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Deutsche Bank invests in SAF with Lufthansa Group

Deutsche Bank invests in SAF with Lufthansa Group
Deutsche Bank is investing in the deployment of sustainable aviation fuel (SAF) in air transport with the Lufthansa Group as part of its strategy to reduce the climate impact of business travel.

The jointly agreed volume of approximately 1,600 metric tonnes of SAF enables an estimated emissions saving of around 5,500 metric tonnes of CO₂.

This is equivalent to the CO₂ emissions of approximately 520 flights between Frankfurt and London operated by an Airbus A320neo. The agreement builds on the growing partnership between the two companies: since October 2025, Deutsche Bank has been issuing the Lufthansa Miles & More Credit Card.

Frank Naeve, senior vice-president global sales and distribution, Lufthansa Group, said: "Deutsche Bank's decision to support the deployment of SAF with Lufthansa Group at this scale is a compelling demonstration that more sustainable flying is becoming increasingly important in the business travel sector.

“We are delighted to set a milestone together with Deutsche Bank – and to show that companies can make a measurable contribution to reducing the climate impact of their travel activities through concrete investments in SAF."

Jörg Eigendorf, chief sustainability officer of Deutsche Bank, added: "Sustainable aviation fuel is an important instrument for Deutsche Bank in our efforts to nearly halve our CO₂ emissions along our supply chain by 2030 compared with 2019.

“It is also important for us to send a signal: only if there is reliable demand will SAF producers invest in production and make alternative fuels more competitive. This is a key part of our overall approach: we want to reduce CO₂ emissions from our business travel and offset the remaining emissions where feasible."

 


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