Cathay Pacific and SIA Partner on Greener Skies

Published on:
KnowESG_Cathay Pacific and SIA Partner on Greener Skies
Image courtesy of Bloomberg

Cathay Pacific and Singapore Airlines (SIA) joined forces to tackle sustainability challenges in the aviation industry.

They signed a collaboration agreement during the International Air Transport Association (IATA) meeting in Dubai.

Focus on Sustainable Aviation Fuel (SAF)

Both airlines share a goal of achieving net-zero carbon emissions by 2050. A key part of their plan is advocating for wider use of SAF, a cleaner alternative fuel for airplanes. They will work together to:

  • Raise public awareness about SAF's benefits for reducing emissions.

  • Encourage government policies that support SAF production and use in the Asia-Pacific region.

  • Develop a clear system for tracking and reporting emission reductions from SAF.

  • Explore options for buying SAF together at specific locations, which could increase production and make it more accessible.

Sharing Best Practices for Greener Operations

The airlines will also exchange ideas on how to be more sustainable on the ground. This includes reducing single-use plastics, minimising waste, and using energy more efficiently in cargo and other operations. By sharing knowledge, they can improve their environmental footprint faster and encourage others in the industry to do the same.

Mr Ronald Lam, Chief Executive Officer, Cathay Group, said: “As part of our collaborative ethos of ‘Greener Together’, we actively seek like-minded industry leaders for strategic partnerships in transitioning to sustainable aviation. Our collaboration with Singapore Airlines aims to accelerate and support the development of the SAF supply chain in the region, fostering a reliable SAF ecosystem to enable the industry to achieve its long-term decarbonisation goals. Cathay was one of the first airlines in Asia to set a target of 10% SAF for its total fuel consumption by 2030, and we are undertaking a multi-pronged approach to contribute to the aviation industry’s transition towards a greener future.”

Mr Goh Choon Phong, Chief Executive Officer, Singapore Airlines, said: “Singapore Airlines is committed to embedding sustainability in all aspects of our operations. At the same time, we recognise that we cannot achieve our targets alone. Our partnership with Cathay signifies our mutual ambition to enhance collaboration in sustainability initiatives in the Asia-Pacific region. Together we are helping to set the foundation for a more sustainable aviation industry, and ensure that future generations continue to reap the benefits of air travel.”

For more company-related news

Discover an extensive network of ESG providers here

Source: SIA

Share:
esg
esg
esg
esg

Companies Headlines

Simplify Carbon Accounting with Workiva Carbon

Simplify Carbon Accounting with Workiva Carbon

Ingka Group's Climate Goals Get Approval from SBTi

Ingka Group's Climate Goals Get Approval from SBTi

ENEOS, Mitsubishi Team Up for H2 and Decarbonised Fuels

Marubeni Delivers First Co-Processed SAF in Japan

Enserva Launches OnePath, Simplifying ESG Reporting

OMV's New Brand Identity Reflects Sustainability Focus

Chemours Leads Sustainability with Science-Based Goals

Avocado Green Mattresses Now OEKO-TEX® Certified

Africa's Coca-Cola: Green Solutions

Companies Embrace Sustainability Amid Greenwashing Worries