Microsoft joined as a founding member of the sustainable aviation fuel (SAF) initiative Project Runway .

Launched by SkyNRG, an SAF company, the initiative brings together airlines and corporates to provide easy access to renewable fuel. Microsoft is serving as the initial Scope 3 SAF claims buyer for the project.

The project will support airlines in navigating the complexities of SAF procurement and provide an effective way to lower their GHG emissions. 

Project Runway’s strategy consists of involving more stakeholders across the industry to develop and increase the scale of the market. Under the Book & Claim approach, Project Runway not only allows airlines access to SAF, but also allows them to share the SAF price premium with companies aiming to reduce their own Scope 3 aviation emissions. 

“Project Runway will enable a global SAF market transformation that we see as essential to decarbonising air travel,” said Julia Fidler,  Environmental Sustainability – Fuel and Materials Decarbonisation Lead at Microsoft, in a statement. “Microsoft is proud to add this important SAF initiative to its portfolio of support, and thanks to their proven sustainability leadership, creativity and credibility, SkyNRG is the ideal host for on this project.”