Boston Consulting Group has signed an agreement for the purchase of sustainable aviation fuel certificates (SAFc) with World Energy, the SAF producer and low-carbon solutions provider, according to a news release.
The agreement will run through 2028. It is expected to deliver an emissions reduction of 100,000 metric tons of CO2 over the next five years.
The SAF will be made with state-of-the-art technology, refining hydro-processed esters and fatty acids (HEFA) using waste fats, waste oils, and other residues as feedstocks. The SAFcs are expected to flow through the SAFc Registry, a globally accessible platform that aims to bring consistency and transparency to the SAF certificate market.
This is BCG’s largest SAF certificate purchase to date. It builds on BCG’s long-term engagement with the SAFc market, that began with its participation in the World Economic Forum-led Clean Skies for Tomorrow coalition in 2019. BCG is also a founding member of the Sustainable Aviation Buyers Alliance, and participant in its first collective procurement effort.
World Energy was the world’s first commercial-scale producer of SAF and currently offers the only SAF that is both Roundtable on Sustainable Biomaterials and CORSIA certified, delivering very low carbon intensity, achieving more than 80% emissions reductions over its lifecycle versus conventional jet fuel.
BCG’s investment allows the company to make a greenhouse gas reduction claim on climate disclosures, while the physical SAF flows to an aircraft operator.
