ITOCHU Corporation and Future Energy Global sign a trade for SAF environmental attributes

Japanese trading and investment company, ITOCHU Corporation signs a SAF environmental attributes trade with sustainable aviation fuel (SAF) market scaling company Future Energy Global.

ITOCHU supplied the physical SAF to an airline at Tokyo Narita Airport and traded the emissions saving certificates to Future Energy Global. These certificates will be made available for their airline and corporate clients.

 “It is an honour to carry out this first transaction with ITOCHU, with its long history and commitment to sustainability,” said Natasha Mann, CEO and co-founder, Future Energy Global. “Our companies share a vision of a more sustainable future, and we are very happy to be able to work together with ITOCHU to scale up Sustainable Aviation Fuel use.”

This certificates for this trade were generated entirely for the voluntary markets, and achieved without reliance on mandates or subsidies. Trades such as this are facilitated by the use of the book and claim system, which facilitates the separation of environmental attributes from the physical SAF, which can be sold separately.

“We appreciate the opportunity to collaborate with Future Energy Global to commercialise the environmental attributes of SAF used in Japan,” said Taisuke Tsurukubo, GM, Fuel Trade & Project Section, ITOCHU Corporation. “We look forward to developing this business relationship and to working co-operatively to reduce aviation emissions further.”

This trade was registered through the Assure SAF Registry, operated by 4Air, a dedicated aviation sustainability platform. The Assure SAF Registry tracks and verifies emissions reductions transactions enabling secure transaction and retirement of physical fuel and environmental attributes, protecting against double claiming.

  “This transaction underscores the importance of trusted registry systems in scaling SAF adoption. Assure provides the traceability, flexibility, and security needed to enable credible, transferable environmental attributes within the SAF ecosystem,” said Kennedy Ricci, CEO and President, 4AIR.