ANA and JOIN Sign MoU to Boost SAF Cooperation
All Nippon Airways (ANA) and Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN) signed a Memorandum of Understanding (MoU) to work together on projects to make and buy sustainable aviation fuel (SAF) overseas.
Based on this MoU, ANA will give advice and other help to JOIN's SAF projects overseas based on its experience and knowledge in the aviation business. JOIN will work to secure and increase ANA's opportunities to stabilise its procurement of SAF by increasing investments in the SAF projects and actively working to supply SAF from the projects to ANA.
ANA is focusing on a stable purchase of SAF to satisfy the International Civil Aviation Organisation's (ICAO) long-term target of carbon neutrality by 2050. Furthermore, based on its Climate Transition Strategies, ANA has set the aim of replacing 10% of its jet fuel with SAF by FY2030 and achieving carbon neutrality by FY2050. In March 2022, ANA co-founded the "ACT FOR SKY " organisation to commercialise, promote, and expand domestically made SAF.
By actively participating in SAF initiatives worldwide with Japanese industries, JOIN will assist Japanese airlines in decarbonising their operations. JOIN will also contribute to the realisation of the "Accelerating transitions toward a decarbonised society," one of the concrete pillars set out in the Japanese Government's "Infrastructure System Overseas Promotion Strategy 2025," by promoting energy diversification in transportation and urban development projects.
ANA Group is working on several projects to increase the use of SAF, intending to replace at least 10% of its jet fuel with SAF by FY2030 and become carbon neutral by FY2050. As a prominent Japanese airline, it will continue to work proactively to incorporate steps to minimise CO2 emissions and contribute to the delivery of environmental solutions.