Cathay Pacific has welcomed three new partners into its Corporate Sustainable Aviation Fuel Programme to promote the uptake of sustainable aviation fuel (SAF).
With an overarching commitment to achieving net-zero carbon emissions by 2050, Cathay has been making significant strides, fostering collaboration with key stakeholders.
Welcoming New Partners
The Hong Kong-based airline has now welcomed three new partners to its Corporate Sustainable Aviation Fuel (SAF) Programme, a lead initiative launched in 2022.
Cathay Pacific’s sustainability journey gains momentum with the inclusion of new partners – Dimerco Express Group, Yusen Logistics, and Business Environment Council.
These additions further Cathay’s drive to fostering collaboration across diverse sectors, aiming for a collective impact on decarbonizing both business travel and cargo shipments within the aviation industry.
These partners will join the ranks of the program’s inaugural participants – AIA, Airport Authority Hong Kong (AAHK), Kintetsu World Express (KWE), PwC China, Standard Chartered, and Swire Pacific.
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Together, they form a coalition of corporate entities committed to scaling up the use of SAF, thereby reducing the carbon footprint generated by their air travel and freight operations.
A Commitment to Climate Action
Ronald Lam, Cathay Group Chief Executive Officer, emphasizes the airline’s multifaceted approach in contributing to a greener aviation future.
He underscores SAF as a crucial element, acknowledging the strong support received from corporate and cargo customers since the inception of the Corporate SAF Programme.
Lam expresses gratitude to the original launch customers while extending a warm welcome to new partners, inviting other companies to join the mission to be “Greener Together.”
Sustainable Aviation Fuel (SAF)
Now recognized as a pivotal lever for decarbonizing airline operations, SAF emerges as a beacon guiding the industry towards a sustainable future.
Cathay’s commitment to achieving 10% SAF in its total fuel use by 2030 places it among the frontrunners globally.
The lifecycle carbon emissions reduction of over 80%, attributed to SAF compared to conventional jet fuel, showcases its transformative potential.
Cathay’s pioneering initiatives include the use of SAF derived from used cooking oil and animal fat waste.
Partnerships with ExxonMobil and Shell have facilitated the successful uplift of SAF at various international airports, including Hong Kong International Airport, Singapore Changi Airport, and Los Angeles International Airport.
A Holistic Carbon Reduction Roadmap
Beyond SAF, Cathay Pacific’s carbon reduction roadmap encompasses a holistic strategy.
Fleet modernization, operational efficiency enhancements, and harnessing emerging technology breakthroughs play integral roles in the airline’s commitment to decarbonizing aviation.
Additionally, the collaboration with State Power Investment Corporation (SPIC) in China signifies a concerted effort to further develop the SAF supply chain.
Additional information about Cathay’s Corporate SAF Programme can be found here.
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