Climate Change Data

International Air Transport Association (IATA)

Climate Impact & Sustainability Data (2016 to 2021, 2018 to 2023, 2023-07-01 to 2023-09-30)

Reporting Period: 2016 to 2021

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Sustainable Finance

Climate Goals & Targets

Environmental Challenges

  • Lack of common definition and standard for green bonds
  • Greenwashing risks
Mitigation Strategies
  • Analysis of factors explaining greenium (premium for green bonds)
  • Focus on credibility of green bonds and issuers (external review, green sectors, UNEP FI commitment)

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ICMA Green Bond Principles (GBP)

Reporting Period: 2018 to 2023

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

  • Sustainable Finance
  • Carbon Emissions
  • Physical Risk

Environmental Achievements

  • Developed harmonized statistical indicators on climate-related risks for the euro area financial sector.
  • Substantially increased data coverage for carbon emission indicators (from 47% to 85% for certain loan portfolio indicators) through novel imputation methods.

Social Achievements

  • Not disclosed

Governance Achievements

  • Established a common methodological framework for indicators, ensuring comparability across countries and time frames.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Develop forward-looking emissions indicators.
  • Include Scope 3 emissions in the analysis.
  • Broaden the scope of reported exposures to include central banks, sovereign and supranational bonds, and mortgages.
  • Improve location information in physical risk assessment by exploring national data sources.
Short-term Goals:
  • Refine imputation strategies for carbon emission and financial data.
  • Impute Scope 2 emissions for bank loans using Input-Output tables.

Environmental Challenges

  • Data gaps in carbon emissions and financial information.
  • Methodological challenges in constructing meaningful carbon emission indicators across countries and over time.
  • Uncertainties in climate data and scenarios for physical risk indicators.
  • Limited data on climate adaptation strategies.
  • Difficulty in capturing secondary effects of physical risks (e.g., supply chain disruptions).
Mitigation Strategies
  • Developed novel imputation methods for missing data.
  • Adjusted indicators to account for price and exchange rate effects.
  • Incorporated a balancing approach to accommodate compositional changes over time.
  • Introduced a time series decomposition to distinguish between decarbonization and investment decisions.
  • Incorporated collateral and insurance coverage into physical risk assessments.
  • Exploring national sources of location information on businesses to improve physical risk assessment.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Windstorms
  • Wildfires
  • Droughts
  • Heat stress
  • Water stress
Transition Risks
  • Exposure to carbon-intensive counterparties.
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: TCFD, PCAF

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-07-01 to 2023-09-30

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

  • Sustainable Aviation Fuel (SAF)
  • Net-zero carbon emissions by 2050

Environmental Achievements

  • Airlines committed to net zero carbon dioxide emissions by 2050.
  • Increased number of SAF offtake agreements.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Net zero carbon dioxide emissions from aviation by 2050
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • High jet fuel prices
  • Economic slowdown impacting air travel affordability
  • Geopolitical uncertainty
  • Supply chain disruptions
  • High inflation
  • Potential increase in unemployment
Mitigation Strategies
  • Development and adoption of Sustainable Aviation Fuel (SAF)
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Sustainable Aviation Fuel (SAF)

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Sustainable Aviation Fuel (SAF)

Awards & Recognition

  • Not disclosed