FINNAIR has set a target to reduce its carbon emissions intensity by 34.5 per cent by 2033 from a 2023 baseline, reports Mumbai's STAT Trade Times.

Together, Finnair and DB Schenker have initiated their sustainability collaboration by signing an agreement. For DB Schenker it is a commitment to purchase nearly 400 tonnes of scope 3 CO2e reductions, equalling approximately 120 tonnes of sustainable aviation fuel (SAF) from Finnair.

"Both companies are committed to increasing the use of SAF to reduce the greenhouse gas (GHG) emissions related to air cargo transport. SAF can reduce greenhouse gas emissions by up to 80 per cent over the fuel's life cycle compared to using fossil jet fuel," says a release from Finnair.

Finnair has set a science-based target to reduce its carbon emissions intensity (CO2e/RTK) by 34.5 per cent by 2033 from a 2023 baseline and is aiming towards net-zero emissions by 2050, the release said.

"Our tool kit for reaching the target comprises investing in sustainable aviation fuels beyond regulatory requirements, further improving operational efficiency, optimising our network and investing in new aircraft technology," says Finnair Cargo chief Gabriela Hiitola.

"This agreement with DB Schenker marks an important milestone in our decarbonisation efforts, and we are thrilled to partner with such a pioneering company, placing key focus on this important matter," she said.