Delta Air Lines secured deals with three sustainable aviation fuel producers and set a target of replacing 10 percent of jet fuel use with sustainable aviation fuels by 2030. DELTA NEWS ON THE GO. 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. 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-launches-flight-net-zero-signs-partnership-cwt. As Delta works to solve its largest impact on the environmentcarbon dioxide emissionsitplans toinvest ininnovativesolutions, likecarbon capture and storage andsustainable aviation fuels(SAF). Due to those fleet decisions and reduced passenger loads amid COVID-19, Deltasfleet was nearlysixpercent more fuel efficient per available seat mile in 2020 than in 2019, saving 117 million gallons of fuel. Read More: https://news.delta.com/delta-announces-new-program-build-more-resilient-transparent-and-effective-supply-chain. 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. Read More: https://news.delta.com/delta-joins-drawdown-georgia-business-compact. Many airlines and fuel companies are investing in SAFs. Electric Aviation Is Arriving, and Cybersecurity Is High Priority. Now. 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 . Minneapolis, 3 June, 2021: CWT, the Business-to-Business-for-Employees (B2B4E) travel management platform, today announces its partnership with Delta Air Lines on an agreement to purchase enough sustainable aviation fuel (SAF) to cover the projected fuel usage from all of CWT's travelers on Delta on 5 June, World Environment Day. 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. In 2020, Neste's revenue stood at EUR 11.8 billion, with 94 percent of the companys comparable operating profit coming from renewable products. Delta seekstoengageinvestors, customers and employeesonthis journeytoward zero-impact aviation. It is a "drop-in" fuel blended with up to 50% conventional jet fuel, requiring no aircraft modifications. 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. Sustainable aviation fuel (SAF) has been . Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. Read More: https://news.delta.com/delta-leaders-reflect-accelerating-airlines-sustainability-goals. 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. 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. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. Technical analysis done at ICAO shows that SAF has the greatest potential to reduce CO 2 emissions from International Aviation.. ICAO is working to facilitate SAF development and deployment through four main streams: Together, we will make a difference for generations to come.. SAFand other advanced technologies are not available on a large enough scale to meet todaysindustry demands. The European Union's "Fit for 55" package of regulatory proposals were announced on 14 July 2021 as part of the EU's strategy to reduce emissions 55% by 2030, compared to 1990 levels. Carbon capture and storagetechnologyneed to progress to serve the expected demand for carbon dioxide removal from the atmosphere, especially for hard-to-abate sectors like aviation. Delta is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. The companyhasagreedto purchasea future supply of70 million gallons of sustainable aviation fuel per year. Deltas 2021 Environmental, Social and Governance (ESG) Report offers the latest data and insight into the companys efforts to advance its purpose of connecting people with opportunity while expanding the understanding of the planet and with the people within it. Subscribeandfollow. In the meantime, technologies like direct air capture have the potential to scale. 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.. The travel management company gives travelers innovative tools that keep them safe and productive, while helping them make good choices on the road. 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. 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. CarbonReductionProjects:Investing inconvertingfromemissions-intensiveenergy sources,like coal,to sources like wind and solar serves as a foundation forreducing emissions. Read More: https://news.delta.com/deltas-esg-report-powering-purpose-driven-goals-be-catalyst-change. Deltasvisioniszero-impactaviation:air travel that does not damage the environment directly or indirectly via greenhouse gas emissions, noise, waste generationor otherenvironmentalimpacts. Deloitte has entered into an agreement with Delta for the airline to purchase sustainable aviation fuels on the global consultancy's behalf to cover a portion of its business travel, becoming one of the first corporates to do so. 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. 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. and Executive Chair of Sustainability. Technological innovation, partnerships and coalitions will be required to help us achieve this goal. Delta will need to secure 400 million gallons annually by the end of 2030 to meet its 10% SAF procurement commitment and approximately 4 billion gallons annually if it were to fly solely on SAF. Read more:neste.com. Read More: https://news.delta.com/always-climbing-2021-esg-report-highlights-deltas-accelerated-progress-toward-people-centric-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. Pamela Fletcher will join Delta as Senior Vice President and Chief Sustainability Officer and will join the Delta Leadership Committee as the airline industrys only C-Suite level CSO, CEO Ed Bastian said in a letter to employees. 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. All of Deltas offset projects are independently audited against leading, third-party standards. Deloitte is one of Deltas first corporate customers to purchase SAF facilitated by Delta. 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. 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. 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.. Such statements are notguaranteesor promised outcomes and should not be construed as such. 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. SAF is existing technology that is crucial for the industry to achieve its net-zero goals said Pam Fletcher, Deltas Chief Sustainability Officer. One company alone cannot solve this challenge, making partnerships critical. * 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. Using sustainable aviation fuel won't significantly reduce greenhouse gas emissions. MSP, SEA, and SFO clubs are zero-waste, as in 90% landfill diversion. This program will help cargo customers reduce their environmental footprint and create a more sustainable future. Delta is partnering with universities, foundations, and others to explore circular economy solutions to waste. DTTL (also referred to as Deloitte Global) does not provide services to clients. Read More: https://news.delta.com/delta-spotlights-sustainable-heights-recent-flight. As a technologically advanced refiner of high-quality oil products with a commitment to reach carbon-neutral production by 2035, they are also introducing renewable and recycled raw materials such as waste plastic as refinery raw materials. Scaling up sustainable aviation fuel production to at least 3 billion gallons per year by 2030 by supporting producers . As part of its Flight to Net ZeroSM plan to scale and advance sustainable technologies, Delta has signed a Memorandum of Understanding to become the first U.S.-based airline to collaborate with Airbus on the research and development of hydrogen-powered aircraft and the ecosystem required to make the transition. Right now, there's only enough sustainable aviation fuel on the market to supply one day of Delta's operations. Delta was the No. Delta Air Lines commits to publicly report on non-CO2e impacts of aviation over its target timeframe. SAF is a drop . "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." Beyond aircraft changes, significant investments in infrastructure, likeclean energy andhydrogen fuelgeneration, would also be required for commercially viable solutions. Alongside 30 aviation leaders, Delta and United last week joined Mission Possible Partnership in an initiative that lays out an ambitious pathway for phasing out fossil jet fuel by 2050. Read More: https://news.delta.com/deltas-deal-gevo-pushes-saf-goal-forward. These collaborations may include a variety of initiatives, for . And this EarthDay, we're sharing more aboutour sustainability strategy, hosting a town hall to help educate our people andspotlighting how customersare gettinginvolved. Deliveries are expected to begin at the end of 2027. These projectsprevent deforestation toensure that some of the worlds largest forests remainintactand continue to absorb and store carbon dioxide. At Delta, however, that isnt something we do on just one day its a mindset that informs every decision we make. Two projectsin Deltasoffsetportfolio areRimbaRaya and Keo Seima,which protect forests through a community-driven conservation model involving local communities in Indonesia and Cambodia. From welcoming a new CSO and developing innovative partnerships, to advancing sustainable aviation fuel markets and further reducing single-use plastics onboard, work across the global carrier in 2022 has set Delta . 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. Delta hasworkedwith leadersinside and outside the aviation sector toshapeitsplansand will announcemultiple partnershipsin the second quarter. 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. 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, 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. 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 a known innovator in the airline industry so were excited to work with them on implementing this long-term partnership.. 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. "While Delta continues to take actions toward our long-term goal of reducing carbon . Deltas continued focus on sustainability, especially during a pandemic that has severely impacted its business, speaks volumes, said Joe Ucuzoglu, Deloittes U.S. CEO. The . The 2020 ESG Report is a snapshot of Deltas environmental, social and governance progress covering the period from January 1 to December 31 and takes a detailed look at important areas like health and safety, climate change, and human capital management, including diversity, equity and inclusion, as well as the governance framework we have in place with respect to each of them. Our offsetprojectsare making ameasurableand meaningfuldifference byprotectingforests,conservingwildlife andhelpingcommunities developaround the world.. 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. 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. 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. Our goal is to decarbonize aviation. Since 2007, weve recycled more than 3 million pounds of aluminum onboard and, with the rebates, have funded. To ensure all stakeholders see the results of their engagement, the company is making transparency the cornerstone of its approachwhich it intends todemonstratethroughbest-in-class reporting, collaboration across industries and fund management. Delta has also earned a spot on the FTSE4Good Index forsixconsecutive years and theDow Jones Sustainability North America Indexfortenconsecutive years. The deal is expected to reduce CO2 emissions by 1,000 metric tonnes. We estimate that SAF could contribute around 65% of the reduction in emissions needed by . Sustainable aviation fuel is made from feedstocks such as used cooking oil and animal fat and can be three or four times. 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. For more information, visit www.bcdgroup.com. BCD Group is a market leader in the travel industry. SeeDeltas sustainabilityglossaryfordefinitions ofsustainabilitytermsand details about Scope 1, 2 and 3 emissions. Read More: https://news.delta.com/delta-invests-net-zero-aviation-through-aviation-climate-taskforce. It is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. In 2021, Delta purchased over 300,000 gallons of SAF, collaborating with its corporate partners to help grow the underdeveloped SAF market. 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. Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. 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. Deltas goal is to replace 10 percent of its jet fuel refined from fossil fuel with sustainable aviation fuel by the end of 2030. spotlighting how customersare gettinginvolved. The new agreement reflects Deltas dedication to driving the growth of sustainable fuels as it works toward reducing aviation's carbon emissions over the long term. In the short term,Deltaintends to achievecarbonneutralitybydirectlyreducing emissionsthroughfleet and operational efficienciesandaddressingremainingemissions throughcarbon offsetprojectinvestmentsthat maintain,protectandexpand forests.
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