In India, CEO Insights Asia reported that Jurgen Westermeier, the President and Managing Director for India and South Asia at Airbus, has suggested that contributions from corporations toward airlines’ voluntary SAF programs should be acknowledged as part of the government’s Corporate Social Responsibility (CSR) framework.
Westermeier stressed that the action would not only address climate change but also access substantial funding for the development of SAF, which could be vital for India’s energy future, according to the report.
Under the companies law, specific profitable organizations must dedicate a minimum of two percent of their yearly profit to CSR initiatives.
Westermeier urged the government to recognize the funds spent by corporates on voluntary SAF contributions as a legitimate CSR expense. “This inclusion would immediately unlock a substantial new pool of capital to support SAF demand, transforming a compliance requirement into a powerful engine for a greener, more sustainable energy future,” he said.
“We need unprecedented collaboration across all stakeholders—government, industry, and academia—to develop this industry,” Westermeier said, adding that the SAF sector would require significant investment.
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