MARKET STRUCTURE · USA

Voluntary SAF progs by airlines will provide value proposition for cos in reducing carbon footprints: Airbus official

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Airlines participating in voluntary sustainable aviation fuel (SAF) initiatives can significantly reduce carbon footprints, which is crucial for corporate sustainability efforts.
Voluntary SAF progs by airlines will provide value proposition for cos in reducing carbon footprints: Airbus official
Why it matters
Airbus has advocated for voluntary sustainable aviation fuel (SAF) programs among airlines, asserting that these initiatives can provide significant value for corporations aiming to reduce their carbon footprints. The head of SAF development at Airbus noted that the collection of feedstock for SAF production could yield substantial socio-economic benefits in India, where there is an abundance of biomass and agricultural residue. By integrating SAF initiatives into corporate social responsibility (CSR) frameworks, companies can meet their CSR obligations while promoting sustainability. The Indian government is expected to introduce a SAF policy soon, with targets for blending SAF into jet fuel set for 2027, 2028, and 2030. Airbus believes that voluntary demand for SAF can help differentiate airlines and enhance the business travel experience by offering lower carbon footprint options.
Source

Read full article on Economic Times →

Topics

Climate & Environment Climate Change Sustainability

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