World Energy, a global producer of SAF, has announced a long-term purchase agreement with DHL Express which will manage 668 million litres of sustainable aviation fuel (SAF) via SAF certificates (SAFc).
According to World Energy, the seven-year contract is one of the largest and longest SAFc agreements across the aviation industry.
The German logistics company is estimated to save roughly 1.7 million tonnes of CO₂ across the aviation fuel lifetime.
According to DHL, this is comparable to managing DHL Express’s 77,000 annual aircraft movements in the Americas carbon neutrally for a full year.
DHL Express CEO John Pearson stated how this partnership is set to bring DHL closer to its sustainability goals.
Pearson said: “DHL Express is firmly dedicated to pioneering a sustainable future in aviation logistics. By partnering with World Energy and confirming this milestone agreement, we are taking another concrete leap towards minimising our carbon footprint and contributing to a more sustainable future.
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By GlobalData“We want to inspire more suppliers to accelerate industry-wide production and adoption of SAF.”
The agreement further aligns with DHL Group’s sustainability goals, which include the aim of reducing the group’s annual greenhouse gas emissions to less than 29 million tonnes CO₂e by 2030 across scopes 1, 2 and 3.
World Energy CEO Gene Gebolys emphasised how decarbonisation requires partnerships across the supply chain.
Gebolys said: “We are honoured to team up with DHL on this quest to decarbonise aviation. Decarbonising the hard-to-abate sectors requires commitment across the value chain and partnerships like the one we are launching today are key to enabling companies like DHL to meet their ambitions and climate goals.”
This arrangement builds on World Energy’s prior long-term SAF collaborations, including a purchase agreement with Microsoft that oversees the displacement of approximately 43.7 million gallons of conventional jet fuel with SAF.