Southwest Airlines has signed 4AIR to provide Sustainable Aviation Fuel (SAF) inventory accounting and documentation services. As a part of the agreement, 4AIR will support Southwest with allocating and documenting certain Scope 3 emission reduction rights arising from Southwest’s use of SAF for corporate clients participating in its SAF Beta Program. These clients purchase Scope 3 emission reduction rights arising from Southwest’s use of SAF, which contributes to reducing the premium of SAF over conventional jet fuel and helps send demand signals to the market.
Kennedy Ricci, 4AIR’s President said: “This industry-leading partnership with Southwest Airlines ensures transparency of its SAF emissions accounting for corporate customers. This step underscores Southwest’s commitment to SAF and the importance of moving the industry forward toward carbon neutrality by 2050.”
Helen Giles, Southwest Airlines’ Director of Environmental Sustainability added: “We are excited to partner with 4AIR to offer corporate customers participating in our SAF Beta Program with independently verified assurance for the Scope 3 emission reduction rights associated with their support of expanding SAF in our operations. We have processes in place to track emission-reduction rights for our corporate partners in the program, and we are proud to add this additional layer to verify that emission-reduction rights purchased have been correctly accounted for.”
In October 2021, Southwest Airlines announced a series of near-term goals, actions, and initiatives in support of a 10-year plan to maintain carbon neutrality to 2019 levels while continuing to grow its operations.