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Singapore Airlines

Singapore Airlines is a publicly listed company headquartered in Singapore. In 2021 its revenue was USD 5.52 billion. The company is the national airline of Singapore and flies to 98 destinations globally. Its business was significantly impacted by the COVID-19 pandemic. The number of passengers dropped from 35.8 million in 2019 to 0.6 million and 3.8 million in 2020 and 2021 respectively.

Ranking position
#53 /90
Total score
16.7 /100

12.1 /60
Core social indicators
4.0 /20
Just transition
0.6 /20

ACT score components

Performance score
3.5 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-90)


9.5 /100 #46

Material investment

7.8 /100 #46

Intangible investment

5.0 /100 #24

Sold products



31.8 /100 #60

Supplier engagement

33.3 /100 #24

Client engagement

35.0 /100 #30

Policy engagement

25.0 /100 #27

Business model

5.0 /100 #35

Act assessment

Leading practice

No leading practices were identified for this company.

Risks and opportunities


Singapore Airlines receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Despite plans to begin climate change scenario analysis, the company lacks a comprehensive long-term transition plan to reduce emissions. Moreover, Singapore Airlines’ 2050 net-zero target is undermined by its reliance on offsets. Based on the company’s performance in 2021, it is projected to greatly exceed its carbon budget between 2022 and 2036 . Without commitments to purchase low-carbon aircraft or fuels in the future and develop a long-term transition plan, it is unlikely that the company will align with its 1.5°C pathway.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core social assessment

More about the company

Singapore, Singapore
USD 5.52 billion
Publicly listed