Kintetsu World Express : Agreement with Lufthansa Cargo AG for the Use of SAF

Kintetsu World Express, Inc. (Headquarters: Minato-ku, Tokyo; President: Nobutoshi Torii) is pleased to announce that it has signed an agreement with Lufthansa Cargo AG (Headquarters: Frankfurt am Main; CEO: Dorothea von Boxberg) for the use of sustainable aviation fuel (SAF).

Under this agreement, the use of SAF reduces the CO₂ (tank to wheel) emitted by the aircraft during the flight from the origin airport to the destination airport, and in addition, offsets from climate protection projects are applied to the CO₂ (well to tank) generated during production and transportation of the SAF to the origin airport, resulting in 100% carbon neutral transportation. This directly reduces our largest CO₂ emissions (Scope 3).

"Climate change is getting more and more obvious and devastating everywhere in the world. As an asset-light freight forwarder, reducing our Scope 3 greenhouse gas emissions is key to winning the battle against global warming. And SAF is a rising star. Recently, in our initial response to the recommendations of The Task Force on Climate-related Financial Disclosures (TCFD), we declared our intention to actively participate in our partner airlines' SAF programs. I am delighted and proud to work with our long-time partner Lufthansa Cargo for the sustainable future of the air cargo industry", states Nobutoshi Torii, President & Chief Executive Officer of Kintetsu World Express.

We will continue to contribute to the realization of a low-carbon society through various initiatives.

*Click here for joint press release with Lufthansa Cargo AG.