STX Group boosts industry liquidity, opens access to SAF certificates

STX Group, a leading environmental commodities trader and climate solutions firm, announced Aug. 13 the completion of the first successful delivery of sustainable aviation fuel certificates (SAFc).  

The first delivery is part of a series of SAFc trades by the company aimed at expanding the corporate buyers’ market access to SAFc and leveraging the firm’s expertise and global-sourcing network. 

SAFc is an established market-based mechanism decoupling the environmental attribute of SAF from the physical product through a book-and-claim system and has become an important tool to reduce the environmental impact of essential business travel and air freight.  

Aviation accounts for 2 percent to 3 percent of global CO2 emissions and, as corporate sustainability ambitions grow, so does the need to address these emissions.  

SAF has emerged as a trusted solution to decarbonize the aviation industry as it can reduce life cycle CO2e emissions by up to 80 percent, according to the International Air Transport Association.  

Corporate investment in SAFc supports the global SAF production scale-up, therefore reducing long-term costs and ensuring future SAF supply availability. 

Due to its accessibility, SAFc is often used by corporates to claim the environmental attributes of SAF against their business travel or air-freight emissions.  

Purchasing SAFc supports the replacement of fossil kerosene with SAF which has less lifecycle emissions and therefore offers a readily implementable, transparent and scalable solution for corporates looking to address their scope 3 emissions. 

STX Group’s global presence and industry expertise allows the sourcing of high-quality SAFc at competitive prices.  

The SAFc traded by STX Group is always on a third-party public registry, meets stringent additionality guidelines and is always third-party certified, the  company said.  

Furthermore, no large minimum purchase volumes are required, providing SAFc access to any corporate. 

“We are thrilled to play a role in shaping the SAFc industry by bringing more liquidity to the market,” said Fabian Roobeek, a managing partner at STX Group. “Our long history of trading niche environmental commodity products underlines our role in enhancing liquidity on the new commodity markets. We are therefore well-positioned to grow the SAFc industry further, help to scale production and provide access.” 

SAFc plays a key role in decarbonizing sectors where direct emission reductions are difficult to achieve.  

In the most recent Science Based Targets initiative draft net-zero guidance from March, SAFc was recognized as a key solution to meet scope 3 SBTi targets for business travel and air-freight emissions.