June 15, 2024

Cathay and Singapore Airlines join forces on net zero goals

Cathay Pacific and Singapore Airlines have signed a Memorandum of Understanding (MoU) to collaborate on a host of sustainability initiatives.

The agreement, which focuses on two key areas, underscores a shared commitment to achieving net zero carbon emissions by 2050.

Both airlines will advocate for the greater use of sustainable aviation fuel (SAF) in the Asia-Pacific region. Initiatives include raising public awareness about SAF’s critical role in decarbonising aviation, highlighting supportive policies in the region and promoting the creation of a standard global accounting and reporting framework to ensure the transparency and verifiability of emission reductions.

The second focus, meanwhile, will be the exchange of best practices to reduce single-use plastics, minimise waste and improve energy efficiency in ground and cargo operations.

Ronald Lam, CEO at Cathay Group, said: “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.” 

Goh Choon Phong, CEO at Singapore Airlines, added: “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.”