How better SAF accounting can support sustainable business travel
While considered essential by many corporations, business air travel takes a toll on Å·²©ÓéÀÖ environment—producing an estimated 3%-7% of Scope 3 emissions. Sustainable aviation fuel (SAF) offers a solution available today that has Å·²©ÓéÀÖ potential to scale across Å·²©ÓéÀÖ industry.
But Å·²©ÓéÀÖ current SAF supply is extremely limited, resulting in high prices. The SAF certificate (SAFc) mechanism allows corporations to close Å·²©ÓéÀÖ price gap and receive an allocation of Å·²©ÓéÀÖ Scope 3 emissions in return, attracting greater investment to Å·²©ÓéÀÖ sector, scaling supply, and reducing costs. For corporations that have set emissions targets, it’s essential to understand SAF accounting and corporate reporting best practices.
Read this paper to learn:
- An overview of current SAF accountancy practices and infrastructure.
- Current challenges that SAF certificates face—and opportunities that exist.
- How corporations can support Å·²©ÓéÀÖ development of a more robust system.
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