The SAF programme was launched in 2022 and it has welcomed Dimerco Express Group and Yusen Logistics as its latest cargo customers, with Business Environment Council being named as the first NGO partner.
The new partners join the programme’s launch customers, AIA, Airport Authority Hong Kong, Kintetsu World Express, PwC China, Standard Chartered and Swire Pacific.
They are committed to reducing the climate impact from their business travel and airfreight activities through scaling up the use of SAF.
Ronald Lam, CEO of Cathay Group, says, “We would like to warmly welcome our new partners, and express our gratitude to our original launch customers for their continued support of the programme. We look forward to welcoming other interested companies to sign up to reduce their indirect emissions from flight-related activities, and join our mission to be Greener Together.”
SAF can reduce carbon emissions by over 80% compared to conventional jet fuel on a lifecycle basis, depending on the SAF technology and feedstock used.
Cathay Group has set a target of 10% SAF usage by 2030 and has been using SAF made from used cooking oil and animal fat waste provided by ExxonMobil and Shell.