Singapore Airlines Group signs SAF agreements with Neste, World Energy

Photo: Singapore Airlines Group

The Singapore Airlines Group announced May 9 that it has signed agreements with Neste and World Energy to acquire sustainable aviation fuel (SAF) and SAF certificates (SAFc), respectively, supporting its decarbonization journey while gaining further valuable insights into the pathways, standards and certification systems in the renewable fuel landscape.

The first transaction saw the group acquire 1,000 metric tons of CORSIA-eligible neat SAF sourced from renewable fuel producer Neste.

The SAF was produced at Neste’s Singapore refinery, blended locally and uplifted at Singapore Changi Airport.

This is the group’s second purchase of neat SAF from the Singapore refinery, helping to develop the country’s SAF ecosystem and enhance supply-chain resilience.

In addition, the group purchased approximately 2,000 tons of CORSIA-eligible SAF in the form of emissions reductions from World Energy, a U.S.-based producer, utilizing the book-and-claim chain-of-custody model.

This allows the group to claim associated emissions reductions without physical fuel delivery.

Both deals were completed in the first quarter of 2025 and these transactions are projected to reduce more than 9,500 tons of carbon-dioxide emissions.

Singapore Airlines also participates in the “Green Fuel Forward” campaign, an initiative designed to boost the demand for SAF in the Asia-Pacific region.

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.

“These agreements represent important steps in the Singapore Airlines Group’s broader strategy to scale up its use of sustainable aviation fuel,” said Lee Wen Fen, Singapore Airlines’ chief sustainability officer. “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.”

She continued, saying, “The Singapore Airlines Group will continue to work with partners around the world to test and implement solutions that support the airline industry’s long-term decarbonization 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 percent SAF use by 2030 and long-term goal net-zero carbon emissions by 2050.”