Singapore Airlines to sell SAF credits from July

Singapore Airlines (SIA) will start selling sustainable aviation fuel (SAF) credits in July with the Civil Aviation Authority of Singapore (CAAS) and state-owned investment company Temasekas, as part of their work to advance the use of SAF in Singapore.

A total of 1,000 SAF credits will be available for sale. The credits are generated from 1,000t of neat SAF blended, delivered and uplifted from Singapore Changi airport. They will be registered as part of a pilot project with the Roundtable of Sustainable Biomaterials' (RSB) Book & Claim system to avoid the double counting of credits. Every credit will help to reduce 2.5t of CO2 emissions, according to SIA.

The purchase of these credits can "help to stimulate demand for SAF, support the development of the nascent SAF industry, and advance the adoption of SAF for aviation sustainability," SIA said.

SIA's corporate customers and freight forwarders can purchase the SAF credits directly from SIA. Freight forwarders can in turn sell the credits to their downstream clients.

From the fourth quarter, all SIA customers will be able to purchase a mix of SAF credits and carbon offsets, as part of the SIA group voluntary carbon offset programme.

Last year, SIA, CAAS and Temasek said they wanted to uncover end-to-end cost components in the certification and blending of SAF at local facilities and deliver it to Changi airport.

By Giulia Squadrin