BCD launches SAF program to boost corporate investment
In the UK, BTN Europe reported that BCD Travel has launched a ‘sustainable’ aviation fuel program that allows corporate clients to invest in SAF with just $1.1 added to each flight booking.
Developed with sustainability technology partner Squake, the One Euro SAF initiative targets what BCD’s senior director of sustainability solutions Fabio Fornari described as “the two biggest barriers” to corporate SAF adoption: high upfront costs and the need to align internal stakeholders on reporting and accounting processes.
“There’s a desire to implement [SAF], but there are many things that need to be cleared out for SAF to be implemented in a travel program,” he said, adding that the initiative would let customers validate their approach “without having a huge cost commitment up front”.
Under BCD’s program, participating companies agree to an increase in their existing flight booking transaction fee, starting at $1.1. Contributions accumulate and are invested in SAF through Squake, with the investment amount, purchasing frequency and other requirements set out in a contract amendment, according to the report.
Category: Fuels
