Phillips 66 has launched a new portal enabling companies to purchase sustainable aviation fuel environmental attributes, the company announced on Monday.
With the book-and-claim-model portal, companies can buy attributes for the generation and production of SAF even if they are operating in an area where SAF is not available, according to Phillips 66. Upon purchase, companies receive an Environmental Attribute Document summarizing the related carbon emission reductions, which they can factor into their own emissions analysis and reporting.
"Businesses want to make progress in reducing their carbon footprint, but navigating available solutions isn't always straightforward," Phillips 66 senior director of aviation and sustainable fuel sales Sunny Lopez said in a statement. "With this portal, we've drawn on our experience across the SAF value chain, from feedstock sourcing and production to fuel delivery, to make purchasing environmental attributes easier and help businesses advance their decarbonization goals."
Phillips 66 said there is no minimum purchase requirement for the portal, and companies can pay via "flexible payment pathways," including credit cards.