Allegiant Travel Company
ALGT
Industrials
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Allegiant Travel Company operates an airline at the core of its integrated travel business, with jet fuel combustion constituting the overwhelming majority of its greenhouse gas emissions. The company's disclosed carbon intensity, measured per revenue-ton-kilometer, places it among the higher-emitting carriers relative to its U.S. airline peers. While Allegiant has published a target to reduce its emissions intensity by 10% by 2030 against a 2019 baseline, this goal lacks the ambition and urgency of Science Based Targets initiative (SBTi) criteria, which is the emerging standard for credible corporate climate action in the aviation sector.
The company’s partnership with Schneider Electric, initiated in 2022, focuses on emissions reporting and management. However, Allegiant’s fleet strategy remains centered on older, less fuel-efficient aircraft models compared to industry leaders, which directly drives its higher emissions intensity. The company’s governance includes board-level oversight of sustainability, but its climate targets and reported progress indicate a pace of decarbonization that lags behind the trajectory required to align with the Paris Agreement.
Research Sources
1 organization
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
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