Bolloré and Cargolux sign SAF agreement

The International Air Transport Association (IATA) has released data for global air freight markets in April showing that demand dropped 27.7% Y-o-Y.

Cargolux and long-term partner Bolloré Logistics have signed an agreement for the use of Sustainable Aviation Fuel (SAF) in joint operations. The deal, covering 800,000 litres of SAF forms part of the Cargolux SAF program. This initiative will enable Bolloré Logistics to reduce its Scope 3 Greenhous Gas Emissions by at least 2,200 tons of CO2e.

“Sustainable Aviation Fuel is a key solution for Bolloré Logistics to decarbonize transportation and reach our carbon reduction targets set up in our CSR Program “Powering Sustainable Logistics”. Building a strong partnership with a crucial partner like Cargolux is critical to enable the aviation industry to operate a transition towards a more sustainable future. We are very glad to engage in this journey together.” says Pierre Houé, Deputy COO of Bolloré Logistics.

 The development and availability of SAF rank high on Cargolux’ agenda. The airline has a dedicated SAF program securing the acquisition of current and next generation sustainable fuels. These initiatives, aimed at reducing both parties’ emissions, position Cargolux as an advocate for sustainability within the air cargo industry and hence global supply chains.

In line with its “Powering Sustainable Logistics” CSR program, Bolloré Logistics committed to cut 30% by 2030, compared to 2019, of its Scope 3 CO2 emissions generated by the execution of transport. The ambitious goal, well-below the 2°C trajectory, involves making a sustainable offering central to its operations. Since then, the company launched AIRsaf, an offer based on the use of sustainable aviation fuel that also incorporates an end-to-end approach, with low-carbon pre-carriage and post-carriage transportation, as well as management of reusable packaging. It also made various partnerships with airlines to promote the use of SAF to decarbonize air freight and enable its customers to meet their emission reduction targets.

Source: Bolloré Logistics