KINTETSU WORLD EXPRESS
continue delivering the fuels and lubricants our customers need .”
Already , Shell Aviation is supplying SAF to customers in Europe , Asia and the US , utilising its existing fuelling network to supply low-carbon fuels to key international hubs .
Work is also being carried out to help increase SAF production . Last year , Shell Aviation signed a multi-year offtake agreement with Montana Renewables , one of the largest SAF producers in North America .
Avelia supports wider decarbonisation Launched in 2022 , Shell ’ s Avelia is one of the world ’ s first blockchain-powered digital book-and-claim solutions for scaling SAF .
The technology is used to target airlines and corporate customers , encouraging them to accelerate use of SAF for business travel .
Avelia uses blockchain to enable clear and transparent tracking of the environmental attributes of the SAF delivered into the aviation fuelling network , tracking the whole journey from production right the way through to entry .
This allows airlines and corporations to authenticate and record associated emission reductions as part of their voluntary ESG reporting .
“ Use of blockchain technology here is key ,” explains Karia , “ as it enables the secure and transparent allocation of the environmental attributes of SAF to companies and airlines .
“ This is really important as it ensures Avelia stands out as an independently verifiable solution .”
Strong momentum is already building behind Avelia , with the list of high-profile participants now including Google , Bank of America , Aon , Cathay Pacific , JetBlue , Delta , Japan Airlines and Emirates , to name a few .
Shell Aviation and KWE collaborated to test and accelerate the use of Smart Freight Centre ’ s ( SFC ) Market Based Measures Accounting Framework within air freight using Avelia ’ s SAF book-and-claim platform
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Shell Aviation blends Sustainable Aviation Fuel ( SAF )
This collaboration focused on piloting the delivery of SAF under the book-and-claim chain of custody to decarbonise air freight activities , and contributed towards the development of SFC ' s Voluntary Market Based Measures Accounting Framework .
Blended SAF is supplied to Shell Aviation ’ s airport supply network
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Declaration of Environmental Attributes ( DEAs ) associated with the physical SAF are booked into Avelia ’ s digital book-and-claim platform |
Scope 3 DEA is allocated to KWE ’ s shipper in collaboration with KWE to reduce their Scope 3 emissions associated with air freight activity |
Scope 3 DEA claimed by KWE ’ s shipper is retired on the Avelia platform ensuring data integrity and helping to prevent double counting |
194 April 2024 |
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