Commercial, Sourcing Renewables - November 15, 2021
DHL Inks €60 Million Deal for SAF at UK Airport Hub
Deutsche Post DHL Group will soon be receiving more than EUR 60 million worth of Sustainable Aviation Fuel (SAF) for its operations at the UK’s East Midlands Airport.
The shipping company completed an agreement with Neste to supply the SAF, which is produced from Used Cooking Oil (UCO). DHL will be able to use the fuel to transport 1,500 tons of air freight weekly while avoiding around 70,000 tons of CO2.
“As the world's leading logistics provider, it is our responsibility to play an active part in leading our industry towards a sustainable future. In line with our company's "Mission 2050: Zero Emissions" and our commitment to the "Business Ambition for 1.5°C" campaign, we have pledged to invest approximately EUR 7 billion by 2030 in clean operations, within the framework of our Sustainability Roadmap,” Melanie Kreis, CFO Deutsche Post DHL Group and Steering Committee Member of the World Economic Forum's Clean Skies for Tomorrow coalition, said in a statement.
DHL aims to source enough SAF to fulfill at least 30% of its aviation fuel use by 2030. DHL Express will also be taking advantage of the Renewable Transport Fuel Certificate scheme, which aims to encourage the use of SAF in the market.