World Energy, the sustainable aviation fuel (SAF) producer and low-carbon solutions provider, has announced a long-term agreement with Microsoft to accelerate the decarbonisation of corporate air travel and its supply chain cargo through the purchase of sustainable aviation fuel certificates (SAFc).
The agreement connects Microsoft's ambitious decarbonization goals directly and verifiably with SAF via a Book & Claim tracking framework.
Spanning ten years, this is the longest SAFc Book & Claim agreement ever signed. It is expected to deliver significant decarbonization results. An estimated 43.7 million gallons of petroleum jet fuel will be displaced with low-carbon SAF. The emissions reduction is expected to exceed 469,000 metric tonnes of CO2. That is the equivalent of flying 824,053 economy class passengers from Seattle to New York and back on fully decarbonized flights, or decarbonizing the transportation of over 54,000 metric tons of cargo between Asia and North America.¡¡
"We're thrilled to be launching this long-term collaboration with Microsoft," said Gene Gebolys, CEO of World Energy. "Through this agreement, we will empower one of the world's most recognized innovators to grow their business while minimizing their carbon impact and together we're committing to making a sustained push well into the next decade to decarbonize aviation at ever greater scale. Microsoft has made some the most ambitious decarbonization commitments of any corporate leader and we are honored to be teaming up to help them meet those goals."
"This agreement exemplifies the power of collaboration and technology in driving meaningful change in one of the hardest-to-abate sectors," said Katie Ross, director, carbon reduction strategy & market development, Microsoft. "Not only will it help to reduce our business travel and supply chain logistics emissions, but we hope this agreement will inspire others to take action and support the transition to alternative fuels that will enable a decarbonized aviation industry.
