Deutsche Bank Expands SAF Partnership with Lufthansa Group

Germany

Investment in Sustainable Aviation Fuel is expected to reduce CO₂ emissions by around 5,500 tonnes

Deutsche Bank is strengthening its commitment to more sustainable business travel by investing in the use of Sustainable Aviation Fuel (SAF) through an expanded partnership with Lufthansa Group. The agreement covers the deployment of approximately 1,600 metric tonnes of SAF, resulting in an estimated reduction of around 5,500 metric tonnes of CO₂ emissions compared with conventional kerosene.

The investment marks another milestone in the growing collaboration between the two companies, which was extended in October 2025 when Deutsche Bank became the issuer of the Lufthansa Miles & More Credit Card. Both partners now aim to deepen their cooperation in sustainability while supporting the broader transformation of aviation through greater acceptance and use of lower-emission fuels.

SAF supports lower-emission business travel

According to Lufthansa Group, the agreed volume of Sustainable Aviation Fuel delivers a CO₂ saving comparable to the emissions generated by approximately 520 Airbus A320neo flights between Frankfurt and London.

The initiative forms part of Deutsche Bank's strategy to reduce the environmental impact of its business travel while supporting the expansion of SAF production through long-term market demand.

"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 at Lufthansa Group.

Jörg Eigendorf, Chief Sustainability Officer of Deutsche Bank, added: "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."

Lufthansa expands sustainability solutions for corporate customers

Lufthansa Group has continued to broaden its portfolio of sustainability products for corporate clients. Through SAF bulk agreements, companies can purchase larger volumes of Sustainable Aviation Fuel and receive Scope 3 certificates documenting the associated CO₂ savings in accordance with the Greenhouse Gas Protocol.

The airline group also offers its Sustainable Corporate Value Fare, enabling business customers to contribute to reducing future flight-related CO₂ emissions by up to 30 percent through the use of SAF. Logistics companies can participate through Lufthansa Cargo's dedicated SAF programme.

In 2025, around 1,700 companies worldwide invested in Sustainable Aviation Fuel through Lufthansa Group's corporate products, reflecting growing interest in lower-emission travel solutions.

Demand for sustainable travel continues to grow

Lufthansa Group reports increasing demand from both business and leisure travellers for more sustainable travel options. During 2025, more than five percent of passengers chose products designed to reduce the environmental impact of their journeys, including Green Fares. Over the same period, sales of Sustainable Aviation Fuel more than doubled across the airline group's various customer offerings.

The company regards customer participation as one of the key pillars of its sustainability strategy, alongside fleet modernisation, continuous improvements in operational fuel efficiency, increased deployment of Sustainable Aviation Fuel, the expansion of intermodal transport solutions and long-standing support for international climate and weather research.