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SAVi Report

Friday 20 February 2026 in SAVi Fives

SAVi Five: Air France-KLM misses bond SPT but more than doubles SAF usage, Trump’s EPA decision, and more…

Eduardo Mariz
Senior Analyst and Sustainability Lead at Ishka
eduardo@ishkaglobal.com
Justine El Amrani-Joutey
Analyst at Ishka
justine@ishkaglobal.com

Air France-KLM confirmed this week that it “has not achieved” the emissions intensity sustainability performance target (SPT) by 2025 included in its 2023 sustainability-linked bonds, triggering a redemption premium for one set of bonds and a 0.375% step-up for the other.

Air France-KLM confirmed this week that it “has not achieved” the emissions intensity sustainability performance target (SPT) by 2025 included in its 2023 sustainability-linked bonds, triggering a redemption premium for one set of bonds and a 0.375% step-up for the other.

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