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Tag: Offsetting

Maersk finalizes ECO delivery deal with Amazon

Florham Park, New Jersey, September 6, 2023 – A.P. Moller – Maersk (OTC: AMKBY) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 metric tons of CO2e vs standard bunker fuel, roughly equivalent to 50 million pounds of coal burned. This is the fourth consecutive year that Amazon and Maersk have arranged container shipping using low GHG fuel options.

The ECO Delivery biofuel option offers emission reductions that enable immediate and externally verified GHG savings for customers, without compensatory measures like offsetting. This year, Amazon will benefit from a new feature of the ECO Delivery product which will be enabled by also using green methanol in addition to the bio diesel as a second green fuel* in the vessel fleet. ECO Delivery is using primary data for fuel consumption in the methodology to report emissions savings with greater precision, inclusive of other greenhouse gases in addition to the CO2. The new model also provides price certainty and stability and is de-linked from the fossil fuel market.

* Maersk defines ’green fuels’ as fuels with low to very low GHG emissions over their life cycle compared to fossil fuels. Maersk green fuels and its supply chain are verified by the International Sustainability and Carbon Certification (ISCC) . The methodology for accounting emissions is based on GLEC (Global Logistics Emissions Council) and is certified by Smart Freight Center. We ensure auto-generated performance tracking of Maersk ECO Delivery shipments. Maersk ECO Delivery CO2e saving certificates will be issued. The method is audited by PwC in accordance with the International Standard of Assurance Engagements 3410 (ISAE 3410 – Assurance Engagements on Greenhouse Gas Statements), showing CO₂e savings for the scope of the Maersk ECO Delivery agreement.

 

JetBlue to Become Carbon Neutral in 2020

(Reuters) – JetBlue Airways Corp on Monday said it plans to become carbon neutral on all domestic flights by July 2020 and would use an alternative fuel source for flights leaving from San Francisco amid rising pressure to cut greenhouse emissions.

The aviation industry has been trying to combat climate change by trying to cut its greenhouse gas emissions in half by 2050 compared with 2005 levels and sees the emergence of lower-carbon biofuels as a vital step towards meeting this goal.

The industry’s plan rests on a mix of alternative fuel, improved operations such as direct flight paths, new planes and other technologies.

JetBlue in its attempt to reduce greenhouse gas emissions will favor renewable sources and will start using sustainable aviation fuel in mid-2020 on flights from San Francisco International Airport.

“By offsetting all of our domestic flying, we’re preparing our business for the lower-carbon economy that aviation – and all sectors – must plan for,” Chief Executive Officer Robin Hayes said in a statement.

JetBlue declined to give details about the cost of the exercise. It did not disclose if any other airports will be a part of the plan to reduce greenhouse gas emissions.

Sustainable-fuel, derived from sustainable oil crops or from wood and waste biomass, would have the single largest impact in reducing emissions from each flight by around 80%, but is in short supply, according to the International Air Transport Association (IATA).

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Amy Caren Daniel and Aditya Soni)

A JetBlue aircraft comes in to land at Long Beach Airport in Long Beach

JetBlue to GreenUp® All Carbon Emissions In June

  • In Partnership with Carbonfund.org, JetBlue Will Help Protect a Portion of the Brazilian Rainforest and Support Carbon Dioxide Sequestration Offsets
  • Since 2008, JetBlue Has Offset More than 2.3 Billion Pounds of CO₂ to Help Introduce ‘Carbon Offsetting’ to Customers

NEW YORK–(BUSINESS WIRE)– To kick-off the busy summer travel season while keeping carbon offsetting top of mind, JetBlue (Nasdaq: JBLU) today announced it will offset the carbon dioxide emissions (CO2) for all JetBlue customers flying throughout the month of June. JetBlue is partnering with Carbonfund.org Foundation, an environmental non-profit organization, to offset CO2 for all scheduled JetBlue flights from June 1 to June 30, 2019.

Over the past 11 years, JetBlue has partnered with Carbonfund.org, allowing travelers to offset an estimation of the ‘carbon footprint’ from their flights by supporting a variety of carbon dioxide reduction projects. To date, JetBlue has purchased offsets totaling more than 2.3 billion pounds (1 million metric tons) of CO2 emissions. Since 2008, JetBlue’s carbon offsets have helped fund technology and forestry projects to help counterbalance the addition of greenhouse gases into the atmosphere from flying.

“As an airline, we admit that we emit. Communally, the traveling public’s and airline’s first-line of defense is flying efficiently and avoiding unnecessary emissions,” said Sophia Mendelsohn, head of sustainability and environmental social governance, JetBlue. “Flying remains a backbone of our economy. JetBlue is inspiring our customers by purchasing offsets on their behalf for emissions that cannot be avoided. While we work toward renewable jet fuel options and ‘carbon-neutral’ flying, offsets are one small way we’re addressing emissions.”

Offsetting all scheduled customers’ flights throughout June will reduce JetBlue’s flying impact by an estimated 700,000 metric tons of CO2, according to Carbonfund.org. This reduction is accomplished by offsetting CO2 through the Envira Amazonia Tropical Rainforest Conservation Project, a carbon offset project approved by the Verified Carbon Standard (VCS) and Climate, Community & Biodiversity (CCB) Standard. These third party verifications demonstrate the project protects nearly 500,000 acres of Amazon tropical rainforest and, mitigates the release of more than 12.5 million tonnes of carbon dioxide emissions over the project lifetime, preserves the habitat for biodiversity and enhances the lives of rural forest communities.

JetBlue’s Carbon Offsetting Initiatives – JetBlue has a history of offsetting emissions. Since 2008, JetBlue has offset 2.3 billion pounds of CO₂ emissions. In April 2015, JetBlue offset a month of customers’ flight in celebration of Earth Month. In 2014, JetBlue worked with Carbonfund.org to offset the CO2 emissions for an entire year on all A321 flights between San Francisco and New York’s JFK Airport.

Beyond June, JetBlue is focused on emissions reduction and avoidance in the long-term. JetBlue recently released its annual environmental social governance (ESG) report detailing the airline’s long-term emissions and climate risk management strategy. The 2018 report is available here.