The new EU mandate is going to help corporate clients to navigate their way through the voluntary maze of Sustainable Aviation Fuel (SAF).The European Parliament on Wednesday adopted a deal to set binding targets for airlines in Europe to increase their use of SAF. The approved proposal aims to increase demand and supply of Sustainable Aviation Fuel, which has lower CO2 emissions than fossil fuel kerosene.
Fuel suppliers must ensure that 2% of fuel made available at EU airports is SAF in 2025, rising to 6% in 2030, 20% in 2035, 34% in 2040, 42% in 2045, and 70% in 2050.
Aside from not travelling, SAF is now recognised as the next most effective way of reducing air travel emissions. The new mandate sends a clear signal that SAF is the right path to follow. However, the speed and impact of mandates in the medium term (next 10 years) will be insufficient for corporate clients – who now needing to declare emissions through the Corporate Sustainability Reporting Directive (CSRD) will wish to show how they are reducing these emissions.
I wonder if an S8 voluntary direct purchase will become the minimum target for many clients from 2025…. (to take the combined reduction over 10%) ... And S9 minimum purchase from 2030 for a combined (voluntary [9] + mandate [6] reduction of 15%?
It does feel to me that this combination of Voluntary and Mandated actions will play an important role together for the next 15 years at least.
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