Deltawill investin the acceleration ofthree promising advancementscriticaltoa cleaner future of commercial aviation. 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. At Delta, however, that isnt something we do on just one day its a mindset that informs every decision we make. Chevron to sell test batch of sustainable aviation fuel to Delta Air SAF is among the most impactful solutions on the market today for reducing aviations carbon emissions, but availability remains limited the current existing supply would only operate a fleet Deltas size for a single day. Delta is a known innovator in the airline industry so were excited to work with them on implementing this long-term partnership.. ICAO's "2050 Visualization for Sustainable Fuel" objective agreed upon in 2017. Sustainable aviation fuel supplied by industry leader SkyNRG signals new approach for business travel Editor's Note - Oct. 22, 2020 - Updated with a clarification on what sustainable aviation fuel is produced from. Delta is making strides toward its goal of fueling 10% of its operation with sustainable aviation fuel by the end of 2030, signing an agreement with SAF maker Gevo that significantly expands the availability of this nascent technology. Delta and Deloitte commit to reducing carbon emissions via sustainable 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. They make this happen in 109 countries with a global client retention rate of 98 percent, the highest in the industry. To achieve the Sustainable Aviation Fuel (SAF) Grand Challenge 2030 and 2050 goals, the U.S. Department of Transportation, the U.S. Department of Agriculture, and other federal government agencies have partnered with the Department of Energy to develop a comprehensive strategy for scaling up new technologies to produce SAF on a commercial scale. 1 airline named amongAmericas Most Sustainable Companies by Barronsin 2020,the only U.S. airline includedin the2021S&PGlobalSustainability YearbookandhasreceivedtheVision for AmericaAward by Keep America Beautiful and Captain Planet Foundation'sSuperhero Corporate Award. 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. NIKE, Inc.andDeloitte, Deltas first and second corporatecustomers to purchaseSAFfacilitated by Delta, aresupportinga future of more sustainable business travel. Although these technologies arestill in the early stages ofdevelopmentandarenot expected to enter service anytime soon, Delta isevaluating partnershipstoaccelerate andsupport their advancement. *Non-CO2e effects which may also contribute to aviation induced warming are not included in this target. 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. The launch of Deltas inaugural ESG Report is a pivotal moment in the companys commitment to being purpose-driven and highlights its intention to be a catalyst for global change, from its Board of Directors to its front-line employees. 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. 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. Delta was the No. American airline Delta is to buy 385 million gallons of green hydrogen-derived sustainable aviation fuel (SAFs), the largest deal of its kind made by a US airline and a major step forward for producers looking to make green biofuels with renewable H 2. Sustainable aviation fuels can be made from soybean oil and a number of other feedstocks, including oilseeds, grease and waste fats, in conventional petroleum refineries. We are grateful for Deloitte and our corporate customers and partners joining us on this important journey, said Bastian. 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.. The agreement is to initially purchase enough SAF to "represent a. DG Fuels is committed to developing and supporting initiatives that provide practical and sustainable benefits to businesses, the environment and local communities, said Michael C. Darcy, Chief Executive Officer of DG Fuels. This year will be full of opportunities to reconnect and get back to what we all love most. As Delta invests in future technologies, carbonoffsetsareaviable, proven and immediateway tomake an impacttoday, saidDeltasSue Kolloru, V.P. From being the first and only U.S. airline to voluntarily cap greenhouse gas emissions at 2012 levelstolast years commitment tobethe first carbon-neutral airline globally, Delta has a longstanding commitment to sustainable air travel. And this EarthDay, we're sharing more aboutour sustainability strategy, hosting a town hall to help educate our people andspotlighting how customersare gettinginvolved. 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. The global aviation industry is a hard-to-abate sector, meaning it is innately difficult to decarbonize. Delta was the No. Chevron, Delta Air Lines, and Google have signed an agreement to test and track sustainable aviation fuel (SAF) and its emissions at Los Angeles International Airport (LAX), the companies . Sustainable Aviation Fuel (SAF) - ICAO In the short term,Deltaintends to achievecarbonneutralitybydirectlyreducing emissionsthroughfleet and operational efficienciesandaddressingremainingemissions throughcarbon offsetprojectinvestmentsthat maintain,protectandexpand forests. Travelersshould not have to choose between seeing the world and saving the world. What sustainable aviation fuel means for greener airplane travel 1 airline named among Americas Most Sustainable Companies by Barrons in 2020, the only U.S. airline included in the 2021 S&P Global Sustainability Yearbook and has received the Vision for America Award by Keep America Beautiful and Captain Planet Foundation's Superhero Corporate Award. Dozens of aviation and energy companies - including Delta, American Airlines and BP - recently committed to replace 10% of global jet fuel with SAF by 2030. Chevron, Delta Air Lines, and Google Announce Intent to Measure 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.. FAA research grants aim to tackle aviation's massive deficit of - CNBC Delta, JetBlue, United give sustainable aviation fuel a lift 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. 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. Delta hasexecutedindustry-leadingSAFagreements with corporate customers totake collective action for the greater good of our planet. Deltasvisioniszero-impactaviation:air travel that does not damage the environment directly or indirectly via greenhouse gas emissions, noise, waste generationor otherenvironmentalimpacts. Its part of our mission as a company to help people and companies travel smart and achieve more. 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. The aviation industry's net-zero carbon emissions target is focused on delivering maximum reduction in emissions at source, through the use of sustainable aviation fuels (SAF), innovative new propulsion technologies, and other efficiency improvements (such as improvements to air traffic navigation). Delta's more than 75,000 employees believe our customers should not have to choose between seeing the world and saving the planet. DELTA NEWS ON THE GO. Read More: https://news.delta.com/delta-commits-set-science-based-target-align-paris-agreement. Delta was the No. Dan describes a way to integrate the . Aemetis Signs Offtake Agreement with Delta Air Lines for Sustainable Aviation Fuel | Delta News Hub To request prior reports, a CRR prior to 2018, please contact sustainability@delta.com. Read More: https://news.delta.com/delta-joins-drawdown-georgia-business-compact. Certain services may not be available to attest clients under the rules and regulations of public accounting. Learn more here. The largest sustainable aviation fuel offtake deal, ever?: Delta For the first time, sustainable aviation fuel is delivered to Deltas LaGuardia hub, using an existing petroleum pipeline. Neste MY Sustainable Aviation Fuel is a today solution, commercially available and in use worldwide. This program will help cargo customers reduce their environmental footprint and create a more sustainable future. Together, we will make a difference for generations to come.. Deloitte is proud to be part of the largest global professional services network serving its clients in the markets that are most important to them. Read More: https://news.delta.com/earth-month-how-delta-doing-our-part-sustainable-future. In the near-term, Deltawill invest in verifiedcarbon offsets to achieve carbon neutralityand ensure forests aremaintained,protectedand expanded. Using SAF results in a reduction in carbon emissions compared to the traditional jet fuel it replaces over the lifecycle of the fuel. This partnership significantly increases Deltas access to sustainable aviation fuel while expanding the alternative fuel market. In addition to exploringinvestments inSAF andresearch and developmentfornew technologies,Deltaplans to spend more than $30 millionto address13millionmetric tonsofcarbon dioxide emissions from March1 to Dec. 31,2020throughanoffset portfolio. 6 aviation execs on an EU sustainable aviation fuel mandate Beyond aircraft changes, significant investments in infrastructure, likeclean energy andhydrogen fuelgeneration, would also be required for commercially viable solutions. Sustainable aviation fuels (SAF) are attractive to the aviation industry because they provide a large reduction of greenhouse gas emissions with little changes to current technology. For more information, visit www.bcdtravel.com. Biden and House Democrats Subsidize "Sustainable" Aviation Fuel Deltas new brand campaign builds on the commitment first announced in March 2020 to be the first carbon-neutral airline globally. Since 2007, weve recycled more than 3 million pounds of aluminum onboard and, with the rebates, have funded. Electric Aviation Is Arriving, and Cybersecurity Is High Priority. 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. CarbonReductionProjects:Investing inconvertingfromemissions-intensiveenergy sources,like coal,to sources like wind and solar serves as a foundation forreducing emissions. Sustainable Aviation Fuel | Chevron | Delta Air | Google - Environment This partnership is one way Delta is engaging major stakeholders driving toward their own goals of carbon neutral air travel, so we can make a real and lasting sustainable impact.. Subscribeandfollow. 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 ended December 31, 2020. Strategic Corporate Initiatives. SAF is a cleaner, direct replacement for fossil jet fuel and reduces . 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. Neste MY Sustainable Aviation Fuel | Neste - Neste Worldwide Delta Air Lines is driving forward a new chapter of sustainable aviation by investing through its pension plans in TPG Rise Climate, a multibillion-dollar impact investing fund focused on supporting climate solutions at scale. 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. Deloitte is one of Deltas first corporate customers to purchase SAF facilitated by Delta. Delta signs agreement with Deloitte for sustainable aviation fuel Read More: https://news.delta.com/delta-joins-first-movers-coalition-drive-breakthrough-technologies-and-sustainable-fuels. Fly with our joint venture partner Delta Air Lines | Virgin Atlantic Other enhancements to our onboard offerings include bedding made from 100% recycled plastic bottles, reusable and biodegradable service ware and premium canned wine. The production of DG Fuels SAF is up to 85% lower in lifecycle greenhouse gas emissions versus conventional jet fuel. For more information, visit www.bcdgroup.com. (ICAO, 2021) Hear from three Delta leaders about why this journey matters, what were doing now and where were headed. Delta Air Lines commits to publicly report on non-CO2e impacts of aviation over its target timeframe. Port of Seattle Announces Partnership for Sustainable Aviation Fuels at The . Developing coalitions to bring together leaders across industries is crucial in advancingazero-impact future.. Achieving a sustainable future for travel will require us all to work together across industries and encourage innovations like DG Fuels new low-emissions SAF option, said Pam Fletcher, Deltas Chief Sustainability Officer. 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. Low-carbon aviation fuels are on the horizon. But for now, activists Many of these projects are REDD+ (Reducing Emissions from Deforestation and forest Degradation) projects backed by a United Nations framework that aims to curb climate change. SEATTLE and REDMOND, Wash. Oct. 22, 2020 Microsoft Corp. employees who fly between their global headquarters in Redmond, Washington, and California [] Read More: https://news.delta.com/delta-signs-first-multi-year-saf-agreement-ctm-reaches-collective-purchase-300000-gallons-corporate. 1 airline named among America's Most Sustainable Companies by Barron's in 2020. This iswhyinvestments,guided by a stronglong-term vision,are so critical. How Airlines are Making Flying Greener and More Eco-Friendly - AFAR This agreement represents a conceptual alignment within the travel industry to offset emissions from corporate traveler flights. Deltas commitment to sustainability is about joining arms to create a better world as the industry works to reach its sustainability goals. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the estimates, expectations, beliefs, intentions, projections, goals, aspirations, commitments and strategies reflected in or suggested by the forward-looking statements. On behalf of the entire team at Gevo, I want to congratulate our partners at Delta for their leadership in continuously pushing the aviation industry towards net-zero emissions. Pleaseseewww.deloitte.com/us/aboutfor a detailed description ofDeloitteslegal structure. Sustainable aviation fuel (SAF) has been . For more information, visit Delta.com/sustainability. Numerous airlines, aircraft makers and fuel companies are working to create SAFs. In the year since Delta announced its $1 billion commitment to carbon neutrality from March 2020 onward, the company remains focused on carbon reduction and removal and stakeholder engagement in an effort to ensure its operations are more sustainable. Subscribeandfollow. Sustainable Aviation Fuels | Port of Seattle Read More: https://news.delta.com/delta-joins-coalitions-driving-net-zero-future. 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. It is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. While there are manypathsto carbon neutrality,Delta chosetomake an impact today and invest in a future where aviation itselfbecomescleanerfor the world around us.. Read More: https://news.delta.com/delta-spotlights-sustainable-heights-recent-flight. It is a token for associates to reflect on maintainable fuels and their investigation. Founded in 1911 by a vote of the people as a special-purpose government, the Port of Seattle's mission is to promote economic opportunities and quality of life in the region by advancing trade, travel, commerce, and job creation in an equitable, accountable, and environmentally responsible manner. Emissions reduction, sustainable fuel & innovation. PDF Globally Environment Sustainable Airline: a Comparison Between Finnair DTTL and each of its member firms are legally separate and independent entities. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the estimates, expectations, beliefs, intentions, projections, goals, aspirations, commitments and strategies reflected in or suggested by the forward-looking statements. Delta seekstoengageinvestors, customers and employeesonthis journeytoward zero-impact aviation. Chevron, Delta, and Google Team Up for Sustainable Aviation Fuel The collaboration with Deloitte represents one of the first of what the airline hopes will be many significant achievements for both areas. This is not acompetition, said Bastian. BCD Travel helps companies make the most of what they spend on travel. SAF can reduce lifecycle CO2 emissions by up to 80% compared to conventional fuel. With this partnership, we are seeing the entirety of the travel industry invested in creating a sustainable future for aviation, said Deltas Amelia DeLuca, Managing Director Sustainability. 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. Two projectsin Deltasoffsetportfolio areRimbaRaya and Keo Seima,which protect forests through a community-driven conservation model involving local communities in Indonesia and Cambodia. Today, there is only enough SAF available on the market to support one day of Deltas operations at pre-pandemic levels. Over the past year, we have taken on bold commitments to be a driver of change for diversity, equity & inclusion and environmental sustainability, within our industry and beyond, said Tim Mapes, Deltas Chief Marketing & Communications Officer. Read More: https://news.delta.com/delta-and-bcd-travel-sign-industry-first-global-travel-management-sustainable-fuel-agreement, Note: Delta has been publishing annual Corporate Responsibility Reports (CRRs) since 2009. 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 . What is Sustainable Aviation Fuel? - Honeywell In the meantime, technologies like direct air capture have the potential to scale. Delta Air Lines is driving forward a new chapter of sustainable aviation by investing through its pension plans in TPG Rise Climate, a multibillion-dollar impact investing fund focused on supporting climate solutions at scale. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Delta has even started executing industry-leading. Sustainable Aviation Fuel Grand Challenge | Department of Energy 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. Delta Air Linesaudaciouscommitment to carbon neutralityfrom March 2020 onwardis coming tofruition withswift impact throughimmediateactionscoupled withlong-term investmentsto combat climate change. This partnership marks Deltas latest step in integrating its environmental, social and governance goals across its entire business strategy. Sustainable Aviation Fuel Prepares for Takeoff Chevron Delta is on a journey to decarbonize our industry our Flight to Net Zero but its not a task that happens overnight. Read More: https://news.delta.com/delta-leaders-reflect-accelerating-airlines-sustainability-goals. Thatis equal to the emissions from annual electricity consumption of almost 200,000 households,orroughlyallhouseholds in the city ofAtlanta. Deltas continued focus on sustainability, especially during a pandemic that has severely impacted its business, speaks volumes, said Joe Ucuzoglu, Deloittes U.S. CEO. Now celebrating 175 years of service, Deloittes network of member firms spans more than 150 countries and territories.
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