Net Zero Strategies in Aerospace, Defense, and Security – Thematic Intelligence
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Net Zero Strategies in Aerospace, Defense, and Security Thematic Overview
Net zero means cutting greenhouse gas emissions (GHG) to as close to zero as possible. Any remaining emission is then ‘offset.’ Firms that achieve net zero emissions are called “carbon neutral.” Companies are under pressure to cut emissions as countries aim to achieve their climate commitments. Primarily, they aim to achieve net zero operations by reducing their Scope 1 and 2 emissions and purchasing offsets. Most airline emissions fall under the Scope 1 category, which covers emissions from assets owned by the company. Furthermore, to achieve their net zero emissions across the value chain, companies need to reduce their Scope 3 emissions as for many players it is the largest and most difficult to measure and reduce.
Most emissions in the ADS sector are Scope 3 because of the substantial emissions from commercial aircraft, manufactured by firms like Boeing and Airbus. The proportion of Scope 3 to Scope 1 and 2 emissions will be reduced if sustainable aviation fuel is more widely adopted.
The “Net Zero Strategies in Aerospace, Defense, and Security” thematic intelligence report gives you an in-depth insight into the net zero targets and performance of 20 leading ADS companies. The report elucidates the importance of a net zero strategy in the ADS sector along with the progress made by the leading retailers to achieve the emission target. These detailed analyses are critical in developing effective business plans to gain a competitive edge.
A Stylized Net Zero Strategy
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Leading Companies | · Airbus
· BAE Systems · Northrop Grumman |
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Aerospace, Defense, and Security Sector – Decarbonization Strategies
Increasing innovation in eVTOL (electric vertical take-off and landing) vehicles, commissioning carbon capture plants to produce green hydrogen, and transitioning to sustainable aviation fuels (SAF) are a few of the decarbonization strategies followed in the ADS sector.
Sustainable Aviation Fuels (SAFs): SAFs have the greatest potential among any current technologies to reduce emissions in the ADS industry. However, scaling SAF production faces various logistical, macroeconomic, political, and technical challenges, including lack of feedstock availability, uneven market participation, and regulatory complexity. Presently, hydrotreatment accounts for the bulk of SAF production. But other methods, such as alcohol to jet (ATJ-SPK), gasification, and power to liquid (PTL), are also being explored to meet the changing needs of the ADS sector. Companies across the commercial aviation value chain have been proactive in announcing SAF usage targets and securing future supplies.
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Aerospace, Defense, and Security Sector - Net Zero Strategies of Leading Companies
A few aerospace, defense, and security companies practicing net zero strategies are Airbus, BAE Systems, Northrop Grumman, and others. Airbus’ emission reduction target includes contributing to the IATA, ATAG, and ICAO’s ambition of net-zero carbon emission by 2050. For this purpose, Airbus has also experimented with micro-mobility solutions, which could, in time, disrupt the helicopter industry.
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Scope
The report provides:
- The leading defense companies’ emissions targets and performance.
- Different methods of improving environmental performance.
- Highlights from the development programs currently being undertaken by various military organizations and defense companies.
Key Highlights
- Decarbonization is becoming the focal point of ESG.
- Analysis of the various environmental programs and projects currently under development, as well as the impact of emerging technologies are provided.
Reasons to Buy
- Assess how major defense companies perform in terms of emissions targets and get a picture of all their emissions in one place.
- Identify leaders and laggards on the road to net zero.
Babcock
BAE Systems
Boeing
Elbit Systems
Hanwha
Honeywell
Huntington Ingalls Industries
L3Harris
Leidos
Leonardo
Lockheed Martin
Mitsubishi Heavy Industries
Northrop Grumman
QinetiQ
Rafael
RTX
Safran
Thales
ThyssenKrupp
Table of Contents
Frequently asked questions
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What does net zero emission mean?
Net zero means cutting greenhouse gas emissions (GHG) to as close to zero as possible.
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What are the key technologies used by the aerospace, defense, and security industry to reduce emissions?
The ADS industry uses Sustainable Aviation Fuels (SAFs); electrification; and carbon capture and hydrogen to reduce emissions.
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Which are the leading companies working on net zero emission in the aerospace, defense, and security sectors?
A few aerospace, defense, and security companies evaluated in this report are Airbus, BAE Systems, Northrop Grumman, and others.
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