Neste Corporation, Press Release, 20 March 2023 at 11.00 a.m. (EET)
Photo: Tanker truck delivering Neste’s sustainable aviation fuel (SAF) at Helsinki Airport in Finland. Source: Neste
Finnair has purchased 750 tons of Neste MY Sustainable Aviation Fuel™ from Neste to reduce the carbon emissions from flights departing from Helsinki Airport in Finland. Sustainable aviation fuel (SAF) is one of the most important tools for reducing the emissions of air travel in the coming years and is available for all airlines at Helsinki Airport.
Finnair aims to achieve carbon neutrality by 2045, and the use of sustainable aviation fuel is an important tool in this regard. Using Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80%* over the fuel’s life cycle compared to using fossil jet fuel. The fuel volume now purchased is Finnair's single largest batch of sustainable aviation fuel purchased to date. The SAF will be delivered by Neste to Helsinki Airport in early 2023. The 750 tons of SAF corresponds to approximately 400 flights between Helsinki and Stockholm using unblended, 100% SAF. Currently, SAF can be used blended up to 50% with conventional fossil jet fuel.
"Finnair celebrates its 100th anniversary this year, and reducing emissions from flying is an essential part of a sustainable future. Sustainable aviation fuel will be one of the most important tools for reducing emissions in the coming years. We also involve our customers in this, and a small part of every flight ticket sold goes to the cost of sustainable aviation fuel," says Eveliina Huurre, Finnair's SVP, Sustainability. “Reducing emissions from flying requires an extensive toolkit and everyone's effort. While we are increasing the use of SAF, we will also continue to take all other steps, from reducing the weight of aircraft to optimizing flight routes and increasing fuel efficiency."
“Finnair was one of the first airlines using our Neste MY Sustainable Aviation Fuel. We have been working together for a long time and look forward to supporting Finnair to meet its sustainability targets,” says Jonathan Wood, Vice President Commercial and Technical Management, Renewable Aviation at Neste. “It is great to see Finnair taking the initiative to voluntarily purchase our SAF as part of their sustainability commitments, and creating awareness among their customers on how to play a role in creating a more sustainable future.”
Sustainable aviation fuel
SAF is a renewable aviation fuel providing a more sustainable alternative to conventional, fossil based jet fuel. Neste MY Sustainable Aviation Fuel is produced from sustainably sourced, 100% renewable waste and residue raw materials, including used cooking oil and animal fat waste. SAF is blended with conventional jet fuel and works seamlessly with existing aircraft engines and fueling infrastructure.
*) When used in neat form (i.e. unblended) and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology
Vice President, Communications
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Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world’s leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. We have committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. We also have set high standards for biodiversity, human rights and supply chain. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2022, Neste's revenue stood at EUR 25.7 billion. Read more: neste.com
Finnair in brief
Finnair is a network airline, specialising in connecting passenger and cargo traffic between Asia, North America and Europe. Finnair is one of the oldest operating airlines in the world, celebrating its centenary in 2023. Sustainability is at the heart of everything we do – Finnair intends to reach carbon neutrality latest by the end of 2045. Customers have chosen Finnair as the Best Airline in Northern Europe in the Skytrax Awards for 12 times in a row. Finnair is a member of the oneworld alliance. Finnair Plc’s shares are quoted on the Nasdaq Helsinki stock exchange.