SG brief: ComfortDelGro

ComfortDelGro taxis queue in Singapore. Photo by Benjamin Chan on UnsplashComfortDelGro taxis queue in Singapore. Photo by Benjamin Chan on Unsplash

ComfortDelGro‘s carbon emission reduction targets have been officially approved by the Science-Based Targets Initiative (SBTI), in a first for a Southeast Asian land-transport operator, the Singapore-listed company said in a filing to SGX Monday.

The carbon emission targets include a 54.6 percent cut to absolute scope 1 and scope 2 greenhouse gas emissions from operations, and a 61.2 percent cut in absolute scope 3 emissions from fuel and energy-related activity by 2032 from the baseline of 2019, before Covid-19, the filing said.