Flag-carrier Singapore Airlines(SIA) has signed agreements with leading sustainable aviation fuel (SAF) producer, Neste and US-based energy solution provider, World Energy to acquire SAF and SAF certificates to support its decarbonisation journey.
The first transaction saw the airline acquire 1,000 tonnes of Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)-eligible neat SAF, sourced from Neste.
The SAF purchase was SIA’s second from Neste, and the fuel was produced at Neste’s Singapore refinery, blended locally and uplifted at Singapore Changi Airport.
The group also purchased around 2,000 tonnes of CORSIA-eligible SAF in the form of emissions reductions from World Energy, utilising the book and claim chain of custody model, which allows SIA to claim associated emissions reductions without physical fuel delivery.
Both deals were completed in the first quarter of 2025 and the group notes these transactions are projected to reduce more than 9,500 tonnes of carbon dioxide emissions.
Furthermore, SIA also participates in the Green Fuel Forward campaign, an initiative designed to boost the demand for SAF in the Asia-Pacific (APAC) region.
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Launched by the World Economic Forum and Singapore’s GenZero, the campaign seeks to enhance awareness and understanding of SAF, while actively promoting its use and fostering strategic partnerships between regional corporations and airlines.
Lee Wen Fen, chief sustainability officer, SIA, says these agreements represent important steps in the SIA group’s broader strategy to scale up its use of sustainable aviation fuel.
“By working with different suppliers and exploring diverse sourcing models and certification pathways, we gain crucial insights into the SAF landscape and we can better understand the pathways towards a more sustainable aviation ecosystem,” says Lee.
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The SIA group, according to her, will continue to work with various partners to test and implement solutions that support the airline industry’s long-term decarbonisation goals.
“This will allow us to validate SAF demand, enhance our technical expertise in this area, and strengthen our ability to meet our medium-term commitment of 5% SAF use by 2030 and long-term goal of net zero carbon emissions by 2050,” she adds.
As at 3.24 pm, shares in SIA are trading 3 cents higher or 0.45% up at $6.77.
