In Colorado, for the first time, companies including Bank of America, Boom Supersonic, Boston Consulting Group, JPMorgan Chase & Co., Meta and clean energy nonprofit RMI are joining together through the Sustainable Aviation Buyers Alliance (SABA) to purchase sustainable aviation fuel (SAF) certificates at scale. This leap forward from previous individual SAF certificate purchases by corporations dramatically strengthens the demand signal aviation customers are sending to the SAF market.
The SAF involved in the SABA transaction is produced by World Energy and reduces lifecycle carbon emissions by 84{7bfcd0aebedba9ec56d5615176ab7cebc5409dfb82345290162ba6c44abf8bc8} compared to conventional jet fuel. SABA members are purchasing SAF certificates linked to 850,000 gallons of this high-integrity SAF, which is being used to fuel JetBlue flights this year.
The competitive procurement process that led to this purchase, open to major US and international air carriers, required proposals demonstrate that fuel met key sustainability criteria, in alignment with SABA’s goal of scaling the market for high-integrity SAF. ENGIE Impact, a global consultancy specializing in sustainability transformation, provided expert support in managing the process and the final selection of the winning bid.
Category: Fuels