Twelve, a California-based company specializing in CO2 utilization, and Boston Consulting Group (BCG), a global management consulting firm, have entered an agreement to purchase Sustainable Aviation Fuel Certificates (SAFc) from Twelve as part of BCG's initiative to achieve net-zero climate impact by 2030.

BCG's purchase of SAFc from Twelve, which provides low-carbon E-Jet fuel produced from renewable electricity and biogenic CO2, is expected to reduce BCG's emissions by more than 4,000 tons of CO2 between 2026 and 2029. 

The collaboration is expected to strengthen both companies' commitment to decarbonizing air travel and accelerate progress toward net-zero emissions. The agreement also leverages the SAFc Registry for transparency and consistency in SAF transactions.

Analyst QuickTake: This collaboration follows a 14-year e-SAF agreement signed in February 2024 between Twelve and European airline conglomerate International Airlines Group (IAG) to produce 260 million gallons (~785,00 tons) of SAF. Under the agreement, Twelve will supply e-SAF to IAG to support five European airlines, including British Airways, Aer Lingus, Iberia, LEVEL, and Vueling.