Qantas and bp have formed a strategic partnership to further advance their shared net zero ambitions. Through the collaboration, the companies will work together on opportunities to reduce carbon emissions in the aviation sector and contribute to the development of a sustainable aviation fuel industry in Australia.
Jointly, the teams will explore opportunities and projects in areas including advanced sustainable fuels, advocacy for further decarbonization in the aviation sector, renewable power solutions and generation, carbon management and emerging technology.
William Lin, bp’s executive vice president, regions, cities & solutions, said, “At bp, we're focusing on working with corporates in key industrial sectors that currently have significant carbon emissions to manage and need to decarbonise - sectors such as aviation.
“By bringing our complementary capabilities together, we can help each other, and our customers, move at a faster pace on the energy transition journey. We are delighted to have the opportunity to collaborate with Qantas on plans to reach net zero while continuing to deepen our existing relationship.”
Frédéric Baudry, president, bp Australia and SVP fuels & low carbon solutions, Asia Pacific, said, “This is another move towards our ambition to be a net zero company by 2050 or sooner and help the world to get to net zero. We believe the planet needs everyone working together on this vital cause, and that supporting companies to transition to a more sustainable future means we can all get there faster.
“Forming strong strategic partnerships with leading companies like Qantas is an important way to achieve our shared goals and we are proud that bp is working to provide decarbonisation solutions for customers in Australia.”
Andrew Parker, Qantas Group Executive Government, Industry and Sustainability said, “This strategic partnership is designed to help build on this by leveraging the shared goals, expertise and reach of Qantas and bp to innovate together.”
bp and Qantas are working towards a low carbon future and both companies aim to increase collaboration in this area over time.