Qantas’ corporate sustainable aviation program has doubled to 11 participants since it launched in November 2022 with five founding members, the airline announced Tuesday. Those businesses pay a premium to address their air travel emissions by contributing to the cost of sustainable aviation fuel rather than toward traditional carbon offsets, according to the carrier.
Accenture, Fortescue and McKinsey & Co. have joined as partners, contributing to address 1,000 metric tons of carbon emissions, according to Qantas. Commonwealth Bank, ING Australia, Deloitte, IMC and Raytheon Australia have joined as members, contributing to between 400 and 600 metric tons of carbon emissions.
The Qantas program allows corporations under a “book and claim” methodology to support the scaling of SAF, even if the fuel does not flow directly in the planes they fly on, according to the carrier. It is aligned with Science Based Targets initiatives guidance. The premium contributes to the incremental cost of the 10 million liters of SAF that Qantas purchases for flights out of London.
