Greener Living
Singapore Airlines Flags Climate-Related Costs as Emissions Rise
Takeaways by Bloomberg AI
Singapore Airlines Ltd. has warned it faces cost challenges from climate-related compliance as emissions rise on growing passenger and freight volumes.
The group anticipates that the category, which includes the use of credits under the Carbon Offsetting and Reduction Scheme for International Aviation, could have a “high risk” impact of more than S$200 million ($156 million) by 2030, according to a sustainability report published Wednesday.