All Nippon Airways (ANA) and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN) have signed a Memorandum of Understanding (MOU) to mutually cooperate on initiatives aimed at manufacturing and procuring sustainable aviation fuel (SAF) overseas.
Based on this MOU, ANA will provide advice and other support to JOIN's SAF projects overseas, based on its experience and know-how in the aviation business and JOIN will work to secure and increase ANA's opportunities to stabilize its procurement of SAF by expanding investments in the SAF projects as well as actively working to supply SAF from the projects to ANA.
ANA is working on the stable procurement of SAF to meet the long-term goal of carbon neutrality by 2050, adopted by the International Civil Aviation Organization (ICAO).
Furthermore, ANA has set the goal (of replacing 10% of its jet fuel with SAF by 2030) and achieving carbon neutrality by 2050 based on its Climate Transition Strategies.
In March 2022, ANA co-founded an organization, “ACT FOR SKY”, for the commercialization, promotion and expansion of domestically produced SAF.
JOIN will support Japanese air carriers to decarbonize their operations by actively participating in SAF projects overseas with Japanese companies.
"ANA Group is working on various measures to expand the use of SAF, aiming to replace at least 10% of its jet fuel with SAF by FY2030 and to achieve carbon neutrality by FY2050," ANA said.
"As a leading airline in Japan, we will continue to proactively work to incorporate initiatives to reduce CO2 emissions and contribute to delivering solutions to environmental issues," it added.
