Travel Places and BA Collaborate to Launch SAF Fund

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by KnowESG
KnowESG_Phillips 66 SAF refinery
Picture of Phillips 66 SAF refinery.

Travel Places, a group business travel specialist, is launching a new sustainable aviation fuel (SAF) fund in collaboration with British Airways (BA), providing a one-of-a-kind opportunity for Travel Places' clients to address the carbon footprint of their business travel.

Travel Places is a travel management company that helps sports teams, musicians, and media and entertainment companies plan their trips. It has been certified for ISO 20121: Sustainable Event Management and supports clients in making sustainable travel choices.

It has partnered with British Airways to offer its clients the option to purchase SAF provided by Phillips 66 Limited through a multi-year partnership with British Airways. The SAF is made from used cooking oil and has over 80% less pollution over its whole life cycle than traditional jet fuel made from fossil fuels.

By purchasing a portion of SAF, Travel Places' clients can reduce their carbon footprint and indirectly address their Scope 3 emissions (which include all indirect emissions that occur in the value chain of a reporting company) from business travel. This supports further investment and growth of SAF, and clients receive a certificate and additional certification once the SAF is supplied. The SAF is delivered directly to London Heathrow through British Airways' partnership with Phillips 66 Limited, using existing pipeline infrastructure.

Nick Warren, Joint Managing Director at Travel Places, said:

“Our clients deliver incredible events that have a positive impact on so many lives, but there is recognition of the impact that travel to these events can have on resources, society, and the environment.

“We are committed to developing solutions that will support our clients as they continue to make progress toward ambitious sustainability goals. It is by working together that we can have the greatest positive impact, so we are delighted to be working with British Airways on this initiative, which demonstrates our shared commitment towards a more sustainable future for our industry.”

Carrie Harris, Director of Sustainability at British Airways, said:

“At British Airways, we believe that sustainable aviation fuel can be a game-changer, and our continued investment in its development is just one of the ways we plan to achieve net zero emissions by 2050 or sooner.

“By Travel Places allowing its clients to purchase SAF, companies can better understand and address their emissions and support the advancement, production, and commercial rollout of SAF to help reduce aviation’s reliance on fossil fuels.”

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Source: BA

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