KLM Royal Dutch Airlines 2020 Annual Report with Sustainability Disclosures
Company: KLM Royal Dutch Airlines
Sector: Transport & logistics
Country: Netherlands
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 107
The report describes how the company faced a sharp pandemic-driven revenue decline while continuing its sustainability transition. KLM reported 2020 revenues of EUR 5.1 billion, set 2030 goals to reduce absolute CO2 emissions by 15 per cent and passenger-intensity emissions by 50 per cent against 2005, and purchased 191 tonnes of Sustainable Aviation Fuel. The report also highlights that 62 per cent of KLM's ground equipment was electric and that the crisis accelerated workforce and restructuring measures.
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