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Avfuel Commits to Sustainability

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PRESS RELEASE


Sustainability
Avfuel Commits to Sustainability

LAS VEGAS / October 12, 2021– As a leader in sustainable aviation solutions, Avfuel Corporation caps off an exciting year of developments by announcing a formal commitment to sustainability, including a new sustainability mission statement and a pledge to offset emissions annually.

According to the fuel supplier, Avfuel is committed to identifying, developing, providing and advocating for sustainable solutions, making it Avfuel’s duty to promote environmentally responsible operations at its properties and throughout the Avfuel Network, in addition to facilitating initiatives to help customers reach their sustainability goals.

As part of this mission, Avfuel will now offset all annual carbon emissions generated from: scope 1 and 2 activities (i.e., energy used on Avfuel’s campuses and by company vehicles, including fuel burned by Avfuel’s owned transport trucks for fuel deliveries); fuel used in corporate aircraft; and diesel used in leased refueler truck equipment across the Avfuel Network.

Avfuel will offset these emissions with carbon credits from 2020 onward, helping to reduce its net carbon footprint. For 2020, this involves offsetting 8,164 metric tons of carbon emissions with carbon credits purchased through CBL Markets—Avfuel’s new carbon credit provider.

“At Avfuel, we recognize the responsibility we have—especially as a fuel supplier—to operate with a sustainable mindset,” said Marci Ammerman, Avfuel’s vice president of marketing. “After carefully reviewing the emissions we produce as a company with third-party sustainability consultants, we felt it imperative to do our part in reducing our net carbon footprint.

AvfuelWhile we’ll continue to analyze how we can reduce our direct emissions as a company, we’re excited to promote a cleaner, brighter future by offsetting the emissions we do generate through the use of carbon credits, which fund green initiatives that wouldn’t otherwise take place.”

Avfuel will purchase carbon credits through its own Carbon Offset Program. Avfuel’s Carbon Offset Program is a voluntary sustainability solution whereby operators and companies can choose to reduce their net emissions by investing in green projects.

All projects have strict monitoring, verification and certification requirements to ensure full levels of due diligence and compliance, meeting either the Gold Standard, American Carbon Registry, Climate Action Reserve or Verified Carbon Standard. This means the carbon credit investment is certified to be genuine and ultimately feeds directly into the environmental project.

To further help realize its sustainability mission, Avfuel provides or is working toward a number of sustainability solutions in addition to its Carbon Offset Program and offsetting pledge, including: bringing sustainable aviation fuel (SAF) and unleaded avgas to market, and launching a book and claim offering for SAF. Those interested in learning more about Avfuel’s sustainability solutions are encouraged to visit Avfuel.com/Sustainability.


Avfuel Launches Book and Claim Program to Expand SAF Benefit Globally


PRESS RELEASE


Keith
Keith Sawyer, Avfuel’s manager of alternative fuels.

LAS VEGAS / October 12, 2021 – As Avfuel Corporation continues to increase its number of locations offering sustainable aviation fuel (SAF), the leading fuel supplier launched a new solution to help efficiently and sustainably increase access to SAF: a book and claim program.

With Avfuel’s book and claim program, customers can buy a full load delivery of SAF and receive credit for the emissions reductions benefit it provides no matter where they are in relation to where the fuel is delivered.

“We’re thrilled to now make SAF more attainable for our customers worldwide,” said Keith Sawyer, Avfuel’s manager of alternative fuels. “Sustainable aviation fuel is the most effective way to reduce a flight’s carbon footprint, and book and claim is the single-most effective way to make SAF attainable for customers no matter where they fly. SAF production is largely isolated to the Western U.S.

Trucking the fuel to the opposite end of the country where a customer may want SAF is not only less efficient and costlier—particularly given the truck driver shortage—but also affects the lifecycle emissions reduction benefit of SAF. Rather than moving the SAF molecules, it makes far more sense to move the accreditation.”

With Avfuel’s book and claim program, a customer can purchase SAF (the claim) no matter where they’re located—paying the premium cost for SAF over jet fuel and, in return, receiving the credit for its use and applying it to their ESG scores. This SAF is taken off the book at an airport where the physical SAF molecules are held and being uplifted by customers who are simply paying for jet fuel and do not get to claim credit toward using SAF in their ESG scores.

The entire system is conducted in a compliant manner so that the benefit of the SAF molecules can’t be double-counted. Only the SAF purchaser—no matter where they are based—receives credit for that SAF’s emissions reductions.

Avfuel
sustainable aviation fuel (SAF)

“It’s not unlike carbon offsetting whereby you can pay to invest in green projects and receive credit toward carbon emissions reductions,” said Sawyer. “The difference is that emissions are being directly reduced by an operation through the use of SAF, rather than simply offsetting emissions that have already been produced.”

Customers who are interested in purchasing SAF through Avfuel’s book and claim program are encouraged to contact Sawyer at ksawyer@avfuel.com or by reaching out to their designated area manager at 734.663.6466.

Avfuel’s book and claim program is one of a number of sustainability solutions the fuel supplier offers or is working toward, in addition to sustainable aviation fuel (SAF), a Carbon Offsetting Program, unleaded avgas, and a pledge to offset its own emissions.

These initiatives are in response to Avfuel’s commitment to identify, develop, provide and advocate for sustainable solutions, making it Avfuel’s duty to promote environmentally responsible operations at its properties and throughout the Avfuel Network, in addition to facilitating initiatives to help customers reach their sustainability goals.

Those interested in learning more about all of Avfuel’s sustainability initiatives can visit Avfuel.com/Sustainability.


Avfuel Selects CBL Markets as Carbon Credit Provider


PRESS RELEASE


Avfuel
Avfuel Selects CBL Markets as Carbon Credit Provider

LAS VEGAS / October 12, 2021 – After launching its Carbon Offset Program last year, Avfuel Corporation—a leading global supplier of aviation fuel and services—announces its partnership with CBL Markets, a new carbon credit provider for the program.

CBL Markets will help the fuel supplier with back-end efficiencies for the program, including sourcing green projects, carbon credit accreditation and certificate retiring.

“After careful consideration and numerous discussions with CBL Markets, Avfuel is excited to finally launch this new partnership,” said Muneeb Ahmed, Avfuel’s director of trading and logistics. “While the customer-facing component of Avfuel’s Carbon Offset Program will remain the same, our new partnership with CBL Markets will allow for greater efficiencies for a more robust offering.”

Avfuel’s first transaction with CBL Markets was to offset its own 2020 emissions. The fuel supplier announced at NBAA its pledge to offset its own scope 1 and 2 activities, among other emissions—including those from more than 700 customer-leased refueler trucks—on an annual basis to reduce its carbon footprint. To do so for 2020, Avfuel purchased more than 8,000 carbon credits from CBL Markets.

Avfuel’s Carbon Offset Program is a voluntary sustainability solution; for a small additional per gallon fee, the program helps operators reach net zero by purchasing carbon credits that invest in green projects.

All projects Avfuel sources through CBL Markets have strict monitoring, verification and certification requirements to ensure full levels of due diligence and compliance, meeting either the Gold Standard, American Carbon Registry, Climate Action Reserve or Verified Carbon Standard. This means all investments from Avfuel’s Carbon Offset Program are certified to be genuine and ultimately feed directly into environmental projects.

Every carbon credit offsets approximately 100 gallons of jet fuel. Credits are calculated using an industry-standardized formula—measured in accordance with the Greenhouse Gas Protocol and the ISO 14064 Standard—and utilizing carbon dioxide emission coefficients as assigned by the U.S. Energy Information Administration.

Customers interested in carbon offsetting are encouraged to visit Avfuel.com/offset. They can purchase carbon credits either by designating a certain amount of gallons to offset when they purchase fuel from Avfuel or on all fuel-gallons purchased through Avfuel on a continuous basis. Each quarter, Avfuel will send customers a summary of the carbon credit certificates retired from their purchases.

Avfuel’s Carbon Offset Program is one of a number of sustainability solutions the fuel supplier offers or is working toward, in addition to sustainable aviation fuel (SAF), a book and claim program for SAF, unleaded avgas, and a pledge to offset its own emissions.

These initiatives are in response to Avfuel’s commitment to identify, develop, provide and advocate for sustainable solutions, making it Avfuel’s duty to promote environmentally responsible operations at its properties and throughout the Avfuel Network, in addition to facilitating initiatives to help customers reach their sustainability goals.