Pegasus reports emissions via CDP (since 2015) and ICAO CORSIA frameworks with GHG Protocol methodology. Scope 1 (jet fuel) accounts for 79.5% of total reported emissions. Intensity improved: 61.3 gCO2/RPK in 2023, 58.3 in 2024. However, no publicly available absolute annual tonnes CO2e figure disclosed for FY2023 or FY2024—a material gap for a mid-to-large operator.

Pegasus acknowledges Scope 3 as 20.3% of total emissions, including fuel lifecycle (81% of Scope 3), purchased goods, capital goods, and employee commuting. Well-to-wake fuel emissions referenced. Scope boundary for wet-leased aircraft not clarified. No absolute Scope 3 tonnes disclosed. Aircraft manufacturing, downstream passenger travel, and airport operations not clearly addressed.

Fleet renewal and operational efficiency drove 10.6% intensity reduction (65.2 gCO2/RPK in 2019 baseline to 58.3 in 2024). Fleet grew from 95 to 118 aircraft (24% capacity increase). Global aviation absolute emissions grew 6.7% YoY in 2024 per IATA. No absolute emissions reduction evidenced. Intensity-only reporting while capacity expands masks probable absolute growth.

Ground electricity balanced via I-REC certificates at Istanbul HQ and Sabiha Gökçen Airport (2022–2024). Solar panels power mobile stairs; 22.5% of ground equipment electrified. Jet fuel is 99.44% of Scope 1+2 emissions. SAF deployment described as 'select flights' from Izmir, Ankara, France, UK with no tonnes or percentage disclosed. 2025 EU ReFuelEU mandate (2% SAF) is regulatory, not leadership.

No TNFD-aligned disclosure found. Environmental policy references natural resource monitoring (water, energy) but no quantified nature footprint, deforestation commitment, or biodiversity assessment. Waste reduction and recyclable packaging initiatives noted. No nature-positive commitment or formal biodiversity-specific policy in public domain.

Recyclable packaging separation on all flights (partnered with Pendik Municipality, from 2024, directed to certified recycler). On-demand catering reduces food waste. Cardboard reduction in sandwich packaging documented. No measurable circular economy targets, verified tonnage data, or supplier material sustainability requirements publicly disclosed.

Environmental policy references water consumption monitoring and efficiency improvement. No water consumption data in cubic metres, reduction targets, watershed engagement, or discharge compliance data disclosed. Aviation has low inherent water intensity; primary impacts relate to facilities and catering. No formal water stewardship programme identified.

SBTi validation absent—not listed on SBTi dashboard. Company commits to reduce gCO2/RPK by 20% by 2030 vs. 2019 baseline (intensity-only target, not absolute reduction). Net zero by 2050 via IATA collective pledge. 2030 intensity target aligns with TPI 1.5°C pathway (self-assessed). Chooose passenger offset platform voluntary; CORSIA offsets are regulatory compliance, not leadership.

Sustainability Director reports to CEO; Sustainability Steering Committee oversees strategy; quarterly Board reporting. CDP Climate Change A- score for three consecutive years (including 2023). BIST Sustainability 25 Index member; 82% LSEG ESG score (2024). UN Global Compact signatory (2019). Annual sustainability reports published. Sustainability-linked financing with second-party opinion. No TCFD/CSRD disclosure; intensity-only metric reporting limits score.

Pegasus is an IATA member. InfluenceMap rates IATA E+ (most obstructive tier globally), documenting sustained lobbying to block EU ETS extension, weaken CORSIA, and oppose kerosene taxation. IATA continues fighting binding aviation emissions regulation and full Paris Agreement inclusion (2021–2025 reports). Pegasus has published no distancing statement or lobbying audit. No non-CO2 effects acknowledgement despite January 2025 EU regulatory requirement.