Bank of America to Join Shell, Amex SAF program
In New York, American Express Global Business Travel and Shell Aviation announced that Bank of America is the first financial institution to join their sustainable aviation fuel program.
The program launched in 2022 with 1 million gallons of SAF available for corporate customers, is one of the world’s first blockchain-powered digital SAF book-and-claim solutions for business travel.
Andrew Crawley, President, American Express Global Business Travel, said: “The business travel sector has a critical role to play in scaling SAF and accelerating the decarbonization of travel. We will move closer to achieving these objectives with more companies like Bank of America making bold commitments and recognizing the powerful role the corporate travel program can play in achieving a company’s broader sustainability ambitions.”
Other companies participating in the program includes Aon, Cathay Pacific, JetBlue, and Delta.
Beth Sullivan, Head of Global Corporate and Executive Travel at Bank of America, said: “This is another step Bank of America is taking to reach our goal of having SAF account for at least 20% of our annual employee air travel by 2030. By purchasing SAF and working with other companies, we are taking more tangible steps to help build a more affordable and accessible sustainable aviation fuel market.”
Category: SAF
