Deutsche Bank, Lufthansa Invest in SAF to Cut Business Travel Emissions
3 Articles
3 Articles
Deutsche Bank will finance from the Lufthansa Group the purchase of approximately 1,600 tons of sustainable aviation fuel (SAF), which is expected to avoid some 5,500 tons of CO2, i.e. the equivalent of some 520 flights from Frankfurt to London in Airbus A320neo. The agreement is part of the rise in Lufthansa's "green" offerings for corporate customers, where SAF becomes a key tool for reducing Scope 3 emissions on business travel. Massive inves…
Deutsche Bank Invests in Sustainable Aviation Fuel with Lufthansa
Deutsche Bank announced a new agreement with Lufthansa group to invest in the deployment of sustainable aviation fuel, as part of its strategy to reduce the climate impact of business travel. Under the new agreement, Deutsche Bank will invest in approximately 1,600 metric tonnes (2 million liters) of SAF. The companies said that the transaction will enable Lufthansa to reduce fuel lifecycle carbon emissions by approximately 5,500 metric tons com…
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