Singapore Airlines (SIA), together with the Civil Aviation Authority
of Singapore (CAAS) and Temasek, are collectively releasing a total of
1,000 Sustainable Aviation Fuel (SAF) credits for sale to the public in
July 2022.
The sale of these SAF credits invites both corporate and leisure
travellers to play an active role for the sustainable future of travel.
The 1,000 credits are derived from the 1,000 tonnes of SAF which are
blended, delivered and uplifted from Singapore Changi Airport. Every
single credit purchased will contribute to reducing 2.5 tonnes of carbon
dioxide emissions.
“As we progress with the SAF pilot in Singapore, we can now offer
more opportunities for our corporate customers and travellers to
mitigate their carbon emissions using SAF credits,” said Lee Wen Fen,
senior vice president corporate planning of SIA. “This will help to
accelerate and scale up the collective adoption of SAF, reinforcing our
commitment to achieve net zero carbon emissions by 2050.”
Purchase of these credits will also help to stimulate demand for SAF,
support the development of the SAF industry which is still in its
infancy stage, and further the adoption of SAF for aviation
sustainability.
SIA’s corporate customers and freight forwarders are able to purchase
these credits directly from SIA. Freight forwarders can then sell these
credits to their clients to mitigate carbon emissions from their
business operations.
From Q4 2022, all SIA customers will be able to purchase a mix of SAF
credits and carbon offsets, part of the SIA Group Voluntary Carbon
Offset Programme. SIA will also partner Climate Impact X to introduce a
bundled package of SAF credits and carbon credits, designed to meet
corporate demand for SAF while taking affordability into consideration.