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. Neste has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the worlds most sustainable companies. It is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. Now celebrating 175 years of service, Deloittes network of member firms spans more than 150 countries and territories. Delta hasexecutedindustry-leadingSAFagreements with corporate customers totake collective action for the greater good of our planet. Read More: https://news.delta.com/delta-details-climate-change-fight-global-citizen. and Executive Chair of Sustainability. We must work together toward a more sustainable, healthy future. Other enhancements to our onboard offerings include bedding made from 100% recycled plastic bottles, reusable and biodegradable service ware and premium canned wine. NREL develops and helps deploy sustainable aviation solutions that can be scaled globallyfrom net-zero-carbon energy sources to infrastructure optimization and aircraft propulsion technologies. Sustainable aviation fuels provide significant environmental benefits because the lifecycle carbon footprint can be up to 75 percent less than conventional jet fuel. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the Deloitte name in the United States and their respective affiliates. 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 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. United's original purchase agreement for SAF was in 2013. It also joined the First Movers Coalition, a public-private partnership and platform designed to accelerate and scale the development of breakthrough technologies and fuels, helping hard-to-abate sectors like aviation reduce greenhouse gas emissions. 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. This will be achieved primarily through sustainable aviation fuels and new technology . 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 NEWS ON THE GO. 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. Read More: https://news.delta.com/earth-month-how-delta-doing-our-part-sustainable-future. 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. For the first time, sustainable aviation fuel is delivered to Deltas LaGuardia hub, using an existing petroleum pipeline. 1 airline named among America's Most Sustainable Companies by Barron's in 2020. 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. Wemustcontinue totake immediate actions today andcant wait for future solutions to become a reality. This is just the beginning. 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. 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. 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.. 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. 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 agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. Deltas journey toward its sustainability goals will require collaboration and partnerships. "Sustainable aviation fuels represent the most meaningful solution currently available to reduce climate impact for the "hard-to-decarbonize" aviation industry" - Sara Bogdan, Head of Sustainability and ESG for JetBlue. 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. It's produced from sustainable feedstocks and is very similar in its chemistry to traditional fossil jet fuel. This partnership significantly increases Delta's access to sustainable aviation fuel while expanding the alternative fuel market. Delta was the No. To do this means more sustainable fuel, better efficiency, and new technology. Theseinvestmentssupport the cost of running the programsand conserving more than half a million acres of forests while avoiding the release ofan average of5 million metric tons of carbon to the atmosphere per year. The deal is expected to reduce CO2 emissions by 1,000 metric tonnes. DELTA NEWS ON THE GO. 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. 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. Read More: https://news.delta.com/delta-commits-set-science-based-target-align-paris-agreement. 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. Read more:neste.com. 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. The transition towards Sustainable Aviation Fuel (SAF) has been identified as one of the key factors in reducing greenhouse gas emissions across the industry. 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). We estimate that SAF could contribute around 65% of the reduction in emissions needed by . One example isitsmembership in MITs IndustrialLiaison Program, which has helped Delta understand and quantify aviations environmental impacts and inform a long-term plan to support industry innovation. Find out about Deltas involvement in the community and how Delta employees help make the communities where they work and live a better place. All forward-looking statements involvea number ofrisks 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. 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. We focus on building our fleet to have the longest, most sustainable life possible to make the most of our planets resources. 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). 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. 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. At Delta, however, that isnt something we do on just one day its a mindset that informs every decision we make. It is a token for associates to reflect on maintainable fuels and their investigation. Delta is on a journey to decarbonize our industry our Flight to Net Zero but its not a task that happens overnight. 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. First approved for commercial aviation use in 2011 (when blended with petroleum jet fuel), SAF is much more expensive than fossil-based fuel, costing generally at least four or five times more than conventional jet fuel.. It means investing in our future through direct action now. Sustainable aviation fuel accounts for much less than 1% of global aviation fuel. 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. Read More: https://news.delta.com/deltas-esg-report-powering-purpose-driven-goals-be-catalyst-change. Delta's Commitment to Sustainability Since 2005, Delta has reduced its jet fuel consumption, leading to an 11 percent decrease in emissions as Delta works toward its long-term goal of reducing emissions by 50 percent by 2050. Captured carbon can also be used to create fuels. 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.. 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, American and others around the world have turned to sustainable aviation fuel, or SAF, to get to zero . 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. Delta is a known innovator in the airline industry so were excited to work with them on implementing this long-term partnership.. Together, the products will reduce onboard single-use plastic consumption by approximately 4.9 million pounds per year thats roughly the weight of 1,500 standard-sized cars and significantly increase Deltas support of minority- and women-run businesses. Sustainable aviation fuel (SAF) - a low-carbon alternative to conventional, petroleum-based jet fuel - is helping the aviation industry lower its carbon footprint. Now. Innovations in propulsion, post-combustion emission controls, electric power delivery and fuel cellswouldsubstantiallyaddress emissionsbut are far from commercial aviation applications. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Read More: https://news.delta.com/delta-spotlights-sustainable-heights-recent-flight. 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. DTTL (also referred to as Deloitte Global) does not provide services to clients. Some typical feedstocks used are cooking oil and other . 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. Read More: https://news.delta.com/always-climbing-2021-esg-report-highlights-deltas-accelerated-progress-toward-people-centric-future. 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.. Read More: https://news.delta.com/delta-joins-drawdown-georgia-business-compact. One company alone cannot solve this challenge, making partnerships critical. Technological innovation, partnerships and coalitions will be required to help us achieve this goal. To broaden the availability of alternativefuelsand carbon capturetechnology, Deltaaims tobuild coalitions with suppliersand otherindustryparticipantsto drive down the cost and increase the consumption and production ofthesetransformative technologies. Under a new agreement, DG Fuels, LLC 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. 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. Now, as travelers return to the sky again, the race is on to accelerate the market for sustainable aviation fuel (SAF). SAF can reduce lifecycle CO2 emissions by up to 80% compared to conventional fuel. 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. Jan. 30, 2023. 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 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. 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. *Non-CO2e effects which may also contribute to aviation induced warming are not included in this target. 2022 is shaping up to be a pivotal year for our world, and that includes Delta and you. These projectsprevent deforestation toensure that some of the worlds largest forests remainintactand continue to absorb and store carbon dioxide. In the meantime, technologies like direct air capture have the potential to scale. This agreement represents a conceptual alignment within the travel industry to offset emissions from corporate traveler flights. Hear from three Delta leaders about why this journey matters, what were doing now and where were headed. Since 2007, weve recycled more than 3 million pounds of aluminum onboard and, with the rebates, have funded. 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). And this EarthDay, we're sharing more aboutour sustainability strategy, hosting a town hall to help educate our people andspotlighting how customersare gettinginvolved. Aemetis, Inc. | Aemetis Signs Offtake Agreement with Delta Air Lines for 250 Million Gallons of Sustainable Aviation Fuel Aemetis, Inc. is an industrial biotechnology company producing renewable chemicals and fuels using patented microbes and processes. Collaborations like this, between Delta and Deloitte, further support SAF development and represent the growing demand for innovations in clean fuel technologies. 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. Delta has signed a deal with Deloitte, one of its corporate customers, to purchase Sustainable Aviation Fuel (SAF). Those efforts have resulted in more than 1 million gallons of purchased SAF so far. 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. Deltas continued focus on sustainability, especially during a pandemic that has severely impacted its business, speaks volumes, said Joe Ucuzoglu, Deloittes U.S. CEO. Deltas journey toward its sustainability goals will require collaboration and partnerships. We expect our path toward achievement of this ambitious climate goal to include fleet, sustainable aviation fuel, operational improvements and offsets. 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. Developing coalitions to bring together leaders across industries is crucial in advancingazero-impact future.. Jan. 26, 2023. That is equaltothecarbonsequesteredby17 millionacresof U.S. forests in one year,enough tocoverthe state ofWest Virginia. 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. 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. Deltas new brand campaign builds on the commitment first announced in March 2020 to be the first carbon-neutral airline globally. 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. Learn more about Sustainable Aviation Fuels. 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 continuing its commitment as a sustainability leader in our home state, joining a coalition of Georgia businesses committed to developing a just, competitive and sustainable transition to net-zero emissions by 2050. More than 50 airlines, oil companies and other companies, including Delta, BP and Boeing, pledged on Wednesday to replace 10% of global jet fuel supply with sustainable aviation fuel (SAF) by 2030. * 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. 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 joins First Movers Coalition to drive breakthrough technologies and sustainable fuels, A decarbonized future for flight: Delta and Airbus collaborate to pull forward the future of hydrogen fuel, Delta invests in TPG Rise Climate to accelerate innovative climate solutions, 10 ways Delta advanced the more sustainable future of flying in 2022, Delta, DG Fuels partner in pivotal expansion of sustainable fuel market, Delta leaders reflect on accelerating the airlines sustainability goals, Delta, Joby Aviation partner to pioneer home-to-airport transportation to customers. "Actions speak louder than words, and we are delighted to . January 30, 2020 | Jim Lane. 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. Delta has also earned a spot on the FTSE4Good Index for six consecutive years and theDow Jones Sustainability North America Indexfor ten consecutive years. 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. Beyond aircraft changes, significant investments in infrastructure, likeclean energy andhydrogen fuelgeneration, would also be required for commercially viable solutions. 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. SeeDeltas sustainabilityglossaryfordefinitions ofsustainabilitytermsand details about Scope 1, 2 and 3 emissions. We use compostable stirrers onboard and removed wrappers from cutlery and amenity kits, eliminating 30K lbs. 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. 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. Read More: https://news.delta.com/delta-invests-net-zero-aviation-through-aviation-climate-taskforce. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Delta aims to be using 10% sustainable aviation fuel by the end of 2030. Here's what to know about SAF and why it's key to . 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 . Delta Airlines is committed to replace 10% of current jet fuel use with . 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. 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. This partnership significantly increases Deltas access to sustainable aviation fuel while expanding the alternative fuel market.
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