PwC Spain announced an alliance with Iberia aimed at accelerating the adoption of Sustainable Aviation Fuel (SAF) in Spain, in line with the firm’s strategy to achieve net-zero emissions by 2030. As part of the agreement, PwC commits to purchasing an amount of SAF annually from Iberia equivalent to 10%–30% of the CO₂ emissions generated by corporate travel undertaken by its professionals with the airline. The collaboration reinforces the company’s goal of reducing its absolute emissions by 50% by 2030, offsetting its entire carbon footprint through mitigation projects, and ensuring that the electricity consumed in its offices comes from renewable sources. Since 2019, the organization has already achieved a 43% reduction in emissions related to business travel.

The professional services firm also highlighted its active role in promoting sustainable aviation in Spain. PwC has produced key studies on the impact of SAF, including “The Socioeconomic Impact of SAF Development in Spain,” which projects that the construction of 32 plants between 2025 and 2050 could generate an investment of over €22 billion, contribute up to €56 billion to GDP, and create around 270,000 jobs. Similarly, the report “How to Make Spain the European Leader in SAF” proposes 16 strategic measures to position the country as a European benchmark for this fuel, which is capable of reducing CO₂ emissions by more than 80% compared to conventional kerosene. The alliance with Iberia reinforces this vision and consolidates PwC’s commitment to the decarbonization of the aviation sector.

Source and Credits to PwC 

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