DHL Express and Cathay Group Finalize Agreement for Sustainable Aviation Fuel Supply
DHL Express and Cathay Group Partnership to Reduce Air Cargo Emissions
DHL Express and the Cathay Group have announced a new partnership aimed at reducing greenhouse gas emissions in the air cargo industry. This collaboration, which is active through 2025, sees Cathay supplying DHL with 2,400 metric tons of sustainable aviation fuel (SAF) for use on Air Hong Kong-operated international cargo flights departing from Seoul Incheon, Tokyo Narita, and Singapore Changi airports.
This SAF deal is a significant milestone for Cathay as they continue to expand the use of SAF across their global network. SAF currently accounts for less than 1% of the total global jet fuel consumption, but this partnership is a step towards increasing that percentage.
The usage of this SAF is expected to reduce lifecycle greenhouse gas emissions by approximately 7,190 metric tons. This is equivalent to the emissions of over 100 Airbus A330 freighter flights between Hong Kong and Singapore.
DHL sees SAF as a key part of its "Strategy 2030" for "green logistics," aiming for SAF to constitute 6% of its fuel use by the end of 2025 and 30% by 2030. Cathay, on the other hand, highlights SAF as a core pillar of its carbon reduction strategy and emphasizes collaboration for scaling SAF usage, particularly within the Asian market.
This partnership strengthens their long-standing collaboration and reflects a shared commitment to lowering carbon emissions in the air cargo sector in Asia. The initiative not only reduces emissions but also enhances DHL’s capability to safely and efficiently transport alternative fuels, supporting broader goals around new energy and sustainable logistics.
Both parties have expressed a desire to expand the SAF ecosystem in Asia through this partnership, seen as a critical step toward decarbonizing air cargo. Cathay, in particular, has been steadily expanding its SAF efforts across the region, partnering with suppliers and co-initiating policy development for SAF.
For more updates on DHL's initiatives, you can follow them on X.com/DHLglobal. The website for DHL Group press releases is group.dhl.com. DHL Group is developing end-to-end logistics solutions for eight segments, including alternative fuels and hydrogen, under its Strategy 2030.
The announcement's content is solely the responsibility of the issuer.
This partnership between DHL Express and Cathay Group underscores their shared focus on the finance and energy sectors, as they strive to lower carbon emissions in the air cargo industry and increase the use of sustainable aviation fuel (SAF). DHL, with its "Strategy 2030" for green logistics, aims to incorporate 6% of SAF into its fuel use by 2025 and 30% by 2030, a significant move in the finance sector to invest in cleaner energy.
