Ten Leading Global Companies Join Future Energy Global to Cut Aviation Emissions with Pioneering “Book & Claim” SAF Pilot Scheme

(Future Energy Global) Ten pioneering companies have joined forces with Future Energy Global (FEG) to launch a first-of-a-kind multi-airline pilot program to acquire 20,000 tonnes (about 7 million gallons) of Sustainable Aviation Fuel (SAF) using the Book and Claim system.

The aviation industry has set a target of net-zero CO2 emissions by 2050, and SAF will be the biggest contributor to achieving this goal. However, the SAF market is a nascent one, and fuel production and availability is still limited.

With this SAF Book and Claim pilot program, Future Energy Global changes the game and demonstrates concretely how to accelerate SAF availability.

DHL, JetBlue, SAS, and three other global airlines, plus aviation sustainability company 4AIR, are each purchasing from Future Energy Global the environmental attributes of SAF sourced by FEG from its portfolio of suppliers and certified to globally-accepted ISCC CORSIA sustainability standards.

These airlines are joined by three corporate partners who are supporting the project by purchasing many of the Scope 3 attributes from this SAF, to compensate for their business travel emissions.

This pathfinder project took many months of preparation and saw Future Energy Global bringing together a coalition of multiple diverse stakeholders. FEG aggregated demand from several airlines to give them access to a high-quality product; brought sustainability-conscious corporates on board; developed an accounting mechanism enabling airlines to transparently show their Book and Claim purchases, in collaboration with a leading sustainability standards organization; and sourced fuel from a range of suppliers.

“Scaling up SAF is urgent, and Book and Claim is a key enabler,” said Natasha Mann, CEO and co-founder of Future Energy Global. “We are honoured to work with these aviation sustainability leaders to showcase the potential of the Book and Claim system to accelerate emissions reduction.”

Book and Claim is already well established in other energy markets such as renewable electricity, and a wide range of aviation industry stakeholders support its broader adoption to speed up SAF production. Under the Book and Claim system, the environmental benefits of SAF can be transferred separately from the actual fuel molecules. This allows airlines who want to buy SAF to do so without the fuel having to be physically shipped to their location, saving cost and emissions, and also benefitting SAF producers who can now sell their product globally. The system is based on robust independent registries who ensure that there is no double-counting or double-claiming of environmental benefits.

The companies who are participating in this pilot have come together to demonstrate their commitment to cutting aviation emissions by scaling up SAF usage, and their support of the wider use of Book and Claim to do so.

“Book and Claim is a critical tool in the early scale up of SAF in order to connect demand with supply, reduce cost, and prevent extra emissions during the distribution of the fuel,” said Kennedy Ricci, CEO of 4AIR. “4AIR is proud to support this pilot and demonstrate how Book and Claim can be done, credibly, transparently, and reliably at scale.”

“Book & Claim is a cornerstone for scaling the Sustainable Aviation Fuel (SAF) market,” said Andreas Muendel, Senior Vice President Strategy & Operation Programs, DHL. “It enables flexible purchasing independent of physical supply routes, while ensuring that the environmental benefits of SAF are credibly transferred to end customers through robust registry systems. DHL has long championed Book & Claim as a practical and transparent solution to accelerate aviation decarbonization. We are applying the Book and Claim principles developed by the Book and Claim community to ensure credible claims across global supply chains.”

Future Energy Global’s mission is to reduce global aviation emissions, by scaling up SAF production through an innovative financial ecosystem that facilitates collaboration between all participants in the value chain. FEG enters into long-term offtake agreements with SAF producers, provides accessible SAF solutions for airlines and corporates, and enables investors and corporate stakeholders to accelerate the scale-up of SAF production. READ MORE