Deutsche Bank invests in SAF with Lufthansa Group
In Germany, Lufthansa reported that Deutsche Bank is investing in the deployment of SAF in air transport with the Lufthansa Group.
The jointly agreed volume of approximately 1,600 metric tons of SAF enables an estimated emissions saving of around 5,500 metric tons of CO2. This is equivalent to the CO2 emissions of approximately 520 flights between Frankfurt and London operated by an Airbus A320neo.
Jörg Eigendorf, Chief Sustainability Officer of Deutsche Bank, said: “Sustainable Aviation Fuel is an important instrument for Deutsche Bank in our efforts to nearly halve our CO2 emissions along our supply chain by 2030 compared with 2019. It is also important for us to send a signal: only if there is reliable demand will SAF producers invest in production and make alternative fuels more competitive. This is a key part of our overall approach: we want to reduce CO2 emissions from our business travel and offset the remaining emissions where feasible.”
Category: SAF
