Whitepaper

Europe Raises SAF Mandate to Fight Against Climate Issues

Investment Insights

With the introduction of the sustainable aviation fuel (SAF) mandate, the European Union (EU) has once again demonstrated its leadership capabilities in climate change issues. The new regulation under the ‘ReFuelEU’ strategy will help reduce carbon pollution by the end of the decade. The primary objective of the ReFuelEU aviation mandate is to reduce carbon emissions and begin using alternative fuels that are sustainable in aviation. However, the European Union aviation's sustainable fuel mandate is only the beginning of the government’s plan to back SAF and ultimately sustainable aviation.

Key Takeaways:

  • Investing in the right type of biofuels is important otherwise, companies would lose their credibility with the customers.
  • With ESG parameters becoming a major driver of business valuation, any misconduct by a company might risk its brand image and impact valuation.
  • Fulfilling the sustainability targets will help companies to improve their brand value and ESG rating.
  • As per the study from PwC and Strategy, it is anticipated that the addition of SAF will increase the fuel cost for airlines by up to 16% by 2038.

To know more...




Authors

Related Topics

How Digital Innovation is Shaping the Industry

Whitepapers

Retail Reimagined-How Digital Innovation is Shaping the...

The retail industry is on the verge of a technological revolution, unlocking new opportunities to transform operations and elevate customer experiences....

Gen AI Whitepaper

Whitepapers

The Financial Industry Reinvented- Generative AI and Its...

Generative AI (GenAI) is a rapidly growing technology significantly transforming the financial industry. It has positively impacted various financial...

AI powered cash management

Whitepapers

AI-Powered Cash Management: Unlocking New Potential for...

The transformative potential of AI-powered cash management solutions for institutional investors in the money market aims to address the critical challenges...

We bring comprehensive data driven insights to everyone, everywhere