By using SAF, the agreement represents a lifecycle emissions reduction of approximately 1,000 metric tons of carbon dioxide, equivalent to carbon sequestered by 1,306 acres of U.S. forests or 756 football fields in one year. Although these technologies arestill in the early stages ofdevelopmentandarenot expected to enter service anytime soon, Delta isevaluating partnershipstoaccelerate andsupport their advancement. Delta was the No. From Washington state and from Georgia news arrives that Delta entered into one of the largest airline offtake agreements of its kind to purchase sustainable aviation fuel from NWABF. The privately-owned company was founded in 1975 by John Fentener van Vlissingen and consists of BCD Travel (global corporate travel management and its subsidiary BCD Meetings & Events, global meetings and events agency), Park N Fly (off-airport parking) and Airtrade (consolidation and fulfillment). Neste MY Sustainable Aviation Fuel is a today solution, commercially available and in use worldwide. SAF stands for sustainable aviation fuel. No one person or company or country alone can make the impact necessary to put our planet on a sustainable track for the future. Delta and Airbus will collaborate on industry-leading research to accelerate the development of a hydrogen-powered aircraft and the ecosystem it requires. Innovations in propulsion, post-combustion emission controls, electric power delivery and fuel cellswouldsubstantiallyaddress emissionsbut are far from commercial aviation applications. Read More: https://news.delta.com/update-our-path-net-zero. Sustainable aviation fuels provide significant environmental benefits because the lifecycle carbon footprint can be up to 75 percent less than conventional jet fuel. Sustainable aviation fuels (SAF) are defined as renewable or waste-derived aviation fuels that meets sustainability criteria 1. Read More: https://news.delta.com/decarbonized-future-flight-delta-and-airbus-collaborate-pull-forward-future-hydrogen-fuel. As one of the largest travel management agencies in the world, we are responsible for helping pave the way for the next generation of travel that helps improve the communities in which we live and work, said BCDs Kathy Jackson, V.P. View our 2021 ESG Report (PDF) and 2021 ESG Report Snapshot, Delta's Climate Lobbying Report details the companys global advocacy activities and policy engagementsboth direct and indirectthat support and complement our Paris Agreement-aligned climate goals. Effective policy engagement will continue to shape how Delta advances progress towards our climate goals and a more sustainable future for flight., View Climate Lobbying Report, opens in a new window. The newer aircraft burn 15% to 20% less fuel than the aircraft . Deltasgoal is to have an offset portfolio that includes: CarbonAvoidanceProjects:Deforestation contributes 10to 15 percentof carbon emissions globally. Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the worlds most admired brands, including nearly 90 percent of the Fortune 500 and more than 7,000 private companies. The companyhasagreedto purchasea future supply of70 million gallons of sustainable aviation fuel per year. More information on Deltas sustainability efforts are available in its 2021 Environmental, Social and Governance Report. These handcrafted kits will eliminate five single-use plastic items such as zippers and packaging, reducing plastic use by up to 90,000 pounds on an annual basis. Sustainable Aviation Fuels The Port of Seattle became the first United States airport operator to set a specific timetable and goals for transitioning all airlines at SEA to commercially competitive sustainable aviation fuels. In 2020, we retired more than 200 aircraft and are replacing them with aircraft that are 25 percent more fuel-efficient than the models that are being replaced. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. In 2021, we diverted 1.9M pounds of food, blankets, amenity kits and other provisioning items to various organizations in need, equaling ~$7M worth of items. The blended sustainable aviation fuel is expected to be available for use by Delta starting in 2024. The collaboration with Deloitte represents one of the first of what the airline hopes will be many significant achievements for both areas. We are proud to take this next long-term step alongside Delta Air Lines in supporting the lasting sustainability of our planet by reducing the impact of airline travel on the environment.. As a company that connects people with opportunity, Delta recognizes its role in growing empathy, respect and care for the planet and the people within it. The partners will work to meet the specific sustainable aviation fuel timetable and goals approved by the Port of Seattle Commission in December 2017: for a minimum of 10 percent of sustainable jet fuel to be produced locally from sustainable sources within 10 years, increasing to 50 percent by 2050. Such statements are notguaranteesor promised outcomes and should not be construed as such. Read More: https://news.delta.com/always-climbing-2021-esg-report-highlights-deltas-accelerated-progress-toward-people-centric-future. But the industry needs this technology to grow and develop as it is the most meaningful solution to reducing aviation's carbon emissions. All of Deltas offset projects are independently audited against leading, third-party standards. In July of 2019, Delta flew the first of 20 carbon-neutral new aircraft delivery flights from the Airbus final assembly line in Mobile, Ala., utilizing sustainable aviation fuel and carbon offsets in coordination with Airbus and Air BP. The agreement also moves Delta toward its recently validated Science Based Targets initiative goal to reduce well-to-wake scope 1 and 3 jet fuel greenhouse gas emissions by 45% per revenue tonne kilometer by 2035 from a 2019 base year. "Actions speak louder than words, and we are delighted to . Beyond aircraft changes, significant investments in infrastructure, likeclean energy andhydrogen fuelgeneration, would also be required for commercially viable solutions. . One company alone cannot solve this challenge, making partnerships critical. DELTA NEWS ON THE GO. They are the worlds leading producer of renewable diesel and sustainable aviation fuel, developing chemical recycling to combat the plastic waste challenge. Delta has also earned a spot on the FTSE4Good Index for six consecutive years and the Dow Jones Sustainability North America Index for ten consecutive years. Statements made in this release that are not historical facts, including statements regarding our estimates, expectations, beliefs, intentions, projections, goals, aspirations, commitments or strategies for the future, should be considered forward-looking statements under the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Earth Day is the global moment for the world to reflect on how we can all act more responsibly and innovate toward a more sustainable future. Read More: https://news.delta.com/delta-joins-first-movers-coalition-drive-breakthrough-technologies-and-sustainable-fuels. Here's what to know about SAF and why it's key to . Please see www.deloitte.com/aboutto learn more about our global network of member firms. The sustainable aviation fuel, expected to be produced in a facility in Washington State, could be used in Delta operations at stations in Seattle, Portland, San Francisco and Los Angeles. As part of our commitment to reducing carbon emissions as part of World Climate, Deloitte has entered into sustainable aviation fuel (SAF) agreements with several US airlinesAmerican Airlines, Delta Air Lines and United Airlineswhich will cover a portion of Deloitte's business travel. Scaling Up Sustainable Aviation Fuel The U.S. aviation industry has taken a leadership role in the development and deployment of sustainable aviation fuels (SAF). Delta was the No. Collaborations like this, between Delta and Deloitte, further support SAF development and represent the growing demand for innovations in clean fuel technologies. By collaborating with Delta to increase the use of sustainable aviation fuel, Deloitte is proud to positively impact our carbon footprint while investing in a more sustainable future.. Pleaseseewww.deloitte.com/us/aboutfor a detailed description ofDeloitteslegal structure. Our commitment to carbon neutrality is rooted in the idea that our customers shouldnt have to choose between seeing the world and saving the world. Now, as travelers return to the sky again, the race is on to accelerate the market for sustainable aviation fuel (SAF). Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. According to the carrier, "United is years ahead of all US airlines in using and investing in sustainable aviation fuel." In fact, the airline says that the supply agreements it has for this type of fuel represent more than half of the commercial aviation industry's total agreements. Statements made in this release that are not historical facts, including statements regarding our estimates, expectations, beliefs, intentions, projections, goals, aspirations, commitments or strategies for the future, should be considered forward-looking statements under the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Through this and other partnerships, Delta advocates for policy support and market incentives that will catalyze the burgeoning SAF industry, such as a feedstock and tech-neutral SAF-specific Blenders Tax Credit coupled with a robust SAF grant program. For more information, visit www.bcdgroup.com. The premier agreement helps address emissions from BCD employee travel and, as one of the largest travel management agencies in the world, bolsters the future of sustainability in the travel industry. Sustainability is core to who we are, and it is important to our corporate customers for whom air travel is a significant part of their carbon footprint.. To power its SAF agreement with Deloitte, Delta entered into a separate SAF supply agreement with Neste, a leading producer of low emission, renewable fuel for aircraft. Read More: https://news.delta.com/chevron-delta-air-lines-and-google-announce-intent-measure-sustainable-aviation-fuel-emissions-data. Deltas goal as a founding member of the First Movers Coalition, Delta joins First Movers Coalition to drive breakthrough technologies and sustainable fuels, 2021 Environmental, Social and Governance Report, No one better connects the sky': Delta returns to CES, Deltas deal with Gevo pushes SAF goal forward, 10 ways Delta advanced the more sustainable future of flying in 2022, Delta leaders reflect on accelerating the airlines sustainability goals, Delta, Joby Aviation partner to pioneer home-to-airport transportation to customers. Delta aims to be using 10% sustainable aviation fuel by the end of 2030. They make this happen in 109 countries with a global client retention rate of 98 percent, the highest in the industry. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet, 10 ways Delta advanced the more sustainable future of flying in 2022, Delta, DG Fuels partner in pivotal expansion of sustainable fuel market, Delta, Neste, Colonial Pipeline show how current infrastructure is ready for SAF, Delta spotlights sustainable heights on recent flight, Delta leaders reflect on accelerating the airlines sustainability goals, Deltas deal with Gevo pushes SAF goal forward, Delta invests in TPG Rise Climate to accelerate innovative climate solutions, Delta joins First Movers Coalition to drive breakthrough technologies and sustainable fuels, Delta invests in net-zero aviation through Aviation Climate Taskforce, Chevron, Delta Air Lines, and Google Announce Intent to Measure Sustainable Aviation Fuel Emissions Data, Increase Industry Transparency, Delta signs first multi-year SAF agreement with CTM, reaches collective purchase of 300,000 gallons with corporate partners, Delta launches Flight to Net Zero, signs partnership with CWT, Delta and BCD Travel sign industry-first global travel management sustainable fuel agreement, Delta and Takeda partner to reduce 2021 aviation emissions via sustainable fuel agreement. Delta Air Lines has signed an agreement with hydrogen and biogenic-based fuel developer DG Fuels for up to 385 million unblended gallons of a new low-emissions sustainable aviation fuel (SAF). The report was informed by the reporting standards of the Sustainability Accounting Standards Board and the Task Force on Climate-Related Financial Disclosures, and future iterations of the report will continue to build on ESG content and analysis. The low-carbon and high . Other technologies being developed involve turning food. Delta's holistic environmental sustainability plan remains focused on three areas: Carbon reduction and removal Stakeholder engagement Coalition building Carbon reduction and removal In 2020, the company retired more than 200 older aircraft. It can leverage existing technology and infrastructure, such as fuel delivery pipelines, and work with current fleet models. The agreement is to initially purchase enough SAF to "represent a. In the near-term, Deltawill invest in verifiedcarbon offsets to achieve carbon neutralityand ensure forests aremaintained,protectedand expanded. Sustainable aviation fuel (SAF) has been . Delta is accelerating its efforts to build a more sustainable and people-first future. This partnership marks Deltas latest step in integrating its environmental, social and governance goals across its entire business strategy. SAF is a critically important lever to reduce the life-cycle carbon emissions from aviation fuel. The travel management company gives travelers innovative tools that keep them safe and productive, while helping them make good choices on the road. Budgeting more than$30 millionforportfolio of verifiedoffsetstomitigate13 million metric tonsofDeltas2020emissions, Planninglong-term investments in sustainable fuel and carbon sequestrationadvancementsandanalyzingrole ofdevelopingpropulsion technologies, Building coalitions and engaging stakeholders tobroaden availability ofsustainableaviationfuels,includingfirstpartnershipswithNIKE, Inc.andDeloitte. Americas Most Sustainable Companies by Barrons, Dow Jones Sustainability North America Index, Deltas deal with Gevo pushes SAF goal forward, Delta invests in TPG Rise Climate to accelerate innovative climate solutions, No one better connects the sky': Delta returns to CES, 10 ways Delta advanced the more sustainable future of flying in 2022. Delta is on a journey to decarbonize our industry our Flight to Net Zero but its not a task that happens overnight. Emirates Operates Milestone Demonstration Flight Powered with Neste MY Sustainable Aviation Fuel, in Partnership with GE Aerospace, Boeing, Honeywell and Virent, to Support 100% SAF Certification. Deltas thoughtful approach to understanding the research ecosystem will help support research and development for the industry, saidSteven Barrett,Head of MITs Laboratory for Aviation and the Environment. Delta is working toward more sustainable aviation by leveraging existing solutions and technologies, investing in the future of Sustainable Aviation Fuel and actively engaging with next-generation solutions. They partner with travel and procurement leaders to simplify the complexities of business travel, drive savings and satisfaction, and move whole companies toward their goals. This year will be full of opportunities to reconnect and get back to what we all love most. Delta was the No. Americas Most Sustainable Companies by Barrons, Dow Jones Sustainability North America Index, Deltas deal with Gevo pushes SAF goal forward, 10 ways Delta advanced the more sustainable future of flying in 2022, Delta, DG Fuels partner in pivotal expansion of sustainable fuel market, Delta invests in TPG Rise Climate to accelerate innovative climate solutions, Delta, Joby Aviation partner to pioneer home-to-airport transportation to customers. While many solutions, such as electrified aviation, are still in early stages of development, the industry needs solutions to cut the direct carbon emissions of flying. (ICAO, 2021) The collaboration with BCD Travel continues to underscore the significant positive environmental impact that can be achieved through collaboration. Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. In short, BCD helps their clients travel smart and achieve more. While current events may have drawn the immediate focus away from sustainability efforts, this does not mean that airlines' commitments to biofuel have wavered. We are grateful for Deloitte and our corporate customers and partners joining us on this important journey, said Bastian. The sustainable aviation fuel is expected to be produced upon completion of an expansion to Gevo's existing advanced biofuel production facility in Luverne, Minn. and is expected . This program will help cargo customers reduce their environmental footprint and create a more sustainable future. Neste has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the worlds most sustainable companies. Deltas journey toward its sustainability goals will require collaboration and partnerships. Delta Airlines has entered into a 10-year contract with renewable fuels company Aemetis, worth more than $1 billion, to source sustainable aviation fuel for its flights. Caution should be taken not to place undue reliance on our forward-looking statements, which represent our views only as of the date of this release, and which we undertake no obligation to update except to the extent required by law. Certain services may not be available to attest clients under the rules and regulations of public accounting. Delta seekstoengageinvestors, customers and employeesonthis journeytoward zero-impact aviation. Together, we will make a difference for generations to come.. We focus on building our fleet to have the longest, most sustainable life possible to make the most of our planets resources. Once taking delivery of the SAF, Delta will be able to offer sustainable air travel solutions to Deloitte and other corporate customers. The premier agreement helps address emissions from BCD employee travel and, as one of the largest travel management agencies in the world, bolsters the future of sustainability in the travel industry. DG Fuels will provide Delta with 385 million gallons of a new low-emissions sustainable aviation fuel, a vital resource needed for aviation to reach its sustainability goals. Read More: https://news.delta.com/delta-launches-flight-net-zero-signs-partnership-cwt. Read More: https://news.delta.com/deltas-deal-gevo-pushes-saf-goal-forward. Learn more here. Sustainable Aviation Fuels The U.S. Department of Energy Bioenergy Technologies Office (BETO) empowers energy companies and aviation stakeholders by supporting advances in research, development, and demonstration to overcome barriers for widespread deployment of low-carbon sustainable aviation fuel (SAF). Flight to Net Zero encompasses Deltas climate leadership through its carbon neutrality goal. This partnership significantly increases Deltas access to sustainable aviation fuel while expanding the alternative fuel market. Other enhancements to our onboard offerings include bedding made from 100% recycled plastic bottles, reusable and biodegradable service ware and premium canned wine. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. The goal is to power every flight fueled at SEA with at least a 10% blend of sustainable aviation fuel (SAF) by 2028. January 30, 2020 | Jim Lane. Chevron, Delta Air Lines, and Google today announced a memorandum of understanding (MOU) to track sustainable aviation fuel (SAF) test batch emissions data using cloud-based technology. Commitment to Transparency A4A and the Administration have set a shared "challenge goal" of making 3 billion gallons of cost-competitive SAF available to U.S. aircraft operators in 2030. This brings much-needed investment to the SAF market by building industry demand and SAF supply with the goal of decreasing the aviation industrys reliance on conventional jet fuel. Using SAF results in a reduction in carbon emissions compared to the traditional jet fuel it replaces over the lifecycle of the fuel. It was the only U.S. airline included in the 2021 S&P Global Sustainability Yearbook. Read More: https://news.delta.com/deltas-esg-report-powering-purpose-driven-goals-be-catalyst-change. This will be achieved primarily through sustainable aviation fuels and new technology . The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. Delta is partnering with universities, foundations, and others to explore circular economy solutions to waste. Examples includebio-fuelsand synthetic fuels. In SAF and other emerging technologies, Delta is also partnering with corporate, agency and cargo customers on SAF agreements to encourage the growth of the alternative fuels markets. "This first-of-its-kind investment for Southwest furthers our efforts to support the commercialization of affordable, lower-carbon SAFon a life-cycle basis compared to conventional jet fuelwhich can help the aviation industry reach its ultimate goal of carbon neutrality by 2050." The coalition is spearheaded by the U.S. State Department and the World Economic Forum and reflects Deltas leadership as the worlds first carbon neutral airline. Delta is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. 1 airline named among America's Most Sustainable Companies by Barron's in 2020, the only U.S. airline included in the 2021 S&P Sustainability Yearbook and has received the Vision for America Award by Keep America Beautiful and Captain Planet Foundation's Superhero Corporate Award. Delta said it has supplier agreements for about 81 million gallons of sustainable aviation fuel by the middle of the decade, subject to adequate investment and facility development. Sustainable aviation fuel (SAF) is a carbon-reduction solution that is available for use in aircraft and helicopters operating today. For instance, the company has replaced more than 200 older aircraft with new planes that are 25 percent more fuel efficient. Delta takes the stage during Global Citizen Live on Sept. 25 to share our carbon-neutral message and describe our science-based efforts to reduce greenhouse gas emissions in partnership with the Science Based Target Initiative. Read More: https://news.delta.com/earth-month-how-delta-doing-our-part-sustainable-future. SAF is existing technology that is crucial for the industry to achieve its net-zero goals said Pam Fletcher, Deltas Chief Sustainability Officer. The SAF will likely use timber waste, corn stover and cotton gin waste as feedstock and is expected to reduce lifecycle greenhouse gas emission by between 75%-85% compared to conventional jet fuel, which aligns with Deltas goal as a founding member of the First Movers Coalition. In support of Delta's path to Net Zero, Delta Cargo has launched a Sustainable Aviation Fuel (SAF) program, to help grow the supply and availability of SAF. It has received the Vision for America Award by Keep America Beautiful and Captain Planet Foundation's Superhero Corporate Award. and Executive Chair of Sustainability. In its pure form, it can reduce life cycle carbon emissions up to 80 percent compared to petroleum-based jet fuel and is a key component in Deltas commitment to becoming carbon neutral. DELTA NEWS ON THE GO. Americas Most Sustainable Companies by Barrons, Dow Jones Sustainability North America Index, No one better connects the sky': Delta returns to CES, Delta invests in TPG Rise Climate to accelerate innovative climate solutions, Deltas deal with Gevo pushes SAF goal forward, 10 ways Delta advanced the more sustainable future of flying in 2022, Delta CEO Ed Bastian invites business leaders to join OneTen coalition. It is a "drop-in" fuel blended with up to 50% conventional jet fuel, requiring no aircraft modifications. Sustainable aviation fuel (SAF) - a low-carbon alternative to conventional, petroleum-based jet fuel - is helping the aviation industry lower its carbon footprint. From being the first and only U.S. airline to voluntarily cap greenhouse gas emissions at 2012 levels to last years commitment to be the first carbon-neutral airline globally, Delta has a longstanding commitment to sustainable air travel. As Delta works to solve its largest impact on the environmentcarbon dioxide emissionsitplans toinvest ininnovativesolutions, likecarbon capture and storage andsustainable aviation fuels(SAF). For more information, visit www.bcdtravel.com. The companies hope to create a common, more transparent model for analyzing potential greenhouse gas emissions reductions that could then be adopted by organizations considering SAF programs. This is not acompetition, said Bastian. DTTL and each of its member firms are legally separate and independent entities. That includes10 million beginning in 2024 fromGevoand 60 million beginning in 2025 fromNorthwest Advanced Bio-Fuels, representinga projected1.7 percent ofDeltastotalannualfuelconsumption, adjusted for 2019 flying levels. Delta is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. Deltasvisioniszero-impactaviation:air travel that does not damage the environment directly or indirectly via greenhouse gas emissions, noise, waste generationor otherenvironmentalimpacts. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. This partnership is the first multi-year SAF commitment for Delta and builds on the growing list of travel management companies and corporate partners that share in Deltas commitment to bolster the future of sustainable air travel. Read More: https://news.delta.com/delta-announces-new-program-build-more-resilient-transparent-and-effective-supply-chain. Read More: https://news.delta.com/delta-joins-drawdown-georgia-business-compact. Deloittes people come together for the greater good and work across the industry sectors that drive and shape todays marketplace delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Wemustcontinue totake immediate actions today andcant wait for future solutions to become a reality. 1 airline named among America's Most Sustainable Companies by Barron's in 2020, the only U.S. airline included in the 2021 S&P Sustainability Yearbook and has received the Vision for America Award by Keep America Beautiful and Captain Planet Foundation's Superhero Corporate Award. Delta Airlines is committed to replace 10% of current jet fuel use with . Delta was the No. SAF production creates good-paying jobs in manufacturing, improves the environmental quality for all, and fosters rural economic opportunity for feedstocks and pathways, said Patrick R. Gruber, Ph.D, Gevos Chief Executive Officer. Carbon RemovalProjects:Thisrefers tonature-based solutions such asafforestation and reforestation, where additional trees areplantedor areas are restoredin an effort toabsorb additionalcarbon dioxidefrom the atmosphere. Yet these newer, more efficient aircraft are needed to help the industry become more sustainable and meet net-zero emissions pledges. These risks and uncertainties include, but are not limited to, those described in our filings with the Securities and Exchange Commission, including in our Annual Report on Form 10-K for the fiscal year endedDec.31, 2020. * Science Based Targets initiative is a coalition that defines and promotes emissions reductions goals that climate scientists predict is needed to keep global warming to well below 2 degrees Celsius.
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