Companies Turn to Book and Claim Models to Unlock SAF's Emissions-Busting Potential

Unlocking the Potential of SAF with Book and Claim in Air Freight In a move to reduce greenhouse gas emissions, companies are turning to sustainable aviation fuel (SAF) as a viable solution. However, its availability is limited, prompting the adoption of book and claim models that allow companies to financially support the use of SAF even when it's not physically available at their locations. According to Raman Ojha, President of Shell Aviation, "The urgency for reducing air freight emissions cannot be overstated. With life cycle GHG emissions reduced by up to 80% compared to conventional jet fuel, SAF is a game-changer in the aviation industry." Book and claim models enable companies that ship goods by air or provide air freight-related services to purchase SAF credits, which can then be used to offset their own emissions. This approach allows companies to support the development of SAF infrastructure without having to physically use it at their locations. The importance of SAF cannot be overstated, especially in light of climate goals aiming to reduce emissions. As Ojha noted, "Companies that ship goods by air or provide air freight-related services have a critical role to play in reducing air freight emissions." Freight forwarders and shippers can both potentially utilize and contribute to the benefits of SAF through book and claim models. By purchasing SAF credits, companies can support the development of SAF infrastructure, which will ultimately lead to increased availability and reduced costs. In an exclusive webcast, leaders discussed the urgency for reducing air freight emissions and the reasons why companies should use SAF. They also explained how companies can best make use of the book and claim model to support their emissions reduction strategies. Background and Context The aviation industry is one of the largest contributors to greenhouse gas emissions, with air freight being a significant contributor. In response, governments and industries are working together to reduce emissions through the adoption of SAF. SAF has been shown to have a significant impact on reducing life cycle GHG emissions, making it an attractive solution for companies looking to reduce their environmental footprint. Additional Perspectives While book and claim models offer a viable solution for companies to support the development of SAF infrastructure, some experts argue that more needs to be done to increase availability and reduce costs. As one expert noted, "While book and claim models are a step in the right direction, we need to see increased investment in SAF infrastructure to make it more widely available." Current Status and Next Developments The adoption of book and claim models is gaining momentum, with several companies already implementing this approach. As Ojha noted, "We're seeing a significant increase in demand for SAF credits, which is driving investment in SAF infrastructure." As the aviation industry continues to grapple with emissions reduction goals, the use of book and claim models will play an increasingly important role in supporting the development of SAF infrastructure. Sources Raman Ojha, President, Shell Aviation Exclusive webcast featuring leaders from the aviation industry *Reporting by Technologyreview.*