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. 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. 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. 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.. SAF is our best opportunity today for meaningful reductions in emissions from air travel, but the market needs investment and engagement from all stakeholders. Here's what to know about SAF and why it's key to . SAF is a cleaner, direct replacement for fossil jet fuel and reduces . This program will help cargo customers reduce their environmental footprint and create a more sustainable future. 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. The aviation industry's net-zero carbon emissions target is focused on delivering maximum reduction in emissions at source, through the use of sustainable aviation fuels (SAF), innovative new propulsion technologies, and other efficiency improvements (such as improvements to air traffic navigation). Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. Once taking delivery of the SAF, Delta will be able to offer sustainable air travel solutions to Deloitte and other corporate customers. 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 travel management company gives travelers innovative tools that keep them safe and productive, while helping them make good choices on the road. Many airlines and fuel companies are investing in SAFs. 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. The goal is to reach 10 percent SAF . Delta has also earned a spot on the FTSE4Good Index for six consecutive years and the Dow Jones Sustainability North America Index for ten consecutive years. 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. Hear from three Delta leaders about why this journey matters, what were doing now and where were headed. 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. 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. However, the market remains nascent due to limited supply and high costs. 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 . SEATTLE and REDMOND, Wash. Oct. 22, 2020 Microsoft Corp. employees who fly between their global headquarters in Redmond, Washington, and California [] Through the agreement, Delta expects to receive roughly 75 million gallons of SAF annually for seven years, anticipated to start mid-2026. As Delta works to solve its largest impact on the environmentcarbon dioxide emissionsitplans toinvest ininnovativesolutions, likecarbon capture and storage andsustainable aviation fuels(SAF). 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. This partnership is one way Delta is engaging major stakeholders driving toward their own goals of carbon neutral air travel, so we can make a real and lasting sustainable impact.. Flight to Net Zero encompasses Deltas climate leadership through its carbon neutrality goal. Deltas goal is to replace 10 percent of its jet fuel refined from fossil fuel with sustainable aviation fuel by the end of 2030. The more that join us on this mission, the better.. 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. 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. Learn more here. It is a "drop-in" fuel blended with up to 50% conventional jet fuel, requiring no aircraft modifications. "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." Jan. 30, 2023. 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. 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. Those efforts have resulted in more than 1 million gallons of purchased SAF so far. 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. 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. . Its part of our mission as a company to help people and companies travel smart and achieve more. Subscribeandfollow. This agreement represents a conceptual alignment within the travel industry to offset emissions from corporate traveler flights. Deltas holisticenvironmentalsustainability planremains focused on three areas: In 2020, the companyretiredmore than 200 older aircraft. Read More: https://news.delta.com/delta-signs-first-multi-year-saf-agreement-ctm-reaches-collective-purchase-300000-gallons-corporate. In 2020, Neste's revenue stood at EUR 11.8 billion, with 94 percent of the companys comparable operating profit coming from renewable products. Subscribe and follow. Wemustcontinue totake immediate actions today andcant wait for future solutions to become a reality. Read More: https://news.delta.com/delta-joins-drawdown-georgia-business-compact. Delta seekstoengageinvestors, customers and employeesonthis journeytoward zero-impact aviation. 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. 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. 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. And this EarthDay, we're sharing more aboutour sustainability strategy, hosting a town hall to help educate our people andspotlighting how customersare gettinginvolved. Electric Aviation Is Arriving, and Cybersecurity Is High Priority. 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. It's produced from sustainable feedstocks and is very similar in its chemistry to traditional fossil jet fuel. 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. spotlighting how customersare gettinginvolved. SAFand other advanced technologies are not available on a large enough scale to meet todaysindustry demands. 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. The report details the companys global advocacy activities and policy engagements both direct and indirect that support and complement its Paris Agreement-aligned climate goals. 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.. Delta, American and others around the world have turned to sustainable aviation fuel, or SAF, to get to zero . Earth Day is the global moment for the world to reflect on how we can all act more responsibly and innovate toward a more sustainable future. 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. Delta Air Lines and BCD Travel USA LLC have signed the first-ever sustainable aviation fuel (SAF) agreement for a travel management company. 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 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Sustainable aviation fuel (SAF) - a low-carbon alternative to conventional, petroleum-based jet fuel - is helping the aviation industry lower its carbon footprint. Beyond aircraft changes, significant investments in infrastructure, likeclean energy andhydrogen fuelgeneration, would also be required for commercially viable solutions. Delta is partnering with universities, foundations, and others to explore circular economy solutions to waste. 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. To power its SAF agreement with Deloitte, Delta entered into a separate SAF supply agreement with Neste, a leading producer of low emission, renewable fuel for aircraft. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet, 10 ways Delta advanced the more sustainable future of flying in 2022, Delta, DG Fuels partner in pivotal expansion of sustainable fuel market, Delta, Neste, Colonial Pipeline show how current infrastructure is ready for SAF, Delta spotlights sustainable heights on recent flight, Delta leaders reflect on accelerating the airlines sustainability goals, Deltas deal with Gevo pushes SAF goal forward, Delta invests in TPG Rise Climate to accelerate innovative climate solutions, Delta joins First Movers Coalition to drive breakthrough technologies and sustainable fuels, Delta invests in net-zero aviation through Aviation Climate Taskforce, 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 and BCD Travel sign industry-first global travel management sustainable fuel agreement, Delta and Takeda partner to reduce 2021 aviation emissions via sustainable fuel agreement. 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 . Deloitte is one of Deltas first corporate customers to purchase SAF facilitated by Delta. "While Delta continues to take actions toward our long-term goal of reducing carbon . Your guide to SAF, the low-carbon alternative to conventional jet fuel that's helping to transform the airline industry. Fuel Sustainability in Aviation ICAO itself administers a database for the sharing of information on sustainable fuels and the organization of workshops and seminars. Neste MY Sustainable Aviation Fuel is a today solution, commercially available and in use worldwide. The . Using SAF results in a reduction in carbon emissions compared to the traditional jet fuel it replaces over the lifecycle of the fuel. Increased production will improve the economies of scale for these sustainable fuels, which made up less than 0.1 percent of the 96 . Read More: https://news.delta.com/new-campaign-shines-light-deltas-carbon-neutrality. This partnership significantly increases Deltas access to sustainable aviation fuel while expanding the alternative fuel market. This partnership significantly increases Delta's access to sustainable aviation fuel while expanding the alternative fuel market. 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. 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. 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. Delta Air Lines and BCD Travel USA LLC have signed the first-ever sustainable aviation fuel (SAF) agreement for a travel management company. 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. For more information, visit Delta.com/sustainability. To request prior reports, a CRR prior to 2018, please contact sustainability@delta.com. The goal is to power every flight fueled at SEA with at least a 10% blend of sustainable aviation fuel (SAF) by 2028. 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. Read More: https://news.delta.com/delta-welcome-chief-sustainability-officer. Many of these projects are REDD+ (Reducing Emissions from Deforestation and forest Degradation) projects backed by a United Nations framework that aims to curb climate change. 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. DALLAS, April 22, 2021 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced memoranda of understanding with two leading energy companies, Marathon Petroleum Corporation (NYSE: MPC), and Phillips 66 (NYSE: PSX), intended to facilitate the development and production of commercialized sustainable aviation fuel (SAF). We estimate that SAF could contribute around 65% of the reduction in emissions needed by . It was the only U.S. airline included in the 2021 S&P Global Sustainability Yearbook. 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. January 30, 2020 | Jim Lane. 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. Jet fuel is the No. This iswhyinvestments,guided by a stronglong-term vision,are so critical. Chevron, Delta Air Lines, and Google today announced a memorandum of understanding (MOU) to track sustainable aviation fuel (SAF) test batch emissions data using cloud-based technology. It has received the Vision for America Award by Keep America Beautiful and Captain Planet Foundation's Superhero Corporate Award. Its a decades-long process requiring collaboration across our business and with other industries. 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. Hear from three Delta leaders about why this journey matters, what were doing now and where were headed. . 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. These projectsprevent deforestation toensure that some of the worlds largest forests remainintactand continue to absorb and store carbon dioxide. Using sustainable aviation fuel won't significantly reduce greenhouse gas emissions. 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. Sustainable aviation fuel is made from feedstocks such as used cooking oil and animal fat and can be three or four times. The transition towards Sustainable Aviation Fuel (SAF) has been identified as one of the key factors in reducing greenhouse gas emissions across the industry. 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. 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. Together, we will make a difference for generations to come.. 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. Now, as travelers return to the sky again, the race is on to accelerate the market for sustainable aviation fuel (SAF). 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.. 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. 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.