SIA, Scoot customers can opt to pay more to reduce carbon footprint through sustainable aviation fuel credits

A total of 1,000 SAF credits will be available for sale, said CAAS, SIA and Temasek in a joint media release.

SIA’s corporate customers and freight forwarders can purchase the SAF credits directly from SIA, mitigating carbon emissions related to their flights.

Meanwhile, freight forwarders can sell the credits to their downstream clients to reduce carbon emissions from their business operations.

The sale of the credits is part of a CAAS-SIA-Temasek pilot announced in November last year to advance the use of sustainable aviation fuel in Singapore. 

The one-year trial will see all SIA and Scoot flights flying out of Changi Airport using a blend of refined jet fuel and neat SAF, which refers to sustainable fuels that are unmixed or undiluted, from the third quarter of this year.

The credits will be generated from the 1,000 tonnes of neat SAF and are expected to cut carbon dioxide emissions by 2,500 tonnes.

Every credit purchased will help to reduce 2.5 tonnes of carbon dioxide emissions, according to the media release.

“The launch of the SAF credits provides customers including corporate and individual travellers, and freight forwarders an avenue to do their part for the environment, and reduce their carbon footprint,” it added.

SIA will also partner Climate Impact X to introduce a bundled portfolio consisting of SAF credits and carbon credits.

The product will be designed to meet corporate demand for SAF while balancing affordability, stated the media release.

To ensure transparency, the SAF credits will be registered as part of a pilot project within global membership organisation Roundtable on Sustainable Biomaterials’ booking and claiming system.

For all the latest business News Click Here 

Read original article here

Denial of responsibility! TechAI is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.