's ESG initiatives, including a new target to achieve approximately 85% new technology assets by 2030, which encompasses aircraft, engines, and helicopters, marking an industry first [4][7] - AerCap has invested approximately $55 billion in new technology aircraft over the last decade, more than any other airline or lessor, contributing to lower operating costs and carbon emissions for airline customers [4][7] - The company improved its Scope 3 emissions intensity by approximately 2% across its fleet in 2024 and achieved a 17% reduction in gCO2 per Available Seat Kilometer (ASK) over the last decade, despite doubling its fleet size [7] Corporate Responsibility and Community Engagement - In 2024, AerCap donated over $900,000 to charitable and social causes, demonstrating its commitment to community engagement [7] - The company successfully mitigated 100% of its unavoidable Scope 1, 2, and 3 emissions related to business travel, achieving a goal set in 2021 [7] Industry Position and Future Outlook - AerCap serves approximately 300 customers globally and is recognized as the global leader in aviation leasing, with a strong order book [5] - The company maintains an "AA" ESG rating from MSCI and has improved its Sustainalytics rating from "Medium Risk" to "Low Risk" [7]