Delta's more than 75,000 employees believe our customers should not have to choose between seeing the world and saving the planet. 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. SAF can reduce lifecycle CO2 emissions by up to 80% compared to conventional fuel. Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. Those efforts have resulted in more than 1 million gallons of purchased SAF so far. Dan describes pathways to net zero by 2050, which include emission cuts from sustainable fuels, increased aviation fuel efficiency, carbon pricing, and a few modal shifts. Airlines KLM, Easyjet, Delta, Tui and Corenden say the plans are in breach of EU and international law. It is a "drop-in" fuel blended with up to 50% conventional jet fuel, requiring no aircraft modifications. 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. Sustainable aviation fuels provide significant environmental benefits because the lifecycle carbon footprint can be up to 75 percent less than conventional jet fuel. 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. The sustainable aviation fuel, expected to be produced in a facility in Washington State, could be used in Delta operations at stations in Seattle, Portland, San Francisco and Los Angeles. Other technologies being developed involve turning food. DTTL and each of its member firms are legally separate and independent entities. United's original purchase agreement for SAF was in 2013. Once taking delivery of the SAF, Delta will be able to offer sustainable air travel solutions to Deloitte and other corporate customers. 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. Were evaluating changes to more single-use plastics through lifecycle analyses. 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. Read More: https://news.delta.com/decarbonized-future-flight-delta-and-airbus-collaborate-pull-forward-future-hydrogen-fuel. One company alone cannot solve this challenge, making partnerships critical. Many airlines and fuel companies are investing in SAFs. Dan describes a way to integrate the . Cellulosic biomass feedstock SAF is the key to scaled deployment that moves the needle for the aviation industry in reducing its carbon footprint, said Christopher J. Chaput, President and CFO of DG Fuels. Pleaseseewww.deloitte.com/us/aboutfor a detailed description ofDeloitteslegal structure. Travel management companies, especially those as globally focused as BCD Travel, are noting the importance of traveling sustainably. Deltas holisticenvironmentalsustainability planremains focused on three areas: In 2020, the companyretiredmore than 200 older aircraft. 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). Subscribe and follow. 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. We use compostable stirrers onboard and removed wrappers from cutlery and amenity kits, eliminating 30K lbs. These projectsprevent deforestation toensure that some of the worlds largest forests remainintactand continue to absorb and store carbon dioxide. Examples includebio-fuelsand synthetic fuels. Delta has signed a deal with Deloitte, one of its corporate customers, to purchase Sustainable Aviation Fuel (SAF). 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. 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. 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. 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. Delta and Deloitte are one step closer to sustainable business travel, thanks to a sustainable aviation fuel (SAF) agreement covering a portion of Deloittes business travel. Jan. 30, 2023. Increased production will improve the economies of scale for these sustainable fuels, which made up less than 0.1 percent of the 96 . Delta aims to be using 10% sustainable aviation fuel by the end of 2030. Delta is partnering with universities, foundations, and others to explore circular economy solutions to waste. 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. 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. 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. The SAF will likely use timber waste, corn stover and cotton gin waste as feedstock and is expected to reduce lifecycle greenhouse gas emission by between 75%-85% compared to conventional jet fuel, which aligns with Deltas goal as a founding member of the First Movers Coalition. 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. BCD Travel helps companies make the most of what they spend on travel. 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. No one person or company or country alone can make the impact necessary to put our planet on a sustainable track for the future. Read more:neste.com. Sustainable aviation fuel (SAF) - a low-carbon alternative to conventional, petroleum-based jet fuel - is helping the aviation industry lower its carbon footprint. Please see www.deloitte.com/aboutto learn more about our global network of member firms. Its a decades-long process requiring collaboration across our business and with other industries. . 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. 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. 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. Its part of our mission as a company to help people and companies travel smart and achieve more. 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. 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. 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. SAF is an important lever to reduce the lifecycle carbon emissions from aviation fuel, up to 80 percent when used in pure form compared to fossil jet fuel, and has great potential to scale. 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. Challenges of Sustainable Aviation Fuels. Hear from three Delta leaders about why this journey matters, what were doing now and where were headed. Read More: https://news.delta.com/delta-air-lines-releases-climate-lobbying-report. In short, BCD helps their clients travel smart and achieve more. of waste annually. SEATTLE and REDMOND, Wash. Oct. 22, 2020 Microsoft Corp. employees who fly between their global headquarters in Redmond, Washington, and California [] This is not acompetition, said Bastian. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Such statements are not guarantees or promised outcomes and should not be construed as such. Uniting across industriestocreate amore sustainablefutureis imperative. DELTA NEWS ON THE GO. 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. "When Delta committed to being carbon neutral, we also committed to continued. Thatis equal to the emissions from annual electricity consumption of almost 200,000 households,orroughlyallhouseholds in the city ofAtlanta. Deloitte is one of Deltas first corporate customers to purchase SAF facilitated by Delta. Read More: https://news.delta.com/delta-joins-first-movers-coalition-drive-breakthrough-technologies-and-sustainable-fuels. This partnership marks Deltas latest step in integrating its environmental, social and governance goals across its entire business strategy. Deltas new brand campaign builds on the commitment first announced in March 2020 to be the first carbon-neutral airline globally. It means investing in our future through direct action now. This will be achieved primarily through sustainable aviation fuels and new technology . Although these technologies arestill in the early stages ofdevelopmentandarenot expected to enter service anytime soon, Delta isevaluating partnershipstoaccelerate andsupport their advancement. They make this happen in 109 countries with a global client retention rate of 98 percent, the highest in the industry. 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). Delta, American and others around the world have turned to sustainable aviation fuel, or SAF, to get to zero . The deal is expected to reduce CO2 emissions by 1,000 metric tonnes. and Executive Chair of Sustainability. 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. Rather than being refined from petroleum, SAF is produced from renewable resources such as waste oils. From federal policy that puts it financially on par with road-based fuels to broad corporate interest, all stakeholders need to drive forward access to SAF in order to expand the market and meet the needs of the industry.. 2022 is shaping up to be a pivotal year for our world, and that includes Delta and you. That includes10 million beginning in 2024 fromGevoand 60 million beginning in 2025 fromNorthwest Advanced Bio-Fuels, representinga projected1.7 percent ofDeltastotalannualfuelconsumption, adjusted for 2019 flying levels. To request prior reports, a CRR prior to 2018, please contact sustainability@delta.com. 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. SAF is existing technology that is crucial for the industry to achieve its net-zero goals said Pam Fletcher, Deltas Chief Sustainability Officer. 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. This is just the beginning. Flight to Net Zero encompasses Deltas climate leadership through its carbon neutrality goal. For more information, visit www.bcdgroup.com. Sustainable aviation fuels (SAF) are defined as renewable or waste-derived aviation fuels that meets sustainability criteria 1. While these technologies are nascent and very expensive today,Deltabelievesthey have great future potential andarethefirst stepstowards zero-impact aviation. 1 contributor to Deltas carbon footprint and the chief focus of our efforts to reduce our emissions and manage our environmental impact. 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. Learn more here. For example, renewable jet fuel is an approved fuel that may be used to meet the annual Renewable Fuel Standard (RFS) mandate.5 Moreover, in September 2021, the Biden Administration established a Sustainable Aviation Fuel Grand Challenge "to inspire the dramatic increase in the production of sustainable aviation fuels to at least 3 billion . For more information, visit Delta.com/sustainability. 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. . It has received the Vision for America Award by Keep America Beautiful and Captain Planet Foundation's Superhero Corporate Award. The low-carbon and high . Global aviation accounts for about 3% of global greenhouse gas (GHG) emissions and is one of the toughest sectors to . 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. Together, we will make a difference for generations to come.. 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. Delta is the first U.S. airline to partner with EcoVadis, a provider of business sustainability ratings. 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. 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). SAF is essential to our industrys more sustainable future, and new supply chain streams will help ensure sustainable fuel becomes more available and affordable.. Read more about Deltas efforts to grow the SAF market on the Delta News Hub. 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. Read More: https://news.delta.com/delta-leaders-reflect-accelerating-airlines-sustainability-goals. SAF is blended with conventional jet fuel to reduce overall emissions while meeting FAA regulations. As Delta invests in future technologies, carbonoffsetsareaviable, proven and immediateway tomake an impacttoday, saidDeltasSue Kolloru, V.P. Such statements are notguaranteesor promised outcomes and should not be construed as such. Our offsetprojectsare making ameasurableand meaningfuldifference byprotectingforests,conservingwildlife andhelpingcommunities developaround the world.. 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 . *Non-CO2e effects which may also contribute to aviation induced warming are not included in this target. 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. 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. 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.. 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. Deltasgoal is to have an offset portfolio that includes: CarbonAvoidanceProjects:Deforestation contributes 10to 15 percentof carbon emissions globally. Subscribeandfollow. NWABF plans first delivery of the fuel by the end of 2023. 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. 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. 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 NEWS ON THE GO. This year will be full of opportunities to reconnect and get back to what we all love most. The global aviation industry is a hard-to-abate sector, meaning it is innately difficult to decarbonize.
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