SAF accounted for only 0.5% of aviation fuel in 2021, but many airlines have a target of 10% by 2030 and the industry's goal of "net zero" emissions by 2050 relies on SAF accounting for 65% of fuel. The corporate sector interest could build momentum for the SAF industry to scale up given businesses account for around 20% of air travel globally and 30% in Europe, said Denise Auclair, corporate travel campaign manager at European non-governmental organisation Transport & Environment. 'GREEN PREMIUM'Buying SAF is more costly than purchasing emissions offsets but experts say it can play a key role in reducing travel emissions alongside switches to video-conferencing and cleaner alternatives like rail. "They contract with us, they pay for the cost premium of sustainable aviation fuel over the conventional jet fuel, and then enable us to deliver sustainable aviation fuel for our partner airlines to consume," he said. Companies are able to contract directly with airlines, travel agencies like American Express Global Business Travel (Amex GBT) (GBTG.N) and fuel providers like Neste as they look to claim SAF credits and avoid pitfalls like double claiming.

---