Wed, Jun 21

Bank of America : to Join one of the World's Largest Sustainable Aviation Fuel (SAF) Programs

Bank of America

New York, NY - American Express Global Business Travel (Amex GBT), the world's leading B2B travel platform, and Shell Aviation today announced that Bank of America is the first financial institution to join their sustainable aviation fuel (SAF) program. The program launched in 2022 with 1 million gallons of SAF available for corporate customers - enough to power almost 15,000 business trips from London-to-New York 1. Operated on the Avelia platform, it is one of the world's first blockchain-powered digital SAF book-and-claim solutions for business travel.

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Andrew Crawley, President, American Express Global Business Travel, said: "The business travel sector has a critical role to play in scaling SAF and accelerating the decarbonization of travel. We will move closer to achieving these objectives with more companies like Bank of America making bold commitments and recognizing the powerful role the corporate travel program can play in achieving a company's broader sustainability ambitions."

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