February 22, 2024

Cathay Pacific welcomes Hong Kong SAF Coalition

Cathay Pacific has welcomed the new Hong Kong Sustainable Aviation Fuel Coalition (HKSAFC) as one of its co-initiators.

The coalition aims to facilitate the adoption of SAF in Hong Kong by conducting research on its development, engaging with stakeholders and government, as well as raising public awareness of the fuel’s benefits and challenges.

Growing Hong Kong as a regional SAF hub that can contribute to global climate mitigation efforts is also a focus.

A multi-stakeholder platform in the region, the HKSAFC is made up of 13 founding members from the SAF value chain. It brings together SAF producers, fuel suppliers, infrastructure developers, corporate users and policymakers to collaborate on advancing the fuel’s supply and use.

The Hong Kong SAR Government highlighted the importance of SAF in last year’s Policy Address, emphasising forward-looking planning. This underscores Cathay Pacific’s commitment to using SAF for 10% of its total fuel usage by 2030.

Ronald Lam, Chief Executive Officer at Cathay Group, said: “Sustainability is a key focus for Cathay, and we are committed to achieving our carbon net-zero goal by 2050. We firmly believe that SAF is a key enabler for the aviation industry to achieve its long-term environmental targets and to support the global transition to a low-carbon economy. 

“Hong Kong has to be able to cultivate the development and use of SAF in order to retain and enhance its leading international aviation hub status. However, we cannot do this alone — it requires collaboration among all parties, and the HKSAFC is an important step in this direction. I look forward to working with all of the Coalition Partners in the coming months and years, to join the global efforts to tackle the climate challenge.”

cathaypacific.com

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