Video interview alert!
Berlin, Germany, Thursday 21st September - Neste, the world’s leading producer of Sustainable Aviation Fuel (SAF), and SQUAKE, the industry solution for sustainable travel and logistics, are announcing a strategic partnership. It will allow unprecedented scale for the adoption of SAF within the business travel industry as a key solution to reduce the climate impact of business travel. The partnership marks a significant advancement in reducing air travel related emissions as it enables businesses to purchase Neste MY Sustainable Aviation Fuel™ through SQUAKE’s Solution Suite. Travel companies using SQUAKE’s tech infrastructure can now provide their clients with seamless access to SAF across their product offerings, for instance as part of travel policies or within the booking process.Goodwings, the climate-focussed SaaS travel management system based in Copenhagen, Denmark, becomes the inaugural partner to join SQUAKE’s new SAF+program. Thereby, enabling its global client network to mitigate their emissions and fly more sustainably using Neste MY Sustainable Aviation Fuel where all costs are covered by Goodwings. With SQUAKE’s API embedded in Goodwings’ tech platform, all processes from SAF order creation and invoicing to document management can now be performed fully automated.
“This partnership realises the core purpose of our solution: connecting change and decision makers at scale to maximise and accelerate the sustainable transformation of the travel industry. Being trusted by such forward-thinking market leaders is further proof of the scalability and relevance of our solution.”
“SAF presents a highly promising pathway for decarbonizing air travel, and so we’ve been looking closely at different solutions in this space to support our customers’ sustainability goals. SQUAKE has one of the most innovative products in the market, which will enable our clients to access Neste’s world class sustainable aviation fuel as well as other impactful climate projects.”
“The partnership between CWT and SQUAKE makes our Neste Impact solution available to a much wider audience. This will enable a significant reduction of air travel emissions by using Neste’s SAF as well as helping to drive the acceleration of SAF production and usage”
SAF is a renewable aviation fuel providing a more sustainable alternative to conventional, fossil based jet fuel. It is widely recognized as a key solution for achieving the aviation sector’s emission reduction goals. Neste is the world’s leading producer of SAF and using its Neste MY Sustainable Aviation Fuel reduces greenhouse gas (GHG) emissions by up to 80%* compared to using fossil jet fuel.Neste and Goodwings chose SQUAKE for its industry expertise and market-leading proprietary technology, which is designed to support large volumes of performed carbon calculations and highest-quality carbon projects. The companies are proud to unlock this potential and empower businesses and travellers towards building a radically more sustainable travel industry.For interview request or any media related question, please contact our PR team on press@squake.earth.
* When used in neat form (i.e. unblended) and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology
SQUAKE holds an ISO 27001 certification for excellent data security management and is TÜV certified as Verified Compensation Provider (TN-CC-020).
About SQUAKE
SQUAKE helps companies to achieve their carbon targets and is considered the industry solution for sustainable corporate travel. It's fast, secure and scalable. The SQUAKE Solution Suite is live with industry leaders from several travel and logistics segments, and performs accurate carbon calculations for all types of activities (e.g. flights, road, accommodation amongst others) according to national and international standards. It automates carbon reductions and/or compensations along the supply chain, from supplier selection (SAF, DAC, ecological restoration) to inventory management, invoicing and credit retirement.
About Goodwings
Goodwings is a sustainable travel management system that helps businesses reduce their emissions. Through their climate-focussed SaaS travel management platform, businesses can book all their travel in one place and get funds transferred into their Carbon Account. This is then used to fully offset clients 'Scope 3' travel emissions through the purchase of Sustainable Aviation Fuel and carbon removal credits. Goodwings is a B Corp certified company that was founded in 2015 by Christian Møller-Holst and is headquartered in Copenhagen, Denmark. For more information, please visit their website: www.goodwings.com / LinkedIn / Instagram / Twitter.
About Neste
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. As the world’s leading producer of sustainable aviation fuel and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals, Neste helps its customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030. The company’s ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. Neste is committed to reaching carbon-neutral production by 2035, and will reduce the carbon emission intensity of sold products by 50% by 2040. Neste has also set high standards for biodiversity, human rights and the supply chain. The company has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2023, Neste's revenue stood at EUR 22.9 billion. Read more: neste.com
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