Deutsche Bank Invests in Sustainable Aviation Fuel with Lufthansa Group
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Deutsche Bank has announced an investment in Sustainable Aviation Fuel (SAF) through its partnership with Lufthansa Group, supporting efforts to reduce the environmental impact of business travel. Under the agreement, Deutsche Bank will invest in approximately 1,600 tonnes of SAF, helping to reduce an estimated 5,500 tonnes of CO₂ emissions. According to Lufthansa Group, this is equivalent to the emissions generated by around 520 Airbus A320neo flights between Frankfurt and London. The agreement builds on the relationship between the two organisations, following Deutsche Bank's role as the issuer of the Lufthansa Miles & More Credit Card since October 2025. Both companies also plan to strengthen their collaboration on sustainability initiatives. Frank Naeve, Senior Vice President Global Sales and Distribution at Lufthansa Group, said the agreement demonstrates the growing role of Sustainable Aviation Fuel in reducing emissions from corporate travel and highlights how businesses can contribute to lower-carbon aviation through targeted investment. Jörg Eigendorf, Chief Sustainability Officer at Deutsche Bank, said SAF plays an important role in the bank's target of reducing supply chain carbon emissions by 2030. He added that continued demand for SAF will encourage further investment in production and support the wider adoption of alternative aviation fuels. Lufthansa Group...
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