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Greener Living

Singapore Airlines Flags Climate-Related Costs as Emissions Rise

Singapore Airlines Ltd. aircraft at Changi Airport in Singapore.Photographer: Ore Huiying/Bloomberg

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.