Sustainable Aviation Fuel
In 2022 we became the first global sports team to announce a multi-year, multi-million euros commitment to invest in Sustainable Aviation Fuel, an industry-leading approach to reducing our Scope 3 aviation carbon footprint, through a book and claim model (SAFc) and longer-term refinery investment.
Sustainable Aviation Fuel (SAF) is a type of biofuel that is designed to be used in aircraft. SAF is produced from a range of renewable feedstocks such as used cooking oils, fats, plant oils, municipal, agricultural and forestry waste. Other potential sources include forestry waste, such as waste wood, and energy crops, including fast-growing plants and algae.
Aviation accounts for a significant portion of our carbon footprint so for us it’s about changing our mindset and, where we must fly, we want to do it in the most sustainable way.
Our investment in SAFc has significantly improved our overall environmental impact and supported our journey towards Net Zero, despite increased travel due to a growing race calendar.
In 2023, we more than doubled our investment in Sustainable Aviation Fuel Certificates (SAFc) by volume. By doing so we saved 6,695 tCO2e, compared with 2,628 tCOe the previous year, leading to a reduction in our business travel emissions in 2023 by 65%, compared to 29% in 2022.
In 2023, for the first-time, part of the SAFc secured for our team was produced and consumed within the UK market, helping to scale the industry.