Google Takes Flight With Sustainable Aviation Fuel Program
Portfolio Pulse from Jose Rodrigo Safdiye
Google, a subsidiary of Alphabet Inc., has partnered with American Express Global Business Travel (Amex GBT) and Shell Aviation to join one of the world's largest sustainable aviation fuel (SAF) programs. The collaboration aligns with Google's goal to achieve net zero across its operations by 2030. The SAF program, launched by Amex GBT and Shell Aviation, aims to establish a clear demand for SAF by uniting major corporations. The program made available 1 million gallons of SAF for corporate clients in 2022.
August 14, 2023 | 8:38 pm
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POSITIVE IMPACT
American Express Global Business Travel's (Amex GBT) collaboration with Google and Shell Aviation in the SAF program could enhance its reputation for sustainability and potentially attract environmentally conscious investors.
Amex GBT's involvement in the SAF program demonstrates its commitment to sustainability, which could enhance its corporate image and potentially attract investors who prioritize environmental responsibility. This could have a positive impact on its parent company American Express's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Google's participation in the SAF program aligns with its net zero goal and could enhance its reputation for sustainability, potentially attracting environmentally conscious investors.
Google's involvement in the SAF program demonstrates its commitment to sustainability, which could enhance its corporate image and potentially attract investors who prioritize environmental responsibility. This could have a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Alphabet's Google's involvement in the SAF program could enhance its reputation for sustainability, potentially attracting environmentally conscious investors and positively impacting its stock.
As Google is a subsidiary of Alphabet, its involvement in the SAF program could enhance Alphabet's corporate image and potentially attract investors who prioritize environmental responsibility. This could have a positive impact on Alphabet's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100