This partnership is the first multi-year SAF commitment for Delta and builds on the growing list of travel management companies and corporate partners that share in Deltas commitment to bolster the future of sustainable air travel. 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. The goal is to reach 10 percent SAF . 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. 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. fact: Chevron's outlook is that SAF is expected to be the favored option for carbon reduction in jet fuel. 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. Read More: https://news.delta.com/new-campaign-shines-light-deltas-carbon-neutrality. 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). 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. 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. SAFand other advanced technologies are not available on a large enough scale to meet todaysindustry demands. 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. 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. Delta is the first U.S. airline to partner with EcoVadis, a provider of business sustainability ratings. Now in Delta One, you will find artisan-made amenity kits from Certified B Corporation apparel brand Someone Somewhere, opens in a new window. From Washington state and from Georgia news arrives that Delta entered into one of the largest airline offtake agreements of its kind to purchase sustainable aviation fuel from NWABF. Read More: https://news.delta.com/delta-launches-flight-net-zero-signs-partnership-cwt. 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. It is a token for associates to reflect on maintainable fuels and their investigation. Such statements are not guarantees or promised outcomes and should not be construed as such. 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. Delta aims to be using 10% sustainable aviation fuel by the end of 2030. 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. Sustainable aviation fuel is produced from biofeedstocks that can reduce lifecycle carbon intensity significantly when compared to conventional jet fuel. Since 2007, weve recycled more than 3 million pounds of aluminum onboard and, with the rebates, have funded. 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. 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. Sustainable aviation fuel is made from feedstocks such as used cooking oil and animal fat and can be three or four times. 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. January 30, 2020 | Jim Lane. 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. We expect our path toward achievement of this ambitious climate goal to include fleet, sustainable aviation fuel, operational improvements and offsets. 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 . 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. 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. SAF is blended with conventional jet fuel to reduce overall emissions while meeting FAA regulations. This is not acompetition, said Bastian. Other technologies being developed involve turning food. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Delta Air Lines and BCD Travel USA LLC have signed the first-ever sustainable aviation fuel (SAF) agreement for a travel management company. In the near-term, Deltawill invest in verifiedcarbon offsets to achieve carbon neutralityand ensure forests aremaintained,protectedand expanded. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. 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. In its pure form, it can reduce life cycle carbon emissions up to 80 percent compared to petroleum-based jet fuel and is a key component in Deltas commitment to becoming carbon neutral. 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. 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. 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. Its a decades-long process requiring collaboration across our business and with other industries. This collaboration with Deloitte is one example of how companies can work together to meet goals we are equally passionate about, said Delta CEO Ed Bastian. Certain services may not be available to attest clients under the rules and regulations of public accounting. 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.. of waste annually. This partnership is the first multi-year SAF commitment for Delta and builds on the growing list of travel management companies and corporate partners that share in Deltas commitment to bolster the future of sustainable air travel. 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. Read More: https://news.delta.com/delta-commits-set-science-based-target-align-paris-agreement. 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. This iswhyinvestments,guided by a stronglong-term vision,are so critical. DELTA NEWS ON THE GO. For more information, visit Delta.com/sustainability. Delta has also earned a spot on the FTSE4Good Index forsixconsecutive years and theDow Jones Sustainability North America Indexfortenconsecutive years. Read more about Deltas efforts to grow the SAF market on the Delta News Hub. Read More: https://news.delta.com/earth-month-how-delta-doing-our-part-sustainable-future. 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. Minneapolis, 3 June, 2021: CWT, the Business-to-Business-for-Employees (B2B4E) travel management platform, today announces its partnership with Delta Air Lines on an agreement to purchase enough sustainable aviation fuel (SAF) to cover the projected fuel usage from all of CWT's travelers on Delta on 5 June, World Environment Day. 2022 is shaping up to be a pivotal year for our world, and that includes Delta and you. Anticipated to begin delivery by the end of 2027, DG Fuels is planning to deliver 55 million gallons of SAF annually for seven years. Delta Air Lines has agreed to buy 250 million gallons of sustainable fuel as part of a 10-year deal estimated to be worth over $1 billion. . Collaborations like this, between Delta and Deloitte, further support SAF development and represent the growing demand for innovations in clean fuel technologies. Yet these newer, more efficient aircraft are needed to help the industry become more sustainable and meet net-zero emissions pledges. . 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. 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. 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. It has received the Vision for America Award by Keep America Beautiful and Captain Planet Foundation's Superhero Corporate Award. It can leverage existing technology and infrastructure, such as fuel delivery pipelines, and work with current fleet models. 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. 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. 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. They make this happen in 109 countries with a global client retention rate of 98 percent, the highest in the industry. 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. Together, we will make a difference for generations to come.. As part of our commitment to reducing carbon emissions as part of World Climate, Deloitte has entered into sustainable aviation fuel (SAF) agreements with several US airlinesAmerican Airlines, Delta Air Lines and United Airlineswhich will cover a portion of Deloitte's business travel. 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. 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). 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. 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. Englewood, Colo.-based Gevo had to shut down its Luverne biofuel facility. 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. We are grateful for Deloitte and our corporate customers and partners joining us on this important journey, said Bastian. Delta has even started executing industry-leading. Delta was the No. 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 seekstoengageinvestors, customers and employeesonthis journeytoward zero-impact aviation. 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. 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. They are the worlds leading producer of renewable diesel and sustainable aviation fuel, developing chemical recycling to combat the plastic waste challenge. 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. 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. Subscribeandfollow. At Delta, however, that isnt something we do on just one day its a mindset that informs every decision we make. . 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. Neste MY Sustainable Aviation Fuel is a today solution, commercially available and in use worldwide. 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. 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. Travelersshould not have to choose between seeing the world and saving the world. SAF is essential to our industrys more sustainable future, and new supply chain streams will help ensure sustainable fuel becomes more available and affordable.. Challenges of Sustainable Aviation Fuels. Delta was the No. Fuel Sustainability in Aviation ICAO itself administers a database for the sharing of information on sustainable fuels and the organization of workshops and seminars. However, the market remains nascent due to limited supply and high costs. This program will help cargo customers reduce their environmental footprint and create a more sustainable future. Subscribeandfollow. SAFis an alternative to fossil fuelandcan reduce emissions by up to 80 percent during its full lifecycle. Delta was the No. Scaling up sustainable aviation fuel production to at least 3 billion gallons per year by 2030 by supporting producers . The companyhasagreedto purchasea future supply of70 million gallons of sustainable aviation fuel per year. 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.. 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. 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. 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. ICAO's "2050 Visualization for Sustainable Fuel" objective agreed upon in 2017. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Its part of our mission as a company to help people and companies travel smart and achieve more. Delta was the No. These Delta investments provide the necessary financial stabilityforprojects to protect forests and their vast capacity to store carbon the original technology provided by nature, saidGeraldProlman, CEO of Everland LLC. 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. Delta has even started executing industry-leading sustainable fuel agreements with corporate customers to support a future of more sustainable business travel. 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. To achieve the Sustainable Aviation Fuel (SAF) Grand Challenge 2030 and 2050 goals, the U.S. Department of Transportation, the U.S. Department of Agriculture, and other federal government agencies have partnered with the Department of Energy to develop a comprehensive strategy for scaling up new technologies to produce SAF on a commercial scale. This partnership significantly increases Deltas access to sustainable aviation fuel while expanding the alternative fuel market. 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. 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 . "Actions speak louder than words, and we are delighted to . These projectsprevent deforestation toensure that some of the worlds largest forests remainintactand continue to absorb and store carbon dioxide. It was the only U.S. airline included in the 2021 S&P Global Sustainability Yearbook. Our goal is to decarbonize aviation. Emissions reduction, sustainable fuel & innovation. 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. 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. Flight to Net Zero encompasses Deltas climate leadership through its carbon neutrality goal. Although these technologies arestill in the early stages ofdevelopmentandarenot expected to enter service anytime soon, Delta isevaluating partnershipstoaccelerate andsupport their advancement. 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.

Did Jeff Seager Play Baseball, Department Of Treasury Fiscal Service Check, Kitchen Sink Ice Cream Challenge Man Vs Food, How To Set Cursor Position In Textbox In Angular, Religious Jokes For Easter, Articles D