November 8, 2021, London—Leading global management consulting firm Kearney continues to build on its dedication to sustainability by today committing to sustainable aviation fuel (SAF) through partnering with Lufthansa’s Compensaid scheme. As Kearney already offsets 100% of its global business travel annually, this partnership is focused on the future: the path to reducing emissions for the aviation industry by the deployment of sustainable aviation fuel.

Since early 2020, Kearney and Lufthansa have worked with other value chain partners to develop strategies that will increase the economic feasibility of SAF. Kearney’s financial support formalises this intra-industry partnership and is a necessary step in developing this critical technology to ensure the next generation of air travel becomes carbon-neutral.

Biogenic sustainable aviation fuel is made from a range of sources, including feedstock such as cooking oils or waste lipids, and offers up to an 80% reduction in emissions over the full lifecycle compared to traditional kerosene aviation fuel. Currently, SAF production is still limited – market ramp-up must be accelerated on a global scale. Power to Liquid fuels made from renewable energies and captured CO2 have the potential to satisfy the global aviation jet fuel demand in the long run.

Stefan Kreuzpaintner, Chief Commercial Officer Lufthansa Airlines and SVP Sales Lufthansa Group:
“Lufthansa Group is already number one in Europe in purchasing sustainable aviation fuels. With the right sustainable customer choices, we are proud to enable carbon-neutral flying for our customers. Collaborating with Lufthansa Group, Kearney now takes a further step and invests into sustainable aviation fuel – a bold step that proves the commitment to the future of carbon-neutral flying.”

Philipp Bensel, partner in Kearney’s transportation practice comments:
“By partnering with Lufthansa, we are committing both time and funding to ensure the future of sustainable air travel. We know the science works – the focus is now on making it competitively priced to enable widespread use. Through our partnership with Lufthansa, we will focus on encouraging cross-industry collaboration and supporting value chains as they mature to help close that gap.”

Adds Carsten Gerhardt, partner in sustainability and energy & process industries:
“As a consulting firm, we have a duty to be experts in innovative and emerging technologies so we can lead by example and provide the very best advice and hands-on expertise to our clients. As a global company, we are committed to taking bold action on sustainability and this is exactly what the sustainable aviation industry needs – bold action.”

Kearney Commitment to Sustainability

Kearney was the first management consulting firm to go carbon neutral in 2010. The firm has continued to lead in sustainability, setting a Science-Based Target to reduce emissions across all scopes by 2030 as a signatory to Business Ambition for 1.5° through the SBTi. We are fully committed to working with our clients, governments and other stakeholders to build an inclusive and resilient green economy in disruptive areas such as energy transition, sustainable technologies, and supply chain transformation. We’re proud to contribute towards a more sustainable travel ecosystem and our investment into Sustainable Aviation Fuel is one part of Kearney’s commitment to embed more sustainable ways of working into company culture.

ENDS

About Kearney

Kearney is a leading global management consulting firm with deep-rooted expertise in strategic transformation. We work with more than three-quarters of the Fortune Global 500, as well as with government bodies and non-profit organizations. As a global consulting partnership in more than 40 countries, our people make us who we are. We’re individuals who take as much joy from those we work with as the work itself. Driven to be the difference between a big idea and making it happen, we help our clients break through. To learn more about Kearney, please visit www.kearney.com.