Agriculture Investments Renewable Energy

Lufthansa Group Secures SAF Deal With Deutsche Bank to Cut Business Travel Emissions

Deutsche Bank is investing in the deployment of Sustainable Aviation Fuel with the Lufthansa Group as part of its strategy to cut the climate impact of business travel. The jointly agreed volume of roughly 1,600 metric tonnes of SAF is expected to save around 5,500 metric tonnes of CO2 — equivalent to the emissions from about 520 flights between Frankfurt and London on an Airbus A320neo. The deal builds on a broader partnership between the two companies, which has included Deutsche Bank issuing the Lufthansa Miles & More Credit Card since October 2025.

Key Takeaways

  • Deutsche Bank is investing in Sustainable Aviation Fuel deployment with the Lufthansa Group, covering an agreed volume of roughly 1,600 metric tonnes of SAF.
  • The deal is estimated to save around 5,500 metric tonnes of CO2, comparable to about 520 Frankfurt-London flights on an Airbus A320neo.
  • The agreement builds on an existing partnership; Deutsche Bank has issued the Lufthansa Miles & More Credit Card since October 2025.
  • Around 1,700 companies worldwide invested in SAF with the Lufthansa Group in 2025 through its corporate customer products.
  • More than five percent of Lufthansa Group passengers chose a more sustainable travel option in 2025, and SAF sales volume more than doubled year over year.

Lufthansa Group and Deutsche Bank Expand SAF Partnership

Deutsche Bank is investing in the deployment of Sustainable Aviation Fuel with the Lufthansa Group as part of its strategy to cut the climate impact of business travel. The jointly agreed volume of roughly 1,600 metric tonnes of SAF is expected to save around 5,500 metric tonnes of CO2 — equivalent to the emissions from about 520 flights between Frankfurt and London on an Airbus A320neo. The deal builds on a broader partnership between the two companies, which has included Deutsche Bank issuing the Lufthansa Miles & More Credit Card since October 2025.

Frank Naeve, Senior Vice President Global Sales and Distribution at Lufthansa Group, said the investment reflects a shift in corporate travel priorities.

“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,” said Frank Naeve, Senior Vice President Global Sales and Distribution, Lufthansa Group.

Jörg Eigendorf, Chief Sustainability Officer of Deutsche Bank, said the deal supports the bank's broader emissions targets.

“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,” said Jörg Eigendorf, Chief Sustainability Officer of Deutsche Bank.

Lufthansa Group Offers Corporate SAF Products at Scale

The Lufthansa Group offers companies a range of SAF options, including bulk deals that provide a Scope 3 certificate for CO2 savings under the Greenhouse Gas Protocol standard for investments starting at EUR 2,000, while Lufthansa Cargo offers bulk deals from a minimum of 100 metric tonnes of SAF. Through its “Sustainable Corporate Value Fare,” business customers can cut up to 30 percent of future CO2 emissions through SAF. Around 1,700 companies worldwide invested in SAF with the group's corporate products in 2025.

Passenger Demand for Sustainable Travel Options Rises

The Lufthansa Group said demand for more sustainable travel options is increasing, with more than five percent of passengers choosing options such as its Green Fares in 2025 and SAF sales volume more than doubling year over year. The airline group said SAF deployment is one of five levers in its sustainability strategy, alongside fleet modernization, fuel efficiency improvements, expanded intermodality, and more than 30 years of support for climate and weather research.

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