KWE and Shell Aviation sign new agreement on the use of SAF
In Japan, Kintetsu World Express announced that it has entered into a new agreement with Shell Aviation, regarding the use of SAF.
KWE and Shell Aviation jointly participated in the market based measures framework pilot demonstration program conducted by Smart Freight Centre in 2023. Since then, the pair has been engaged in discussions to establish a secure and convenient mechanism for the use of SAF’s environmental benefits by aviation stakeholders, including freight forwarders and shippers, engaging in air freight activities.
Under this agreement, the Japanese firm will adopt Shell Aviation’s digital platform “Avelia” to swiftly address shippers’ low-carbon transportation needs. Avelia will help KWE to access the environmental benefits of SAF even when SAF is not physically available at their locations. It also offers a transparent, secure, and credible blockchain platform that ensures traceability, and helps to prevent erroneous double counting.
Tatsuya Narasaki, Managing Officer at Kintetsu World Express, said: “We have identified the reduction of CO2 emissions and the promotion of renewable energy use as key sustainability challenges. To mitigate the environmental impact of our global operations, we are working to reduce CO2 emissions not only in Japan but also around the world. We are pleased to announce that our near-term and long-term net-zero emissions reduction targets have been formally approved by SBTi. SAF is a key component of our concrete efforts, and our collaboration with Shell Aviation represents a significant step forward for us.”
Category: SAF
