CargoAi and Neste to enable freight forwarders and shippers to reduce their carbon emissions
CargoAi and sustainable aviation fuel (SAF) producer Neste have partnered to enable freight forwarders and shippers to reduce their carbon emissions.
Digital solutions provider CargoAi now offers the possibility to purchase Neste MY Sustainable Aviation Fuel when making a cargo booking.
This can be done in the booking flow – either after a booking is confirmed or when the cargo is being tracked.
This complements CargoAi’s Cargo2ZERO sustainability offering launched in October 2022. The use of SAF significantly reduces greenhouse gas emissions from air transport.
Said Matthieu Petot, CEO of CargoAi: “Building on the CO2 Efficiency Score already available in our Cargo2ZERO solution, will further encourage forwarders to enter into discussions with their own clients about what is needed for the industry to move forward towards reaching the industry’s Net Zero targets together.
“We are also enabling access for smaller freight forwarding companies in 110 countries to purchase SAF in smaller quantities.”
Said Jason Reichow, vice president business development, renewable aviation, at Neste: “Through this partnership, Neste MY Sustainable Aviation Fuel is made available to CargoAi customers for any cargo booking to reduce the emissions of their shipment while utilizing CargoAi’s innovative digital booking platform.”
During the booking or tracking phase, freight forwarders will automatically be prompted with data of the CO2 emissions that their shipment will emit, calculated based on IATA standards.
They will then have an option to purchase varying percentages of SAF to reduce emissions. Neste ensures the purchased SAF volumes are delivered and used by partner aircraft operators.
The emission reductions achieved will be reported back and can be used to report against sustainability targets.
Said Magali Beauregard, chief commercial officer of CargoAi: “We designed Cargo2ZERO as a suite of solutions for integrating and accelerating climate action into the air freight procurement process.
“Purchasing SAF remained until now a hard-to-navigate, resource-intensive process and often required purchases of large volumes, which made reducing emissions at the transactional level very difficult.”
Beauregard continued: “With the direct purchase of SAF now embedded in the booking execution and tracking flows, we’re taking the next steps to empower climate action by offering our clients straightforward, user-friendly and verifiable means to ensure reduced emissions.
“We are extremely delighted about this landmark partnership with Neste and confident that this will enable clients of any size to take effective climate action without further delay.”
SAF is acknowledged as a key element in helping to reach aviation’s ambitious goal of net-zero carbon emissions by 2050.
Using Neste MY Sustainable Aviation Fuel reduces greenhouse gas (GHG) emissions by up to 80%* over the fuel’s life cycle compared to using fossil jet fuel.
It is produced from sustainably sourced, 100% renewable waste and residue raw materials, such as used cooking oil and animal fat waste.