Finnair purchased 750 tons of Neste MY Sustainable Aviation Fuel to reduce carbon emissions from flights; a small proportion of each flight ticket is used for sustainable aviation fuel
Finnair is increasing the use of sustainable aviation fuel as part of its goal to reduce carbon emissions from flying. Finnair has purchased 750 tons of sustainable aviation fuel from its partner Neste for use on flights departing from Helsinki Airport. Finnair's customers are also involved in reducing carbon dioxide emissions from flights: a small part of the price of each flight ticket is directed to the costs of using sustainable aviation fuel.
Finnair aims to achieve carbon neutrality by 2045, and sustainable aviation fuel is one of the most essential tools for reducing air travel emissions in the coming years. Using Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80%* over the fuel’s life cycle compared to using fossil jet fuel. The fuel volume now purchased is Finnair's largest single batch of sustainable aviation fuel purchased to date. The SAF will be delivered by Neste to Helsinki Airport in early 2023. The 750 tons of SAF corresponds to approximately 400 flights between Helsinki and Stockholm using unblended, 100% SAF.
"Finnair celebrates its 100th anniversary this year and reducing emissions from flying is essential to a sustainable future. In the coming years, sustainable aviation fuel will be one of the most important tools for reducing aviation-related emissions. We also involve our customers in this, and a small part of every flight ticket sold goes to the cost of sustainable aviation fuel," says Eveliina Huurre, Finnair's SVP, Sustainability. "In addition, customers can reduce the emissions of flying by using our carbon offsetting service, which combines SAF purchases and certified offsetting projects."
“Finnair was one of the first airlines using our Neste MY Sustainable Aviation Fuel and we have been working together for a long time,” says Jonathan Wood, Vice President Commercial and Technical Development, Renewable Aviation at Neste. “SAF is the most effective tool currently available to reduce the emissions of air travel and it is great to see Finnair taking the initiative to voluntarily purchase our SAF as part of their sustainability commitments and creating awareness among their customers on how these can play a role in creating a more sustainable future for aviation, too”
Increasing the use of SAF will increase the airline's costs, as SAF is clearly more expensive than fossil fuel. Finnair is preparing for this by allocating a small portion of each flight ticket sold, about 20 cents per ticket, to the cost of sustainable aviation fuel. This share may be higher in the future as the operating obligations imposed on airlines increase the use of SAF.
Finnair also encourages its customers to reduce the carbon emissions of their flights through their actions: since spring 2022, Finnair has offered its customers the opportunity to reduce the emissions of flying by combining sustainable aviation fuels and certified emission reduction projects. The service operates on the website of Finnair's partner Chooose.
Sustainable aviation fuel
SAF is a renewable aviation fuel providing a more sustainable alternative to conventional, fossil-based jet fuel. Neste MY Sustainable Aviation Fuel is produced from sustainably sourced, 100% renewable waste and residue raw materials, including used cooking oil and animal fat waste. Finnair is committed to the oneworld alliance's aspiration of using 10% sustainable aviation fuel by 2030 and will also participate in oneworld's joint procurements in 2025-2032. The use of SAF will also be increased due to the upcoming EU obligation to use SAF.
*) When used in neat form (i.e. unblended) and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology
Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world’s leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. We have committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. We also have set high standards for biodiversity, human rights and supply chain. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2022, Neste's revenue stood at EUR 25.7 billion. Read more: neste.com
Further information:
Finnair Media Desk, +358 9 818 4020, comms(a)finnair.com
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Finnair blog: www.bluewings.finnair.com
Finnair is a network airline, specialising in connecting passenger and cargo traffic between Asia, North America and Europe. Finnair is one of the oldest operating airlines in the world, celebrating its centenary in 2023. Sustainability is at the heart of everything we do – Finnair intends to reach carbon neutrality latest by the end of 2045. Customers have chosen Finnair as the Best Airline in Northern Europe in the Skytrax Awards for 12 times in a row. Finnair is a member of the oneworld alliance. Finnair Plc’s shares are quoted on the Nasdaq Helsinki stock exchange.