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21st Austria weekly - OMV (09/01/2024)

14.01.2024

OMV: OMV, the integrated company for energy, fuels & feedstock, chemicals and materials, headquartered in Vienna, and Microsoft, announced the signing of an agreement to procure Sustainable Aviation Fuel certificates (SAFc). Since March 2022, OMV has been producing Sustainable Aviation Fuel by co-processing sustainable and regional raw materials, specifically used cooking oil, at its Schwechat refinery in Austria. Compared to conventional jet fuel, SAF contributes to a reduction of CO2 emissions of more than 80%.  Now, OMV is taking the next step. The newly developed SAF Business solutions are tailored to help organizations accomplish their Scope 3 indirect emission reduction goals, such as from air travel and/or the air transportation of goods. In cooperation with the independent global organization RSB, an innovative chain-of-custody model is piloted that allows OMV to reliably and verifiably transfer the environmental benefits of SAF in the form of SAF certificate. This enables Microsoft to reach its decarbonization targets (Scope 3) and further establish a credible, sustainable corporate air travel and supply chain logistics. 
OMV: weekly performance: -4.11%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (09/01/2024)


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21st Austria weekly - OMV (09/01/2024)


14.01.2024, 1267 Zeichen



OMV: OMV, the integrated company for energy, fuels & feedstock, chemicals and materials, headquartered in Vienna, and Microsoft, announced the signing of an agreement to procure Sustainable Aviation Fuel certificates (SAFc). Since March 2022, OMV has been producing Sustainable Aviation Fuel by co-processing sustainable and regional raw materials, specifically used cooking oil, at its Schwechat refinery in Austria. Compared to conventional jet fuel, SAF contributes to a reduction of CO2 emissions of more than 80%.  Now, OMV is taking the next step. The newly developed SAF Business solutions are tailored to help organizations accomplish their Scope 3 indirect emission reduction goals, such as from air travel and/or the air transportation of goods. In cooperation with the independent global organization RSB, an innovative chain-of-custody model is piloted that allows OMV to reliably and verifiably transfer the environmental benefits of SAF in the form of SAF certificate. This enables Microsoft to reach its decarbonization targets (Scope 3) and further establish a credible, sustainable corporate air travel and supply chain logistics. 
OMV: weekly performance: -4.11%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (09/01/2024)



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