Air France-KLM
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Sustainable Aviation Fuel (SAF)
- Fleet Renewal
- Emissions Intensity Reduction
Environmental Achievements
- Achieved relative decoupling in 2022 with absolute emissions decreasing proportionally to capacity (RPK).
- 1.1% of fuel use in 2023 consisted of SAF, the third-highest among 13 airlines.
Social Achievements
- Not disclosed
Governance Achievements
- Air France is the most prolific airline in sustainable finance issuances, with 11 transactions tracked by Ishka from January 2022 until mid-2024.
- Targets have been validated by SBTi.
Climate Goals & Targets
Long-term Goals:
- 63% SAF by 2050.
Medium-term Goals:
- 30% less CO2 emissions per passenger/km by 2030 compared to 2019 (12% less in absolute terms).
- Incorporate at least 10% SAF on all flights by 2030.
Short-term Goals:
- 10% emissions intensity reduction by 2025 compared to 2019.
Environmental Challenges
- EU base exposes it to a variety of regulatory pressures (SAF mandates, EU ETS, incoming non-CO2 MRV) as well as heightened political and social scrutiny.
Mitigation Strategies
- Ongoing major re-fleet exercise is expected to deliver a 10% to 20% emissions intensity reduction.
- Pursuing carbon intensity reduction targets and making itself more accountable through the issuance of multiple sustainable finance transactions paired to its targets.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Equity investment in SAF producer DG Fuels
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Stricter regulation due to sensitivity to social disparities around CO2 emissions.
Opportunities
- Higher yielding premium traffic may help support ambitious environmental objectives including above-industry average SAF uptake.
Reporting Standards
Frameworks Used: SBTi
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed