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. Such statements are notguaranteesor promised outcomes and should not be construed as such. 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. 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. The . Deltasgoal is to have an offset portfolio that includes: CarbonAvoidanceProjects:Deforestation contributes 10to 15 percentof carbon emissions globally. The tech, says Velocys, will reduce greenhouse gas emissions by 70% for every metric ton of sustainable jet fuel . The 2020 ESG Report is a snapshot of Deltas environmental, social and governance progress covering the period from January 1 to December 31 and takes a detailed look at important areas like health and safety, climate change, and human capital management, including diversity, equity and inclusion, as well as the governance framework we have in place with respect to each of them. Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. Global aviation accounts for about 3% of global greenhouse gas (GHG) emissions and is one of the toughest sectors to . DELTA NEWS ON THE GO. Read More: https://news.delta.com/delta-air-lines-releases-climate-lobbying-report. 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. 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. 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. Sustainable aviation fuels (SAF) are defined as renewable or waste-derived aviation fuels that meets sustainability criteria 1. Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Other technologies being developed involve turning food. Thatis equal to the emissions from annual electricity consumption of almost 200,000 households,orroughlyallhouseholds in the city ofAtlanta. All of Deltas offset projects are independently audited against leading, third-party standards. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. While there are manypathsto carbon neutrality,Delta chosetomake an impact today and invest in a future where aviation itselfbecomescleanerfor the world around us.. 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. 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. (ICAO, 2021) Department of Energy Honors 12 From NREL. The market is so underdeveloped that allSAFproduced in 2020 would only power Deltas fleet for one daypre-COVID. . These clubs recycle, compost, and provide eco-friendly food service items. January 30, 2020 | Jim Lane. Flight to Net Zero encompasses Deltas climate leadership through its carbon neutrality goal. 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. 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. Hear from three Delta leaders about why this journey matters, what were doing now and where were headed. DG Fuels is committed to developing and supporting initiatives that provide practical and sustainable benefits to businesses, the environment and local communities, said Michael C. Darcy, Chief Executive Officer of DG Fuels. Delta also plans to replace 10 percent of its fossil fuel-based jet fuel with sustainable aviation fuel by 2030that will require purchasing 70 million gallons of sustainable aviation fuel per year. 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. Its part of our mission as a company to help people and companies travel smart and achieve more. Delta is the first U.S. airline to partner with EcoVadis, a provider of business sustainability ratings. Read More: https://news.delta.com/delta-joins-drawdown-georgia-business-compact. 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. 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. Such statements are not guarantees or promised outcomes and should not be construed as such. 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. 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Subscribeandfollow. 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. DELTA NEWS ON THE GO. 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. 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. Read More: https://news.delta.com/delta-announces-new-program-build-more-resilient-transparent-and-effective-supply-chain. spotlighting how customersare gettinginvolved. Delta Air Linesaudaciouscommitment to carbon neutralityfrom March 2020 onwardis coming tofruition withswift impact throughimmediateactionscoupled withlong-term investmentsto combat climate change. The goal is to power every flight fueled at SEA with at least a 10% blend of sustainable aviation fuel (SAF) by 2028. Delta hasexecutedindustry-leadingSAFagreements with corporate customers totake collective action for the greater good of our planet. 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. Other enhancements to our onboard offerings include bedding made from 100% recycled plastic bottles, reusable and biodegradable service ware and premium canned wine. 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. 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. 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. In 2021, Delta purchased over 300,000 gallons of SAF, collaborating with its corporate partners to help grow the underdeveloped SAF market. 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. 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. Deltas journey toward its sustainability goals will require collaboration and partnerships. Americas Most Sustainable Companies by Barrons, Dow Jones Sustainability North America Index, No one better connects the sky': Delta returns to CES, Delta invests in TPG Rise Climate to accelerate innovative climate solutions, Deltas deal with Gevo pushes SAF goal forward, 10 ways Delta advanced the more sustainable future of flying in 2022, Delta CEO Ed Bastian invites business leaders to join OneTen coalition. 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. Dan describes a way to integrate the . Yet these newer, more efficient aircraft are needed to help the industry become more sustainable and meet net-zero emissions pledges. 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. 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. 2022 is shaping up to be a pivotal year for our world, and that includes Delta and you. Yep, NWABF, which sounds an awful lot like Porky Pig trying to pronounce "Robert" but actually is Northwest Advanced Bio-Fuels. It was the only U.S. airline included in the 2021 S&P Global Sustainability Yearbook. "When Delta committed to being carbon neutral, we also committed to continued. These collaborations may include a variety of initiatives, for . Hear from three Delta leaders about why this journey matters, what were doing now and where were headed. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. 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. 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. Delta is a known innovator in the airline industry so were excited to work with them on implementing this long-term partnership.. and Executive Chair of Sustainability. The agreement is to initially purchase enough SAF to "represent a. Sustainable aviation fuel accounts for much less than 1% of global aviation fuel. As Delta works to solve its largest impact on the environmentcarbon dioxide emissionsitplans toinvest ininnovativesolutions, likecarbon capture and storage andsustainable aviation fuels(SAF). Travel management companies, especially those as globally focused as BCD Travel, are noting the importance of traveling sustainably. Anticipated to begin delivery by the end of 2027, DG Fuels is planning to deliver 55 million gallons of SAF annually for seven years. 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. 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-joins-coalitions-driving-net-zero-future. Read more about Deltas efforts to grow the SAF market on the Delta News Hub. Learn how Deloittes more than 330,000 people worldwide connect for impact at www.deloitte.com. Delta has pledged to replace 10% of its jet fuel with SAF by 2030. 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. It is a token for associates to reflect on maintainable fuels and their investigation. Sustainable aviation fuels provide significant environmental benefits because the lifecycle carbon footprint can be up to 75 percent less than conventional jet fuel. 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. DTTL (also referred to as Deloitte Global) does not provide services to clients. 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. Through the agreement, Delta expects to receive roughly 75 million gallons of SAF annually for seven years, anticipated to start mid-2026. This partnership significantly increases Deltas access to sustainable aviation fuel while expanding the alternative fuel market. 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. This is just the beginning. Using sustainable aviation fuel won't significantly reduce greenhouse gas emissions. DELTA NEWS ON THE GO. Read More: https://news.delta.com/delta-invests-tpg-rise-climate-accelerate-innovative-climate-solutions. 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. "While Delta continues to take actions toward our long-term goal of reducing carbon . 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. 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 . 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. Sustainable aviation fuel is made from feedstocks such as used cooking oil and animal fat and can be three or four times. 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. 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. SAF is existing technology that is crucial for the industry to achieve its net-zero goals said Pam Fletcher, Deltas Chief Sustainability Officer. Delta Air Lines secured deals with three sustainable aviation fuel producers and set a target of replacing 10 percent of jet fuel use with sustainable aviation fuels by 2030. Deltas thoughtful approach to understanding the research ecosystem will help support research and development for the industry, saidSteven Barrett,Head of MITs Laboratory for Aviation and the Environment. Delta has signed a commitment letter to work with the Science Based Target initiative (SBTi) to set a science-based emissions intensity improvement target using the organizations recently released criteria and guidance for the aviation sector. Captured carbon can also be used to create fuels. Read More: https://news.delta.com/chevron-delta-air-lines-and-google-announce-intent-measure-sustainable-aviation-fuel-emissions-data. The blended sustainable aviation fuel is expected to be available for use by Delta starting in 2024. 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional 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. Deliveries are expected to begin at the end of 2027. 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. 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. SAF stands for sustainable aviation fuel. Delta was the No. The transition towards Sustainable Aviation Fuel (SAF) has been identified as one of the key factors in reducing greenhouse gas emissions across the industry. 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. The low-carbon and high . Although these technologies arestill in the early stages ofdevelopmentandarenot expected to enter service anytime soon, Delta isevaluating partnershipstoaccelerate andsupport their advancement. Delta will welcome a Chief Sustainability Officer in 2022, continuing its commitment to build a sustainable future for air travel. Achieving thisambitiousgoalwill requiresignificant capital investment, support from government partners, research and development frommanufacturersand evolution of some of theworlds largest industries. 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. 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. 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. 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.