Neste Corporation
Press Release
21 December 2017 at 10 am (EET)

Neste launches decarbonizingaviation.com online hub to raise awareness about sustainable aviation solutions

Aviation is the fastest growing means of transport. In 2016, 3.8 billion people travelled by air, and according to the International Air Transport Association (IATA), the number of passengers is predicted to reach 7.2 billion by 2035. With this growth comes the reality that carbon dioxide emissions from aviation will grow substantially. Carbon neutral growth in aviation is possible, but requires that airports, solutions providers, airlines, authorities, local community and passengers all unite and contribute to more sustainable travelling.

Most passengers would be willing to pay a fee for more sustainable aviation

According to a recent survey, 67% of US passengers, and 53% of European travelers, are concerned about the environmental impacts of air travel. The survey found that over 50% of passengers consider it important that their airline goes above and beyond regulations to be environmentally friendly. Furthermore, the survey found that most passengers are willing to pay a fee for Renewable Jet Fuel, and that this may even positively impact airline and airport preference.

Neste launches decarbonizingaviation.com hub for all stakeholders in aviation

'As aviation currently makes up roughly 2% of the world's carbon dioxide emissions, making the transition towards carbon neutral growth is an absolute imperative,' says Paul Paoletta, Head of Neste Aviation Solutions.
To raise awareness and facilitate dialog in reducing the aviation industry's carbon footprint, Neste has opened its decarbonizingaviation.com online hub for all stakeholders in aviation. The site features videos, blogs, articles and news across hot topics in the decarbonization of aviation debate, from waste materials as sustainable jet fuel for aircraft to changing legislation to passenger perspectives.

'People are travelling more than ever, and the aviation industry is growing. It is crucial that this growth happens responsibly. Neste is working relentlessly to help airports and all aviation stakeholders to take advantage of sustainable low-carbon fuels in their operations. Besides sustainable low-carbon fuels, we are opening other opportunities for more sustainable aviation solutions through our Neste Green Hub solution. Decarbonizingaviation.com is an online platform for all aviation stakeholders who are working for the goal of carbon neutral growth in aviation,' continues Paoletta.

Neste is the world's largest producer of renewable fuels from waste and residues alongside being the leading producer of renewable diesel, with an annual production volume of 2.6 million tons. By eliminating bottlenecks, this total capacity will be increased to 3 million tons by 2020. Renewable jet fuel is one of Neste's growth areas. Neste has set a target that the proportion of the company's renewable products sales outside the road traffic fuels increases to 20% by 2020.

Visit the Decarbonizing Aviation web page to learn more:http://decarbonizingaviation.com

Neste Corporation

Kaisa Lipponen
Director, Corporate Communications

More information:
Paul Paoletta, Head of Neste Aviation Solutions, tel. + 41 79 429 11 39, paul.paoletta(at)neste.com

Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates sustainable choices for the needs of transport, businesses and consumers. Our global range of products and services allows customers to reduce their carbon footprint by combining high-quality renewable products and oil products to tailor-made service solutions. We are the world's largest producer of renewable diesel refined from waste and residues, and we are also bringing renewable solutions to the aviation and plastics industries. We want to be a reliable partner, whose expertise, R&D and sustainable practices are widely respected. In 2016, Neste's net sales stood at EUR 11.7 billion, and we were on the Global 100 list of the 100 most sustainable companies in the world. Read more: neste.com

Neste Corporation published this content on 21 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 December 2017 08:09:06 UTC.

Original documenthttps://www.neste.com/en/neste-launches-decarbonizingaviationcom-online-hub-raise-awareness-about-sustainable-aviation

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