International Airlines Group (IAG) signed a joint agreement with Microsoft to cofund purchases of sustainable aviation fuel (SAF) for use at London's Heathrow and Gatwick Airports.
The agreement is for the purchase of 14,700t, or approximately 432,000 USG, of SAF originating from Phillips 66's Humber Refinery, in North Lincolnshire in the UK.
IAG, which operates British Airways, Aer Lingus, Iberia, and Vueling, said the agreement supports its goals of meeting 10pc of its fuel demand with SAF by 2030.
Microsoft cited similar objectives, saying the agreement enables a reduction in Scope 3 emissions in efforts to be carbon negative by 2030. Scope 3 greenhouse gas emissions account for pollution generated across a company's value chain. Companies like Microsoft invest in renewable energy as a way to retain credits, offsetting waste and lowering the lifecycle carbon footprints of its products.
