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ANA Holdings (All Nippon Airways)

ANA Holdings is a publicly listed company headquartered in Japan. In 2020 its revenue was USD 9.56 billion. ANA is the largest airline in Japan by revenue and passenger numbers. It controls several subsidiary passenger carriers and is also a major shareholder in Peach, a low-cost carrier.

Ranking position
#21 /90
Total score
31.4 /100

21.4 /60
Core social indicators
10.0 /20
Just transition
0.0 /20

ACT score components

Performance score
5.0 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-90)


10.0 /100 #39

Material investment

0.0 /100 #53

Intangible investment

5.0 /100 #24

Sold products



63.8 /100 #9

Supplier engagement

50.0 /100 #11

Client engagement

57.5 /100 #7

Policy engagement

45.0 /100 #8

Business model

12.5 /100 #15

ACT assessment

Leading practices

Risks and opportunities


ANA Holdings receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Based on its current fleet, ANA is projected to greatly exceed its total 1.5°C carbon budget for the period 2021-2035. However, planned fleet modernisation should improve the company’s projections. ANA does not have a robust transition plan for the future. The company’s near-term emissions reduction target is not ambitious enough. Moreover, its long-term strategy is only limited to increasing the use of SAF, improving flight operations and adopting technologies that are currently in the R&D phase.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core social assessment

More about the company

Tokyo, Japan
USD 9.56 billion
Publicly listed