AviationTravellers can purchase these credits to help spur the advancement of green fuels in the aviation sector.

Singapore Airlines to sell sustainable aviation fuel credits

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A new marketplace open to members of public will help support the decarbonisation of the aviation sector.
A new marketplace open to members of public will help support the decarbonisation of the aviation sector. Photo Credit: Flickr/Riik@mctr

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.

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