Jan. 26, 2023. It means investing in our future through direct action now. Subscribe and follow. We must work together toward a more sustainable, healthy future. Right now, there's only enough sustainable aviation fuel on the market to supply one day of Delta's operations. The newer aircraft burn 15% to 20% less fuel than the aircraft . Delta has also earned a spot on the FTSE4Good Index for six consecutive years and theDow Jones Sustainability North America Indexfor ten consecutive years. 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. 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. It was the only U.S. airline included in the 2021 S&P Global Sustainability Yearbook. On behalf of the entire team at Gevo, I want to congratulate our partners at Delta for their leadership in continuously pushing the aviation industry towards net-zero emissions. Delta was the No. 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. 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. Learn how Deloittes more than 330,000 people worldwide connect for impact at www.deloitte.com. Delta is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. 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. 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. 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. Neste Corporation, Press Release, 13 August, 2020 at 5:01 p.m. (EET) Neste, the world's largest producer of renewable diesel and sustainable aviation fuel (SAF) produced from waste and residue raw materials, is supplying Alaska Airlines, American Airlines and JetBlue Airways with sustainable aviation fuel for flights from San Francisco International Airport (SFO). BCD Travel helps companies make the most of what they spend on travel. *Non-CO2e effects which may also contribute to aviation induced warming are not included in this target. All of Deltas offset projects are independently audited against leading, third-party standards. CarbonReductionProjects:Investing inconvertingfromemissions-intensiveenergy sources,like coal,to sources like wind and solar serves as a foundation forreducing emissions. 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. It's produced from sustainable feedstocks and is very similar in its chemistry to traditional fossil jet fuel. Certain services may not be available to attest clients under the rules and regulations of public accounting. We estimate that SAF could contribute around 65% of the reduction in emissions needed by . 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.. 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. 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. And this EarthDay, we're sharing more aboutour sustainability strategy, hosting a town hall to help educate our people andspotlighting how customersare gettinginvolved. 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. Delta Air Linesaudaciouscommitment to carbon neutralityfrom March 2020 onwardis coming tofruition withswift impact throughimmediateactionscoupled withlong-term investmentsto combat climate change. 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. Travelersshould not have to choose between seeing the world and saving the world. Wemustcontinue totake immediate actions today andcant wait for future solutions to become a reality. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. Flight to Net Zero encompasses Deltas climate leadership through its carbon neutrality goal. The production of DG Fuels SAF is up to 85% lower in lifecycle greenhouse gas emissions versus conventional jet fuel. Deltas goal is to replace 10 percent of its jet fuel refined from fossil fuel with sustainable aviation fuel by the end of 2030. 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. 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. 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. SAF is a cleaner, direct replacement for fossil jet fuel and reduces . 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.. Sustainable Aviation Fuels The Port of Seattle became the first United States airport operator to set a specific timetable and goals for transitioning all airlines at SEA to commercially competitive sustainable aviation fuels. Sustainable aviation fuels (SAF) are defined as renewable or waste-derived aviation fuels that meets sustainability criteria 1. This iswhyinvestments,guided by a stronglong-term vision,are so critical. 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. Read More: https://news.delta.com/decarbonized-future-flight-delta-and-airbus-collaborate-pull-forward-future-hydrogen-fuel. Neste has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the worlds most sustainable companies. . Technological innovation, partnerships and coalitions will be required to help us achieve this goal. Commitment to Transparency "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." 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 . The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. Learn more here. Jet fuel is the No. 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 . 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. 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. 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. Although these technologies arestill in the early stages ofdevelopmentandarenot expected to enter service anytime soon, Delta isevaluating partnershipstoaccelerate andsupport their advancement. Delta was the No. In the year since Delta announced its $1 billion commitment to carbon neutrality from March 2020 onward, the company remains focused on carbon reduction and removal and stakeholder engagement in an effort to ensure its operations are more sustainable. BCD Group is a market leader in the travel industry. Delta's more than 75,000 employees believe our customers should not have to choose between seeing the world and saving the planet. 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. Delta is on a journey to decarbonize our industry our Flight to Net Zero but its not a task that happens overnight. 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.