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Press Release

Deutsche Bank Is Investing in SAF With Lufthansa Group

Published by Todd Bush on July 3, 2026

Deutsche Bank is investing approximately 1600 metric tonnes of Sustainable Aviation Fuel (SAF) through its partnership with Lufthansa Group. The agreement will reduce the environmental impact of business travel while supporting the adoption of sustainable aviation fuels across the industry.

Around 5500 metric tonnes of CO₂ emissions will be cut down as compared with conventional jet fuel. This reduction is equivalent to the emissions generated by around 520 Airbus 320neo flights operating between Frankfurt and London.

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Senior VP Global Sales and Distribution, Frank Naeve, Lufthansa Group,” 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.”

Lufthansa continues offering business opportunities to purchase SAF through bulk agreements, enabling companies to reduce Scope 3 emissions while supporting increased SAF production. Deutsche Bank is using SAF as part of its target to halve its supply nearly chain-related CO₂ emissions by 2030 compared with 2019 levels, believing that stronger demand for SAF will encourage fuel producers to expand production capacity, making alternative aviation fuels more widely available and economically competitive.

CSO of Deutsche Bank, Jörg Eigendorf, said, “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.”

According to Lufthansa’s airline reports, around 1700 companies worldwide invested in SAF solutions during 2025, whilst more than five per cent of passengers selected sustainable travel options such as Green Fares. Lufthansa Group is advancing its sustainability strategy through fleet modernization, improved fuel efficiency, expanded use of SAF, increased intermodal transport options, and continued support for climate and weather research.

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