As a leader in the global supply of aviation fuel and services, Avfuel is committed to helping the industry reach its carbon neutrality goals. As part of this initiative, Avfuel now offers a voluntary carbon offset program for its fueling partners.
The fuel supplier helps flight operations offset their carbon emissions in one of two ways — by designating a specific number of gallons to offset when creating an Avfuel Contract Fuel authorization online; or by opting to offset emissions from all gallons of fuel purchased through Avfuel.
“Aviation currently accounts for 2% of the world’s CO2 emissions,” said C.R. Sincock, Avfuel’s executive vice president. “Other than utilizing sustainable aviation fuel, carbon offsetting is going to be the key way to reduce industry emissions in the near term. We’re happy to help our customers efficiently and cost-effectively cut their carbon emissions with this new program.”
Carbon offsetting is a cost-effective process by which companies can cancel their CO2 greenhouse gas emissions by purchasing carbon credits — certificates showing the offset of one ton of CO2 — that invest in certified projects with a positive impact upon the environment. Avfuel focuses on projects that involve forestry, wind power, solar power, surf and biomass. Because the number of carbon credits a project produces at a given time is finite, the specific projects the company supports will periodically change.
All projects supported in the carbon offsetting program have to meet the strict requirements of either the United Nations or the Gold Standard. This means the investment generated by every carbon credit purchased is certified to be genuine and ultimately feeds directly into the environmental project.
The Avfuel program uses a carbon offsetting calculator with an industry-standardized formula — measured in accordance with the Greenhouse Gas Protocol and the ISO 14064 standard, and based upon carbon dioxide emissions coefficients as assigned by the U.S. Energy Information Administration — to calculate the number of carbon credits required to offset gallons of fuel uplifted.