Deloitte and American Airlines Working Together to Advance Use of SAF

American Airlines and Deloitte are working together to advance the use of sustainable aviation fuel (SAF).

The SAF emissions agreement between American and Deloitte reduces life cycle emissions from aviation by 3,050 metric tons of carbon dioxide (CO2) which is equivalent to approximately 10,000 passengers flying one-way from New York City to Los Angeles.

This is one of the first collaborations between an organization seeking to reduce net emissions from business travel and a U.S. airline that is using SAF in its daily operations.

The agreement provides Deloitte with an opportunity to help meet its ambitious goal of reducing its business travel emissions per employee by 50% by 2030.

“We recognize the important role the business community plays in facilitating the transition to a low carbon economy. It’s a monumental task no organization can solve alone, which is why we’re looking forward to working with American Airlines on a new concept to accelerate adoption of a fuel source that can dramatically reduce emissions from aviation,” said Joe Ucuzoglu, Deloitte US CEO. “To make meaningful progress in combating climate change, it’s crucial that organizations continue to collaborate through innovative solutions and bold actions.”

Deloitte and American recognize that SAF is an important tool to reduce aviation emissions, though it is not yet available at the scale or price needed to reduce emissions significantly. This collaboration will explore how a new market-based solution - a certificate that allocates the emissions reduction value of SAF - can benefit companies seeking to reduce their Scope 3 business travel emissions.

“Investing in the decarbonization of aviation is an imperative for our company and our industry,” said Doug Parker, Chairman and CEO of American. “As we work toward our own goal of achieving net-zero emissions by 2050, we know we can help accelerate the transition to low-carbon air travel through collaborations like these, meeting the needs of our customers and the planet. We are proud and excited to be working with Deloitte to advance our shared vision for a more sustainable future.”

The SAF certificate is a concept under development by the World Economic Forum’s Clean Skies for Tomorrow initiative, aimed at unlocking new capital to boost SAF production by harnessing the ambition of corporate climate goals to reduce emissions from business travel. SAF, in conjunction with certificates, can be used by corporations to help meet their sustainability goals.

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