Cathay Pacific to purchase 38 million US gallons of Sustainable Aviation Fuel from Aemetis

September 27, 2022 EcoVadis EN

Cathay Pacific announced today the signing of an offtake agreement with Aemetis for the supply of 38 million US gallons of blended Sustainable Aviation Fuel (SAF) to be delivered over seven years beginning in 2025 from San Francisco International Airport. The SAF purchased can reduce more than 80,000 tonnes of lifecycle carbon emissions, equivalent to the amount of carbon sequestered by more than 1.3 million tree seedlings grown for 10 years. The agreement is also part of the joint procurement initiative for SAF by the Oneworld alliance, of which Cathay Pacific is a founding member.

Chief Executive Officer Augustus Tang said: “Cathay Pacific continues to reaffirm its commitment to addressing climate change despite these challenging times. In the past few years, we have announced our carbon net-zero by 2050 target and our goal of achieving 10% use of SAF by 2030. In doing this, we have built a robust SAF procurement strategy to help meet our goals. We are pleased that this agreement with Aemetis will contribute to that effort, and we hope it will also send the right signal to the SAF industry to encourage the much-needed investment and scaling up of its supply chain.”


Read the full article at: asianaviation.com

About the Author

EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis EN
Previous Article
European bill passes to ban imports of deforestation-linked commodities
European bill passes to ban imports of deforestation-linked commodities

Imports of 14 types of commodities into the European Union will soon have to be verified for possible assoc...

Next Article
How smart companies are meeting ESG objectives and maintaining bottom line
How smart companies are meeting ESG objectives and maintaining bottom line

Environmental, Social, and Governance (ESG) is shaping up to be the corporate mantra of the 2020s, with the...

×

Don’t Miss a Thing
Get sustainable procurement news from around the world straight to your inbox

Subscribe →

First Name
Last Name
Opt in to receive more information from EcoVadis
Thank you!
Error - something went wrong!