The ABN AMRO bank has become the 12th partner in KLM’s Corporate BioFuel Program. Corporations participating in the KLM program pay a surcharge that covers the price difference between sustainable biofuel and conventional aviation fuel.
KLM uses the surcharge to purchase sustainable biofuel, which is added to the fuel pumped into KLM aircraft at Amsterdam Airport Schiphol and elsewhere. Consequently, the participating corporations reduce CO2 emissions resulting from their business travel, but also contribute to the further development of the biofuel market.
The sustainable biofuel for the KLM Corporate BioFuel Program is supplied by SkyNRG, a company founded by KLM in 2010. SkyNRG is structurally advised by an independent Sustainability Board, consisting of the Dutch wing of the World Wide Fund for Nature (WWF-NL), Solidaridad and the Energy Academy Europe.