Insights
Türkiye's leading low-cost carrier completed a GRI and CSRD/ESRS-aligned double materiality assessment grounded in genuine stakeholder input.
Pegasus Airlines is Turkey's leading low-cost carrier, carrying 43.3 million guests to 156 destinations across 54 countries in 2025 from its home base at Istanbul Sabiha Gökçen. Since relaunching as a low-cost operator in 2005, the airline has built one of the youngest fleets in commercial aviation — an average age of 5.3 years, the second-youngest fleet globally and the youngest across Turkey and Europe — with next-generation Airbus A320neo and A321neo aircraft making up 88.4% of the fleet. Pegasus has published a dedicated Sustainability Report and a Sustainability-Linked Finance Framework, and set a 2030 emissions-intensity target of 52.1 grams of CO2 per revenue passenger kilometer, a 20% reduction against its 2019 baseline.
A 20% reduction against its 2019 baseline, per Pegasus's public emissions-intensity target.
Achieved since 2019, while passenger volume grew 40.6% over the same period.
Global Environmental Sustainability Airline of the Year.
Semtrio structured a double materiality assessment for Pegasus Airlines, aligned with GRI and CSRD/ESRS requirements, to identify and prioritize the sustainability topics most relevant to its business and stakeholders.
Our Process
The assessment moved through five chronological stages:
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