ITOCHU Corporation and Future Energy Global sign a trade for SAF environmental attributes
In the UK, SAF Investor reported that Japanese trading and investment company, ITOCHU Corporation signed a SAF environmental attributes trade with sustainable aviation fuel market scaling company Future Energy Global.
ITOCHU supplied the physical SAF to an airline at Tokyo Narita Airport and traded the emissions saving certificates to Future Energy Global. These certificates will be made available for their airline and corporate clients, according to the report.
The certificates for this trade were generated entirely for the voluntary markets, and achieved without reliance on mandates or subsidies. Trades such as this are facilitated by the use of the book and claim system, which facilitates the separation of environmental attributes from the physical SAF, which can be sold separately, the report added.
This trade was registered through the Assure SAF Registry, operated by 4Air, a dedicated aviation sustainability platform. The Assure SAF Registry tracks and verifies emissions reductions transactions enabling secure transaction and retirement of physical fuel and environmental attributes, protecting against double claiming.
Category: SAF
