Nippon Express Europe, Lufthansa Cargo complete SAF deal for emission savings

Date: 2023-06-30   Author: Pankaj Singh  Category: #news

Nippon Express Europe, Lufthansa Cargo complete SAF deal for emission savings

Nippon Express Holdings, Inc.’s group company, Nippon Express Europe GmbH, and Lufthansa’s renowned subsidiary, Lufthansa Cargo AG have contractually agreed to advocate the usage of Sustainable Aviation Fuel (SAF) while delivering airfreight shipments.

Through this collaboration, the Nippon Express Group will be able to reduce emissions by about 3,150 tonnes in a year on account of the green aviation fuel.

Apparently, the deal signed with Lufthansa Cargo is inclusive of funding for high-quality, certified climate protection initiatives to offset well-to-tank emissions that result from the manufacture and distribution of SAF.

As a response to climate change, the Nippon Express Group has set the aim of reducing SCOPE 1 and 2 emissions by 50% by 2030 compared to 2013 and for aiding the realization of a carbon-neutral world by 2050.

By 2023, Nippon Express Co., Ltd. wants to cut emissions by 350,000 tonnes, or 30% less than in 2013. The entire organization is collaborating to achieve a carbon neutral society by the year 2050 after Nippon Express Holdings submitted the Letter of Commitment to be recognized as a Science Based Targets company in May 2023.

According to the CEO of Lufthansa Cargo, Ashwin B, the team is looking forward to jointly collaborating with NX Europe on both the company’s important sustainability goals.

Ashwin claimed that as more Sustainable Aviation Fuel is utilized in the transportation of goods through air freight, it is more likely for the company to succeed in transitioning from fossil fuels, in order to make the entire air freight sector more sustainable.

For the unversed, Lufthansa Cargo is one of the leading firms in the transport of air freight across the globe. It currently employs nearly 4,100 people worldwide and is mainly focused on the airport-to-airport business.


Source Credits:


About Author

Pankaj Singh linkdin-boxtwitter

Pankaj Singh

Pankaj Singh Develops content for Algosonline, Market Size Forecasters, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

Read More

Post Recommendents

India-based Kaizen AI set to influence the $1.36 trillion GCC realty sector

Author: Pankaj Singh

Kaizen AI, a prominent technology firm that uses AI to revolutionize large-scale building projects, is entering the lucrative GCC real estate sector, where the value of planned and under-construction projects is projec...

Microsoft expands partnership with Oracle to Deliver Oracle Database Services

Author: Pankaj Singh

Microsoft Corp. and Oracle Corp. have reportedly announced the availability of Oracle Database@Azure, which provides direct access to the Oracle database services operating on Oracle Cloud Infrastructure ...

Reliance Industries and NVIDIA join hands to advance AI in India

Author: Pankaj Singh

Indian billionaire Mukesh Ambani-owned Reliance Industries Ltd. has reportedly announced a partnership with U.S.-based chipmaker NVIDIA for advancing AI in India.

Apparently, Indi...