PwC Spain and Iberia ally to promote SAF
Agreement includes the annual purchase of SAF equivalent to between 10% and 30% of the firm’s corporate travel emissions.
PwC Spain has signed an agreement with Iberia to promote the use of Sustainable Aviation Fuel (SAF) in the country and reduce the climate impact of its business travel.
Under the terms of the commitment, the professional services firm will purchase from Iberia each year an amount of SAF equivalent to between 10% and 30% of the CO₂ emissions generated by PwC Spain’s corporate flights operated by the airline.
The agreement is part of PwC’s sustainability strategy, aligned with its global goal of reaching net zero emissions by 2040 and its interim target of achieving net zero emissions by 2030.
This plan includes reducing greenhouse gas emissions by 50% by 2030 in absolute terms, offsetting the remainder through CO₂ reduction projects, and ensuring that the electricity consumed in its offices comes from 100% renewable sources.
The alliance with Iberia reinforces PwC’s role as a driving force for SAF in Spain. In recent years, the firm has produced several studies on the potential of this fuel. One of them, The Socioeconomic Impact of SAF Development in Spain, estimates that building 32 plants between 2025 and 2050 could mobilise more than €22 billion in investment, generate up to €56 billion in GDP, and create 270,000 jobs.
