SABA secures $200M in group deals of SAF certificates

In Colorado, the Sustainable Aviation Buyers Alliance (SABA) announced the largest ever collection of deals to purchase high-integrity SAF certificates (SAFc). Over the span of five years, companies including AstraZeneca, Autodesk, Bain & Company, BCG, Deloitte, JPMorgan Chase, Live Nation, McKinsey & Company, Meta, Morgan Stanley, Netflix, Novo Nordisk, Samsung Biologics, Watershed, and Workday alongside SABA founding organization RMI, have committed to channel close to $200 million into purchasing SAFc — equal to about 50 million gallons of high integrity SAF or 500,000 tons of abated CO2e. This is roughly equivalent to the emissions of 3,000 fully loaded passenger flights from New York City to London.

This multi-year collection of deals, which involves close to 20 corporate aviation customers, four fuel providers, and three airlines, demonstrates the power of corporate demand to scale up investments in promising sustainable fuels that can drive decarbonization of the aviation industry. Many of the participants are new to the SAFc market, which speaks to the critical role SABA plays in lowering barriers to entry and educating stakeholders as it helps to build the SAF certificate market.