Tuesday, May 28, 2024
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Prada Group announces first investment in SAF credits

As per news report published in Hydrocarbon Engineering, Prada Group has made its initial investment in sustainable aviation fuel (SAF) credits through DHL Global Forwarding’s GoGreen Plus service. This partnership with DHL in 2023 resulted in the Prada Group saving approximately 4,500 tons of CO2, equivalent to 7% of the Group’s total emissions from transportation.

Currently, SAF is recognized as one of the most effective methods for decarbonizing the aviation industry, offering a reduction in greenhouse gas emissions of at least 80% compared to conventional aviation fuel.

DHL adopts an insetting approach by utilizing sustainable fuels to directly reduce emissions at their source. Air carriers use sustainable biofuels on behalf of DHL, resulting in emission reductions. These reductions are then credited to DHL and allocated to shippers in the form of certificates.

The SAF used by DHL for the Prada Group, derived from waste sources such as used cooking oil and food waste, is certified by the International Sustainability & Carbon Certification (ISCC), an independent initiative that promotes sustainable, traceable, deforestation-free, and climate-friendly supply chains.



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