Published by Todd Bush on July 3, 2026
Deutsche Bank is investing approximately 1600 metric tonnes of Sustainable Aviation Fuel (SAF) through its partnership with Lufthansa Group. The agreement will reduce the environmental impact of business travel while supporting the adoption of sustainable aviation fuels across the industry.
Around 5500 metric tonnes of CO₂ emissions will be cut down as compared with conventional jet fuel. This reduction is equivalent to the emissions generated by around 520 Airbus 320neo flights operating between Frankfurt and London.
>> In Other News: Mitsubishi Gas Chemical and ACME Group Sign Agreement for the Purchase and Sale of Green Methanol
Senior VP Global Sales and Distribution, Frank Naeve, Lufthansa Group,” Deutsche Bank’s decision to support the deployment of SAF with Lufthansa Group at this scale is a compelling demonstration that more sustainable flying is becoming increasingly important in the business travel sector. We are delighted to set a milestone together with Deutsche Bank – and to show that companies can make a measurable contribution to reducing the climate impact of their travel activities through concrete investments in SAF.”
Lufthansa continues offering business opportunities to purchase SAF through bulk agreements, enabling companies to reduce Scope 3 emissions while supporting increased SAF production. Deutsche Bank is using SAF as part of its target to halve its supply nearly chain-related CO₂ emissions by 2030 compared with 2019 levels, believing that stronger demand for SAF will encourage fuel producers to expand production capacity, making alternative aviation fuels more widely available and economically competitive.
CSO of Deutsche Bank, Jörg Eigendorf, said, “Sustainable Aviation Fuel is an important instrument for Deutsche Bank in our efforts to nearly halve our CO₂ emissions along our supply chain by 2030 compared with 2019. It is also important for us to send a signal: only if there is reliable demand will SAF producers invest in production and make alternative fuels more competitive. This is a key part of our overall approach: we want to reduce CO₂ emissions from our business travel and offset the remaining emissions where feasible.”
According to Lufthansa’s airline reports, around 1700 companies worldwide invested in SAF solutions during 2025, whilst more than five per cent of passengers selected sustainable travel options such as Green Fares. Lufthansa Group is advancing its sustainability strategy through fleet modernization, improved fuel efficiency, expanded use of SAF, increased intermodal transport options, and continued support for climate and weather research.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌲 Governor Newsom Announces Key Step Forward in California Plan to Link Carbon Markets With Washington State 🍁 MAX Power's Lawson 4 Puts Western Canada on the Natural Hydrogen Ma...
Inside This Issue 🌬️ Spiritus Signs First Three Letters of Intent With U.S. Oil Producers for On-Site CO₂, Representing More Than 3 Million Tonnes of Annual Demand ✈️ Germany's Uniper Signs Offtak...
Inside This Issue ♻️ Vanguard Renewables and Generate Upcycle Unite to Create North America's Largest Food Waste-to-RNG Platform 🌍 Google Is Buying Climate Impact on Two Clocks at Once ✈️ Infinium...
New Report Shows Strong Progress in Sustainable Aviation Fuel (SAF) Availability Across the EU
The European Union Aviation Safety Agency (EASA) today published the annual report on the implementation of the ReFuelEU Aviation Regulation. The report provides a comprehensive overview of the ava...
Lower-Carbon Steel and Permanent Storage: CCS Expands Across the Gulf Coast
We are now capturing, transporting and storing captured CO₂ from Nucor's direct reduced iron facility in Convent, Louisiana, supporting lower-carbon steel production. Nucor is our third active com...
Jacobs Extends Role on German Hydrogen-Capable Direct Reduction Plant
DALLAS – Jacobs (NYSE: J) was selected to extend its role on thyssenkrupp Steel's direct reduction plant in Duisburg, Germany, continuing to provide project management office (PMO), construction ma...
Federal Government Developing Framework for Greater International Cooperation on Carbon Markets
OTTAWA, ON, Sept. 24, 2026 /CNW/ -- With world-class industrial expertise, geology, clean power, abundant natural resources, and a strong policy foundation, Canada has an opportunity to build a glo...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.