BCG buys SAFc from World Energy to reduce 100,000 tons of CO2 in five years
In Massachusetts, Boston Consulting Group (BCG) has signed an agreement for the purchase of sustainable aviation fuel certificates (SAFc) with World Energy, the sustainable aviation fuel (SAF) producer and low-carbon solutions provider. A key part of BCG’s commitment to achieving net zero climate impact by 2030, 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 sustainable aviation fuel will be made with state-of-the-art technology, refining hydroprocessed esters and fatty acids (HEFA) using waste fats, waste oils, and other residues as feedstocks. The high-quality fuel will be certified against the relevant industry standards to ensure its sustainability. 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 (RSB) and CORSIA certified, delivering very low carbon intensity, achieving more than 80% emissions reductions over its lifecycle versus conventional jet fuel.
Tags: BCG, Massachusetts, SAF
Category: Fuels