As a global network, it is important to us to think about the future of aviation and to contribute to making it more sustainable. In FY23, PwC China joined Asia's first major Corporate Sustainable Aviation Fuel (SAF) Programme with Cathay Pacific. As one of the first corporate launch customers, we are committed to reducing carbon emissions by purchasing SAF through this first major programme of its kind in Asia.
The SAF used for the launch of this programme is made from used cooking oil and animal fat waste. It is made available to Cathay Pacific by its pilot Corporate SAF Programme fuel suppliers. The very first uplift of SAF at Hong Kong International Airport (HKIA) was made possible through a collaborative effort with many stakeholders along the supply chain and various government departments. The SAF used in this programme goes through the normal aviation fuelling infrastructure. This provides important learning points to develop an ongoing and regular SAF supply from HKIA in the future.
“As part of PwC’s commitment to net zero, we have made supporting the development of sustainable air travel a priority. Despite its benefits, sustainable aviation fuel only accounts for a very small percentage of global jet fuel used today. Accelerating its adoption over the next decade can help to reduce emissions caused by air travel. Therefore, we are collaborating with the aviation industry to increase investment in SAF. We look forward to collaborating with airlines and other corporates towards transitioning to a net zero future and delivering a sustainable tomorrow.”
--Raymund Chao, PwC Asia Pacific and China Chairman