NESTE X CARGOAI
We are proud to introduce the Neste x CargoAi partnership, which offers the cargo value chain the opportunity to reduce emissions in a tangible manner by purchasing sustainable aviation fuel, in order to reach aviation’s 2050 Net Zero goal together.
CargoAi is on a long-term mission to promote the adoption of SAF within the airfreight aviation industry. We believe that together, we can succeed in accelerating the adoption of the right solution to contain the climate crisis.
Neste is the world’s largest producer of sustainable aviation fuel and renewable diesel. Neste MY Sustainable Aviation Fuel™ (Neste MY SAF™) is a proven and safe alternative to fossil jet fuel, made from sustainably sourced 100% renewable waste and residue raw materials. Neste has been producing SAF since 2011 and it is used by many leading commercial airlines and cargo carriers.
Neste MY SAF is produced using the HEFA-technology but Neste is also innovating new SAF production technologies focusing on promising new feedstocks, such as algae oil and lignocellulosics, and power to liquid fuels.
Together with Neste, CargoAi offers freight forwarders the opportunity to buy SAF. Varying percentages of SAF can be purchased by our freight forwarders, allowing them to reduce the carbon emissions from air cargo transport, and receive reports showing the emissions reduction resulting from SAF use, compared to using fossil fuel.
Reach your climate targets with Neste MY Sustainable Aviation Fuel™
The Neste x CargoAi model follows the SBTi guidelines for the aviation sector. The SBTi is the gold standard in ambitious corporate climate targets and reporting.
Purchasing SAF through the Neste x CargoAi partnership enables freight forwarders to support SBTi Scope 3 targets through a Book-and-Claim approach. Neste’s 3rd party end-to-end verification ensures credible and reportable reductions and prevents double claiming.
This partnership makes CargoAi the first and only digital solutions provider in the airfreight industry to offer SAF for every Air Waybill (AWB) booking, regardless of carrier or departure airport. This is currently not available with any other cargo procurement marketplace, digital or otherwise.
Purchasing Neste MY Sustainable Aviation Fuel™ (SAF) has real, tangible and immediate impact for freight forwarders to reduce GHG emissions and fight climate change. It also allows you to measure and report against Science Based Targets - the gold standard in corporate Net Zero climate targets. Here is a recap:
- Neste MY SAF™ is made from sustainably sourced 100% renewable waste and residue raw materials such as used cooking oils.
- Neste MY SAF™ enables you to reduce carbon emissions of airfreight by up to 80%* over the life cycle of the fuel, versus using conventional fossil fuels.
- Neste MY SAF™ delivers additional climate benefits with significantly lower non-CO2 emissions, compared to fossil jet fuel use.
- We offer an end-to-end solution 3rd party verified, providing full transparency and credibility for climate action claims.
Value across the supply chain
Purchasing SAF through the Neste x CargoAi partnership enables freight forwarders of all sizes, irrespective of where they stand in their sustainability journey or of the volumes to which they can commit, to take responsibility and activate the most impactful lever to reduce airfreight emissions we have available today.
CargoAi considers one of its roles as a marketplace to bring together demand and provide demand signals on an aggregate level. We're proud that we are now in a position to not only provide these signals for airfreight capacity and market trends, but also provide visibility into demand and even firm commitment for more sustainable products, whether the demand comes from the small, medium or large customers. This responsibility is instrumental in accelerating the development of sustainable product lines.
Above all, Neste and CargoAi commit to ensuring sustainability throughout our partnership.