Neste and SQUAKE Enable Businesses to Opt for Sustainable Aviation Fuel in Flight Booking Systems to Reduce Their Air Travel Related Carbon Emissions

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September 26, 2023

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(Neste) Neste and SQUAKE, a leading technology provider for powering carbon calculations and providing tangible compensation for all travel and logistics emissions, are announcing a strategic partnership that enables businesses to purchase Neste MY Sustainable Aviation Fuel™ through flight booking systems using SQUAKE’s technology.

Travel companies using SQUAKE’s technology infrastructure can now provide their business customers an opportunity to opt for sustainable aviation fuel (SAF), for instance during their booking process or by including SAF automatically in all bookings by the company.

Goodwings, a climate-focused travel management platform that helps businesses reduce their emissions, is the first travel management company to incorporate the option to purchase SAF in their booking platform. Goodwings enables their global client network to mitigate their emissions and fly more sustainably using Neste MY Sustainable Aviation Fuel. With SQUAKE’s technology embedded in Goodwings’ travel platform, all processes from SAF order creation and invoicing to document management are fully automated.

Neste, Goodwings and SQUAKE are proud to empower businesses and travelers towards building a more sustainable travel industry by accelerating use of SAF to significantly reduce air travel-related emissions.

“SAF has been around since 2008, and yet it only accounted for 0.1% of the world’s total jet fuel consumption in 2022. At Goodwings, we’re on a mission to change that. This strategic partnership brings together three businesses that share a deep commitment to changing the status quo of the travel industry. With Neste’s world class SAF, SQUAKE’s sustainable travel and logistics, and Goodwings’ innovative B2B business model, we’re primed and ready to accelerate the green transition,” said Christian Møller-Holst, CEO and founder of Goodwings.

“Neste is working closely together with innovative and industry-leading partners such as SQUAKE and Goodwings to leverage the full potential of sustainable aviation fuel to reduce greenhouse gas emissions from air travel. We are proud that this partnership broadens the opportunities for business travelers to voluntarily reduce the carbon footprint of their air travel by purchasing our SAF and credibly reporting the emission reductions achieved,” said Susanne Bouma, Head of Partnerships and Programs from the Renewable Aviation business unit at Neste.

“This partnership realizes the core purpose of our solution: Connecting change and decision makers at scale to maximize and accelerate the sustainable transformation of the travel industry. Being trusted by such forward-thinking market leaders is yet another proof of the scalability and relevance of our solution,” stated Philipp von Lamezan, CEO and Co-founder of SQUAKE.

Sustainable aviation fuel
SAF is a renewable aviation fuel providing a more sustainable alternative to conventional, fossil based jet fuel and widely recognized as a key solution to reduce aviation related emissions. Using Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80%* over the fuel’s life cycle compared to using fossil jet fuel. Neste MY Sustainable Aviation Fuel is produced from used cooking oil and animal fat waste, 100% renewable raw materials which are sustainably sourced. SAF is blended with conventional jet fuel before use and it works seamlessly with existing aircraft engines and fueling infrastructure.

*) When used in neat form (i.e. unblended) and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology

Further information: Please contact Neste's media service, tel. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste’s releases at https://www.neste.com/for-media/releases-and-news/subscribe.

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials.

As the world’s leading producer of sustainable aviation fuel and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals, Neste helps its customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030.

The company’s ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. Neste is committed to reaching carbon-neutral production by 2035, and will reduce the carbon emission intensity of sold products by 50% by 2040. Neste has also set high standards for biodiversity, human rights and the supply chain. The company has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2022, Neste's revenue stood at EUR 25.7 billion. Read more: neste.com

About Goodwings

Goodwings is a sustainable travel management system that helps businesses reduce their emissions. Through their climate-focussed SaaS travel management platform, businesses can book all their travel in one place and get funds transferred into their Carbon Account. This is then used to fully offset clients 'Scope 3' travel emissions through the purchase of Sustainable Aviation Fuel and carbon removal credits. Goodwings is a B Corp certified company that was founded in 2015 by Christian Møller-Holst and is headquartered in Copenhagen, Denmark. For more information, please visit their website: www.goodwings.com / LinkedIn / Instagram / Twitter

About SQUAKE

SQUAKE is the industry solution for sustainable travel and logistics. It's fast, secure and scalable. The SQUAKE Solution Suite is live with industry leaders from several travel and logistics segments, and performs accurate carbon calculations for all types of activities (e.g. flights, road, accommodation amongst others) according to national and international standards. It automates carbon reductions and/or compensations along the supply chain, from supplier selection (SAF, DAC, ecological restoration) to inventory management, invoicing and credit retirement. READ MORE

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CWT and SQUAKE form global partnership to help corporate travel programs access Sustainable Aviation Fuel at scale (CWT)

Excerpt from CWT: CWT and SQUAKE are announcing a global partnership that will support the use of Sustainable Aviation Fuel (SAF) in the business travel industry, at scale. Enabled by SQUAKE’s CO2 Solution Suite, the partnership will empower CWT’s global client network to mitigate carbon emissions from business travel with Neste MY Sustainable Aviation Fuel™.

In the initial phase of the partnership, CWT’s clients will be able to use Neste Impact to reduce carbon emissions via the SQUAKE platform. The entire process, from purchasing to using SAF and certificate creation, is fully automated and operated via SQUAKE’s tech infrastructure. Clients can access detailed information on their respective order via SQUAKE’s Trust Page and self-service management system.

The two companies will also work together to raise awareness in the market about different sustainable travel solutions and strategies. This will include equipping corporate travel buyers with the latest insights and in-depth expertise on SAF, alongside other high quality carbon removal offerings such as Direct Air Capture or biochar1 which are also accessible via SQUAKE.

“This partnership realises the core purpose of our solution: connecting change and decision makers at scale to maximise and accelerate the sustainable transformation of the travel industry. Being trusted by such forward-thinking market leaders is further proof of the scalability and relevance of our solution,” said Philipp von Lamezan, CEO and Co-founder of SQUAKE.

“SAF presents a highly promising pathway for decarbonizing air travel, and so we’ve been looking closely at different solutions in this space to support our customers’ sustainability goals,” said Richard Thompson, Global Head of ESG and Employee Experience, CWT. “SQUAKE has one of the most innovative products in the market, which will enable our clients to access Neste’s world class sustainable aviation fuel as well as other impactful climate projects.”

“The partnership between CWT and SQUAKE makes our Neste Impact solution available to a much wider audience. This will enable a significant reduction of air travel emissions by using Neste’s SAF as well as helping to drive the acceleration of SAF production and usage,” said Susanne Bouma, Head of Programs and Partnerships from the Renewable Aviation business at Neste.

SAF is a renewable aviation fuel that provides a more sustainable alternative to conventional, fossil-based jet fuel. It is widely recognized as one of the key solutions for achieving the aviation sector’s emission reduction goals. Neste is the world’s leading producer of SAF and using its Neste MY Sustainable Aviation Fuel reduces greenhouse gas (GHG) emissions by up to 80%2 compared to using fossil jet fuel.

SQUAKE holds an ISO 27001 certification for excellent data security management and is TÜV certified as Verified Compensation Provider (TN-CC-020).

About CWT

CWT is a global business travel and meetings solutions provider, with whom companies and governments partner to keep their people connected, in traditional business locations and some of the most remote and inaccessible parts of the globe. A private company, CWT provides its customers’ employees with innovative technology and an efficient, safe, and sustainable travel experience. READ MORE