AerCap Publishes ESG Report for 2023

Core Insights - AerCap Holdings N.V. published its seventh annual Environmental, Social, and Governance (ESG) Report for the year ended December 31, 2023, highlighting its commitment to sustainable business growth [1][2] Group 1: ESG Ratings and Fleet Modernization - AerCap's ESG ratings have improved, with MSCI upgrading it to 'AA' in September 2023 and Morningstar Sustainalytics to 'Low Risk' in April 2024 [1] - The company has invested approximately $50 billion in new technology aircraft since 2014, ensuring its fleet is composed of around 70% new technology aircraft by net book value and 80% new technology engines as of December 31, 2023 [1][2] Group 2: Emissions and Diversity Initiatives - AerCap achieved a 15% reduction in indirect Scope 3 emissions intensity over the last decade, despite doubling its fleet size during this period [1] - The company made progress on its Diversity, Equity, Inclusion, and Belonging (DEIB) framework, conducting focus groups and training sessions throughout 2023 [1] Group 3: Community Engagement and Industry Collaboration - AerCap donated over $800,000 to charitable and social causes in 2023, demonstrating its commitment to community engagement [1] - The company engaged with regulatory authorities and the aviation industry on policy and decarbonization matters, enhancing its situational awareness [1][2]