The report details the company's financial and sustainability performance during FY 2021. The company's financial performance was heavily impacted by the COVID-19 pandemic, and its sustainability efforts included a 34.0% reduction in CO2 emissions compared to the previous year. The report also highlights the company's commitment to the transition to more sustainable air travel, including its efforts to promote aircraft efficiency and the use of sustainable aviation fuels (SAF). SAS has continued to renew its aircraft fleet and phased out older aircraft at a faster rate during the year. In addition, SAS has continued to work to reduce its total CO2 emissions by 25% by 2025 compared to 2005. The report also provides details on the company's financial position, including its financial net debt, and its equity/assets ratio. The report further includes information about the company's efforts to promote equality and diversity in the workplace, including its commitment to a zero-tolerance policy toward all forms of harassment.
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SAS AB (Scandinavian Airlines System) 2021 Annual and Sustainability Report
Issuing Company SAS AB (Scandinavian Airlines System)
Report Type Integrated Report
Report Language EN
Report Filesize 6.02 MB
No. of Pages 143 pages
Reporting periodNovember 1, 2020-October 31, 2021
Report EditionUnknown
Assurance Provider KPMG
Reporting Standards GRI: Core option
Materiality Assessmenttrue