Netherlands-based STX Group has completed its first delivery of sustainable aviation fuel certificates (SAFc) as part of a series of trades aimed at increasing market liquidity and broadening corporate access to the decarbonisation tool.
SAFc allows the environmental benefits of SAF to be purchased separately from the physical fuel through a ‘book and claim’ system. The mechanism is increasingly used by companies to offset emissions from business travel and air freight, with the International Air Transport Association estimating SAF can reduce life-cycle CO2 emissions by up to 80%.
In practice, a company can pay for the climate benefits of SAF produced and used elsewhere, without needing to physically take delivery of the fuel itself.
Amsterdam-headquartered STX said its global network enables sourcing of third-party certified SAFc without minimum purchase volumes, providing access for corporates of any size.
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