GlobalData offers a comprehensive analysis of Bombardier, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Bombardier‘s ESG performance. GlobalData’s company profile on Bombardier offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Bombardier, a multinational aerospace and transportation corporation, has established a goal to achieve net-zero emissions by 2050, aiming to decrease its greenhouse gas (GHG) emissions by 25% by 2025 compared to the 2019 baseline. According to its 2022 ESG report, the company reported Scope 1 emissions of 69,716 (tCO2e) and Scope 2 emissions of 22,586 (tCO2e). Additionally, overall greenhouse gas (GHG) emissions (Scope 1 and 2) experienced a 10% reduction compared to 2019, while water consumption demonstrated a 49% decrease compared to the levels recorded in 2019.
Bombardier is actively working on reducing its carbon emissions and has made progress in several areas. The company has completed the research and publication of Environmental Product Declarations (EPDs) for its products, making it the first and only business aircraft manufacturer to do so. These EPDs provide a comprehensive view of the emissions impact of Bombardier's products throughout their lifecycle, enabling the design engineering group to make environmentally conscious decisions for future aircraft.
In addition to product-related emissions, Bombardier is also focusing on other scope 3 emissions categories such as employee commuting and non-product related suppliers. Building complete and reliable scope 3 emissions reporting is a significant endeavor for the company, and it is well underway in achieving this goal. Scope 3 emissions for an aircraft manufacturer mainly include emissions related to its products, supply chain, and the operation of aircraft during their lifetime.
To achieve its emission reduction targets, Bombardier has taken several steps. The company has committed to using Sustainable Aviation Fuel (SAF) and has made yearly investments to directly reduce its scope 1 emissions. It is also embedding investments toward greener aircraft into its financial plans, including research and development for developing aircraft with significantly lower emissions. Bombardier is also implementing sustainable practices in its facilities, such as using renewable energy sources, improving energy efficiency, and reducing water consumption.
Overall, Bombardier is actively working towards achieving its GHG targets including net zero by 2050. Its efforts include the publication of EPDs, investments in SAF, and sustainable practices in its facilities. By taking these steps, Bombardier aims to contribute to a low-carbon economy and mitigate the environmental impacts of its operations.
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