BCG Consulting enters SAFc deal with World Energy

Boston Consulting Group (BCG) announced it has signed an agreement for the purchase of sustainable aviation fuel certificates (SAFc) with World Energy.

The agreement will run through 2028 and is expected to deliver an emissions reduction of 100,000 metric tons of CO2 for BCG over the next five years.

Under the agreement, SAF provided by World Energy will be certified against the relevant industry standards to ensure its sustainability. The SAFcs are expected to flow through the SAFc Registry.

This is BCG’s largest SAF certificate purchase to date. It builds on BCG’s long-term engagement with the SAFc market, that began with its participation in the World Economic Forum-led Clean Skies for Tomorrow coalition in 2019.

“Today’s agreement is a key part of our commitment to using cutting-edge SAF for air travel as we focus on cutting the emissions intensity of our operations in half by 2025 and achieving net zero climate impact by 2030,” said David Webb, chief sustainability officer, BCG.

World Energy produces SAF through the HEFA pathway using waste fats, waste oils, and other residues as feedstocks.

“Collaborations of this type and magnitude are key to making decarbonization a reality now in the hardest to abate sectors, like aviation. This is the fastest way to scale up production of SAF and expand its efficient distribution around the world,” added Gene Gebolys, CEO, World Energy.

Under the book and claim mode, BCG’s investment allows it to make a greenhouse gas reduction claim on climate disclosures, while the physical SAF flows to an aircraft operator.

The integrity of the transaction is digitally tracked and third-party verified through a ledger system, chain of custody model known as book and claim.