For more information, visit Delta.com/sustainability. Delta and Airbus will collaborate on industry-leading research to accelerate the development of a hydrogen-powered aircraft and the ecosystem it requires. 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. 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. spotlighting how customersare gettinginvolved. For more information, visit Delta.com/sustainability. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (DTTL), its network of member firms, and their related entities. Hydrogen power has great potential to speed air travel toward net zero carbon emissions, a future that could be accelerated thanks to a new agreement between Delta and Airbus. SAF is blended with conventional jet fuel to reduce overall emissions while meeting FAA regulations. Delta was the No. Captured carbon can also be used to create fuels. This year will be full of opportunities to reconnect and get back to what we all love most. 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. Delta and DG Fuels, LLC are taking an important step together to expand the availability of sustainable fuel, with a new low-emissions SAF, which is critical to achieving a more sustainable future for aviation. 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. Commitment to Transparency Sustainable aviation fuels (SAF) are defined as renewable or waste-derived aviation fuels that meets sustainability criteria 1. Now. On a United flight today from Chicago to Washington, D.C., for the first time ever with passengers aboard, one engine will be filled with 100% sustainable aviation fuel instead of fossil fuels. Read More: https://news.delta.com/update-our-path-net-zero. 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: "While Delta continues to take actions toward our long-term goal of reducing carbon . We must work together toward a more sustainable, healthy future. 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Department of Energy Honors 12 From NREL. Delta is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. Sustainable aviation fuel is made from feedstocks such as used cooking oil and animal fat and can be three or four times. . 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. 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. 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. Flight to Net Zero encompasses Deltas climate leadership through its carbon neutrality goal. 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. 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 . To drive forward a new chapter for aviation, Delta is joining the Aviation Climate Taskforce (ACT) a new nonprofit founded to tackle eliminating carbon dioxide emissions in aviation. The . and Executive Chair of Sustainability. 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. The airline's commitment to carbon neutrality is coming to fruition with swift impact through immediate actions and long-term investments to combat climate change. These clubs recycle, compost, and provide eco-friendly food service items. It was the only U.S. airline included in the 2021 S&P Global Sustainability Yearbook. SAF can reduce lifecycle greenhouse gas emissions, which is the greenhouse gas impact from fuel during each stage of its production and use, up to 80% compared to fossil jet fuels. DELTA NEWS ON THE GO. Read More: https://news.delta.com/delta-spotlights-sustainable-heights-recent-flight. This partnership significantly increases Deltas access to sustainable aviation fuel while expanding the alternative fuel market. Rather than being refined from petroleum, SAF is produced from renewable resources such as waste oils. 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. 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. Deliveries are expected to begin at the end of 2027. Carbon RemovalProjects:Thisrefers tonature-based solutions such asafforestation and reforestation, where additional trees areplantedor areas are restoredin an effort toabsorb additionalcarbon dioxidefrom the atmosphere. Certain services may not be available to attest clients under the rules and regulations of public accounting. 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. 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). Its part of our mission as a company to help people and companies travel smart and achieve more. From fuel to food, Deltas flight from Atlanta to Salt Lake City showcased sustainable technologies available to customers today, as well as innovations in development as part of the SkyTeam Alliances Sustainable Flight Challenge. Read More: https://news.delta.com/delta-commits-set-science-based-target-align-paris-agreement. ICAO's "2050 Visualization for Sustainable Fuel" objective agreed upon in 2017. Learn how Deloittes more than 330,000 people worldwide connect for impact at www.deloitte.com. SAFand other advanced technologies are not available on a large enough scale to meet todaysindustry demands. Subscribeandfollow. SAF is essential to our industrys more sustainable future, and new supply chain streams will help ensure sustainable fuel becomes more available and affordable.. 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 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. Sept 30 (Reuters) - U.S. carrier Delta Air Lines Inc (DAL.N) will buy sustainable aviation fuel (SAF) from Aemetis Inc (AMTX.O) in a 10-year deal worth over $1 billion, including tax. Uniting across industriestocreate amore sustainablefutureis imperative. 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 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). 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. 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. Read More: https://news.delta.com/delta-joins-coalitions-driving-net-zero-future. Learn more about Sustainable Aviation Fuels. 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. This agreement represents a conceptual alignment within the travel industry to offset emissions from corporate traveler flights. In addition, the projects promote sustainable livelihoods, conserve critically endangered species, support the preservation of indigenous communities culture and traditions, and maintain the natural resources on which forest communities depend.. NIKE, Inc.andDeloitte, Deltas first and second corporatecustomers to purchaseSAFfacilitated by Delta, aresupportinga future of more sustainable business travel. This collaboration with Deloitte is one example of how companies can work together to meet goals we are equally passionate about, said Delta CEO Ed Bastian. Delta's goal is to replace 10 percent of its jet fuel refined from fossil fuel with sustainable aviation fuel by the end of 2030. Now, as travelers return to the sky again, the race is on to accelerate the market for sustainable aviation fuel (SAF). The transition towards Sustainable Aviation Fuel (SAF) has been identified as one of the key factors in reducing greenhouse gas emissions across the industry. These collaborations may include a variety of initiatives, for . 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. Deltasvisioniszero-impactaviation:air travel that does not damage the environment directly or indirectly via greenhouse gas emissions, noise, waste generationor otherenvironmentalimpacts. SAF can reduce lifecycle CO2 emissions by up to 80% compared to conventional fuel. 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. The low-emission jet fuel will power a Delta Air Lines flight, marking a seminal moment in the ongoing development and distribution of SAF in the U.S. Jet fuel is the No. 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. Sustainable aviation fuel (SAF) - a low-carbon alternative to conventional, petroleum-based jet fuel - is helping the aviation industry lower its carbon footprint. BCD Travel helps companies make the most of what they spend on travel. 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. Although these technologies arestill in the early stages ofdevelopmentandarenot expected to enter service anytime soon, Delta isevaluating partnershipstoaccelerate andsupport their advancement. Together, we will make a difference for generations to come.. Such statements are not guarantees or promised outcomes and should not be construed as such. Delta's more than 75,000 employees believe our customers should not have to choose between seeing the world and saving the planet. Read More: https://news.delta.com/delta-signs-first-multi-year-saf-agreement-ctm-reaches-collective-purchase-300000-gallons-corporate. Nestes SAF is made from sustainably sourced, renewable waste and residue materials, and it is a drop-in fuel that offers an immediate way to directly reduce lifecycle greenhouse gas emissions from aviation. Under a new agreement, the low-emissions fuel company plans to establish a new SAF supply stream that could provide Delta with 385 million gallons of unblended sustainable aviation fuel, while helping to expand availability of SAF in the underserved marketplace. SAF stands for sustainable aviation fuel. Innovations in propulsion, post-combustion emission controls, electric power delivery and fuel cellswouldsubstantiallyaddress emissionsbut are far from commercial aviation applications. DELTA NEWS ON THE GO. United's original purchase agreement for SAF was in 2013. Delta was the No. Neither of these come with an easy solution and will take time and resources to drive real impact, which is why we must be transparent about the progress we make.. "When Delta committed to being carbon neutral, we also committed to continued. 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. With the right policies and incentives in place, we can unlock a future where sustainable aviation fuel is a viable climate solution that benefits air travel and beyond.. 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. 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. This will be achieved primarily through sustainable aviation fuels and new technology . 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. Hear from three Delta leaders about why this journey matters, what were doing now and where were headed. BCD Group is a market leader in the travel industry. SeeDeltas sustainabilityglossaryfordefinitions ofsustainabilitytermsand details about Scope 1, 2 and 3 emissions. 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. Some typical feedstocks used are cooking oil and other . . That is equaltothecarbonsequesteredby17 millionacresof U.S. forests in one year,enough tocoverthe state ofWest Virginia. 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. For instance, the company has replaced more than 200 older aircraft with new planes that are 25 percent more fuel efficient. These projectsprevent deforestation toensure that some of the worlds largest forests remainintactand continue to absorb and store carbon dioxide. And this EarthDay, we're sharing more aboutour sustainability strategy, hosting a town hall to help educate our people andspotlighting how customersare gettinginvolved. Deltasgoal is to have an offset portfolio that includes: CarbonAvoidanceProjects:Deforestation contributes 10to 15 percentof carbon emissions globally. It is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. More information on Deltas sustainability efforts are available in its 2021 Environmental, Social and Governance Report. A carbon offset is a verified, quantifiable emissions reduction as a result of an investment in a project designed to avoid, reduce or remove carbon dioxide from the atmosphere. All Delta Sky Clubs use eco-friendly packaging for to-go foods. However, the market remains nascent due to limited supply and high costs. Deltasmedium-termgoal is to replace 10 percent of itsjet fuel refinedfromfossil fuel withSAFbythe end of2030. Delta hasexecutedindustry-leadingSAFagreements with corporate customers totake collective action for the greater good of our planet. 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 . 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. At Delta, however, that isnt something we do on just one day its a mindset that informs every decision we make. Read More: https://news.delta.com/deltas-esg-report-powering-purpose-driven-goals-be-catalyst-change. SAF is our best opportunity today for meaningful reductions in emissions from air travel, but the market needs investment and engagement from all stakeholders. 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. 1 airline named among America's Most Sustainable Companies by Barron's in 2020. This partnership significantly increases Delta's access to sustainable aviation fuel while expanding the alternative fuel market. This is not acompetition, said Bastian. Increased production will improve the economies of scale for these sustainable fuels, which made up less than 0.1 percent of the 96 . 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). The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. No one person or company or country alone can make the impact necessary to put our planet on a sustainable track for the future. Neste aims at helping customers to reduce greenhouse gas emissions with its renewable and circular solutions by at least 20 million tons annually by 2030. The market is so underdeveloped that allSAFproduced in 2020 would only power Deltas fleet for one daypre-COVID. The goal is to power every flight fueled at SEA with at least a 10% blend of sustainable aviation fuel (SAF) by 2028. For the first time, sustainable aviation fuel is delivered to Deltas LaGuardia hub, using an existing petroleum pipeline. 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. 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. The tech, says Velocys, will reduce greenhouse gas emissions by 70% for every metric ton of sustainable jet fuel . The companyhasagreedto purchasea future supply of70 million gallons of sustainable aviation fuel per year. DTTL (also referred to as Deloitte Global) does not provide services to clients. Deltas new brand campaign builds on the commitment first announced in March 2020 to be the first carbon-neutral airline globally. These Delta investments provide the necessary financial stabilityforprojects to protect forests and their vast capacity to store carbon the original technology provided by nature, saidGeraldProlman, CEO of Everland LLC. In short, BCD helps their clients travel smart and achieve more. Navigation can be closed using the escape key, Always Climbing: 2021 ESG Report highlights Deltas accelerated progress toward a people-centric future, Delta spotlights sustainable heights on recent flight, Delta leaders reflect on accelerating the airlines sustainability goals, Earth Month: How Delta is doing our part for a sustainable future, Deltas deal with Gevo pushes SAF goal forward, A decarbonized future for flight: Delta and Airbus collaborate to pull forward the future of hydrogen fuel, Delta announces a new program to build a more resilient, transparent and effective supply chain, Delta invests in TPG Rise Climate to accelerate innovative climate solutions, Delta Air Lines releases Climate Lobbying Report, A message to SkyMiles members from CEO Ed Bastian: Innovating for travel's future, Delta to welcome Chief Sustainability Officer, Delta joins First Movers Coalition to drive breakthrough technologies and sustainable fuels, Delta invests in net-zero aviation through Aviation Climate Taskforce, Delta joins Drawdown Georgia Business Compact, Delta details climate change fight at Global Citizen, Delta joins coalitions driving net-zero future, New campaign shines light on Deltas carbon neutrality, Delta Commits to set a Science Based Target to align with the Paris Agreement, 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's ESG Report: Powering purpose-driven goals to be a catalyst for change, Delta and BCD Travel sign industry-first global travel management sustainable fuel agreement, sustainable fuel agreements with corporate customers, Deltas 2021 Environmental, Social and Governance (ESG) Report, https://news.delta.com/delta-announces-new-program-build-more-resilient-transparent-and-effective-supply-chain, https://news.delta.com/delta-invests-tpg-rise-climate-accelerate-innovative-climate-solutions, https://news.delta.com/delta-air-lines-releases-climate-lobbying-report, https://news.delta.com/message-skymiles-members-ceo-ed-bastian-innovating-travels-future, https://news.delta.com/delta-welcome-chief-sustainability-officer, https://news.delta.com/delta-joins-first-movers-coalition-drive-breakthrough-technologies-and-sustainable-fuels, https://news.delta.com/delta-invests-net-zero-aviation-through-aviation-climate-taskforce, https://news.delta.com/update-our-path-net-zero, https://news.delta.com/delta-details-climate-change-fight-global-citizen, https://news.delta.com/delta-joins-coalitions-driving-net-zero-future, https://news.delta.com/new-campaign-shines-light-deltas-carbon-neutrality, https://news.delta.com/delta-commits-set-science-based-target-align-paris-agreement, https://news.delta.com/chevron-delta-air-lines-and-google-announce-intent-measure-sustainable-aviation-fuel-emissions-data, https://news.delta.com/delta-launches-flight-net-zero-signs-partnership-cwt, https://news.delta.com/deltas-esg-report-powering-purpose-driven-goals-be-catalyst-change, https://news.delta.com/delta-and-bcd-travel-sign-industry-first-global-travel-management-sustainable-fuel-agreement. 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. "Actions speak louder than words, and we are delighted to . Read more about Deltas efforts to grow the SAF market on the Delta News Hub. 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. Dan describes a way to integrate the . SEATTLE and REDMOND, Wash. Oct. 22, 2020 Microsoft Corp. employees who fly between their global headquarters in Redmond, Washington, and California [] January 30, 2020 | Jim Lane. Delta has pledged to replace 10% of its jet fuel with SAF by 2030. Deltas journey toward its sustainability goals will require collaboration and partnerships. We are grateful for Deloitte and our corporate customers and partners joining us on this important journey, said Bastian. We consider how much it will cost to decarbonize aviation as well as regional differences in approach, such as surcharges and subsidies. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. 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. 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. While there are manypathsto carbon neutrality,Delta chosetomake an impact today and invest in a future where aviation itselfbecomescleanerfor the world around us.. Subscribeandfollow. The low-carbon and high . 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 is produced from biofeedstocks that can reduce lifecycle carbon intensity significantly when compared to conventional jet fuel. Delta is the first U.S. airline to partner with EcoVadis, a provider of business sustainability ratings. Now in Delta One, you will find artisan-made amenity kits from Certified B Corporation apparel brand Someone Somewhere, opens in a new window.
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