Geography
United Kingdom
Sector
Market cap (Group)
large
ISIN
ES0177542018
SEDOL
B5M6XQ7
CA100+ engagement
No

Management Quality: IAG

Assessment Date:

Assessment of IAG according to the management of its greenhouse gas emissions and of risks and opportunities related to the low-carbon transition.

Assessment Date:

Current level

4

Strategic Assessment

0
1
2
3
4
Nr of assessments: 2
Number of assessments: 2

Level 0: Unaware of Climate Change as a Business Issue

1. Does the company acknowledge climate change as a significant issue for the business?

Level 1: Acknowledging Climate Change as a Business Issue

2. Does the company recognise climate change as a relevant risk and/or opportunity for the business?

3. Does the company have a policy (or equivalent) commitment to action on climate change?

Level 2: Building Capacity

4. Has the company set greenhouse gas emission reduction targets?

5. Has the company published information on its Scope 1 and 2 greenhouse gas emissions?

Level 3: Integrating into Operational Decision Making

6. Has the company nominated a board member or board committee with explicit responsibility for oversight of the climate change policy?

7. Has the company set quantitative targets for reducing its greenhouse gas emissions?

8. Does the company report on Scope 3 emissions?

9. Has the company had its operational (Scope 1 and/or 2) greenhouse gas emissions data verified?

10. Does the company support domestic and international efforts to mitigate climate change?

11. Does the company disclose its membership and involvement in trade associations engaged in climate issues?

12. Does the company have a process to manage climate-related risks?

13. Does the company disclose Scope 3 use of product emissions?

Level 4: Strategic Assessment

14. Has the company set long-term quantitative targets for reducing its greenhouse gas emissions?

15. Does the company's remuneration for senior executives incorporate climate change performance?

16. Does the company incorporate climate change risks and opportunities in their strategy?

17. Does the company undertake climate scenario planning?

18. Does the company disclose an internal price of carbon?

19. Does the company ensure consistency between its climate change policy and the positions taken by trade associations of which it is a member?

Carbon Performance IAG

Carbon Performance alignment of companies in the IAG sector with the Paris agreement benchmarks.

Assessment Date:
TPI notes:

The company discloses an emissions intensity and target using an activity measure and/or emissions figure that is inconsistent with TPI’s methodology for this sector. The carbon intensity has been recalculated according to TPI methodology. In calculating the targets for 2020 and 2025, TPI assumes that the ratio of the company's reported 'Equivalent Passenger Kilometres' to TPI's calculated 'Revenue Tonne Kilometres' remains constant between 2018 and 2025.