What Happened
Corporate Partnerships Drive Scope 3 Emissions Reductions
Latin America’s transition to sustainable aviation fuel is hindered by a lack of commercial-scale refining capacity, despite an abundance of regional feedstocks. To address this gap, Aeroméxico has partnered with Grupo Bimbo and Compartamos Banco to co-fund SAF procurement, linking Scope 1 operational emissions reductions with corporate Scope 3 business travel accounting. This development may help stimulate domestic demand and mitigate the high green premiums faced by regional airlines. According to Mexico Business News, the region’s SAF gap poses significant challenges for decarbonization efforts, with CORSIA compliance risks escalating for Latin American carriers.