Group business travel specialists Travel Places is launching a new sustainable aviation fuel (SAF) fund in partnership with British Airways.
The fund is aimed at "providing a unique opportunity for its clients to address the carbon footprint from their business travel", the carrier said.
Travel Places is offering clients the opportunity to purchase SAF, which is provided through the airline’s multi-year partnership with Phillips 66 from a refinery near Immingham that uses waste cooking oil as the feedstock. The SAF produced offers missions reductions of over 80% compared to traditional fossil-based jet fuel, the airline added.
“At British Airways, we believe that sustainable aviation fuel can be a game-changer and our continued investment in its development is just one of the ways we plan to achieve net zero emissions by 2050 or sooner," said Carrie Harris, director of sustainability,
“Our clients deliver incredible events that have a positive impact on so many lives, but there is recognition of the impact that travel to these events can have on resources, society and the environment," said Nick Warren, joint managing director at Travel Places.
Upon purchase, Travel Places clients will receive a certificate, followed by further certification once the SAF has been supplied, according to the British Airways statement.