Singapore Airlines named Top Company for ESG leadership in Transportation Airlines sector

Singapore Airlines named Top Company for environmental, social and governance (ESG) leadership in Transportation Airlines sector

ESG Enterprise recognizes the company for the ESG leadership list.

Singapore Airlines (SGX: C6L) is among the country’s leaders for addressing environmental, social, and governance (ESG) issues, according to ESG Enterprise that determined this ESG leadership specialty list include environmental impact, human capital metrics, data privacy programs and practices, corporate social responsibility and net-zero initiatives, supplier diversity programs and practices, and leadership and governance practices.

Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines, SilkAir, and Scoot brands in East Asia, the Americas, Europe, South West Pacific, West Asia, and Africa.

About Singapore Airlines ESG

“Human capital development and ESG continue to rise in importance in the Transportation Airlines industry during the pandemic. Singapore Airlines is ahead of its peers in ESG best practices,” said Elena Spirina, Data Researcher of ESG Enterprise. The airline handling of COVID-19 supersedes most regional airlines with strong employee health controls through deployments of technology, systems and procedures.

During COVID-19, airlines around the world are facing unprecedent financial strains with over 70% decline in passengers’ travel in 2020 in the face of government travel restrictions and shutdowns. Singapore Airlines has set high bar in setting healthy environment and controls for both employees and passengers.

The airline ESG ratings perform well in preceding three months and expected to do well despite the pandemic. The firm is expected to release its sustainability report for FY 2020/2021 in a 2 to 3 months.

More information is available in the ESG Enterprise leadership list, which details the company’s commitment to customers and major ESG topics. Notable highlights of the report include addressing significant immediate and long-term needs of our climate change, which include wide-ranging SDG and SASB metrics.

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For more information, please visit our website https://www.esgenterprise.com to view the company’s ESG scores and risk profiles for free.

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