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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. Learn more about Sustainable Aviation Fuels. Read More: https://news.delta.com/update-our-path-net-zero. 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 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.. Our goal is to decarbonize aviation. Strategic Corporate Initiatives. 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. 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. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. The low-carbon and high . Delta will welcome a Chief Sustainability Officer in 2022, continuing its commitment to build a sustainable future for air travel. 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.. Deltas holisticenvironmentalsustainability planremains focused on three areas: In 2020, the companyretiredmore than 200 older aircraft. Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. NWABF plans first delivery of the fuel by the end of 2023. It was the only U.S. airline included in the 2021 S&P Global Sustainability Yearbook. Read More: https://news.delta.com/new-campaign-shines-light-deltas-carbon-neutrality. They make this happen in 109 countries with a global client retention rate of 98 percent, the highest in the industry. As Delta invests in future technologies, carbonoffsetsareaviable, proven and immediateway tomake an impacttoday, saidDeltasSue Kolloru, V.P. These collaborations may include a variety of initiatives, for . Delta was the No. For more information, visit www.bcdgroup.com. Read More: https://news.delta.com/delta-details-climate-change-fight-global-citizen. Delta was the No. 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. 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. Deltas continued focus on sustainability, especially during a pandemic that has severely impacted its business, speaks volumes, said Joe Ucuzoglu, Deloittes U.S. CEO. The agreement is to initially purchase enough SAF to "represent a. Now. 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. 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. 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. It means investing in our future through direct action now. 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. Such statements are not guarantees or promised outcomes and should not be construed as such. 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). The collaboration with Deloitte represents one of the first of what the airline hopes will be many significant achievements for both areas. This partnership significantly increases Deltas access to sustainable aviation fuel while expanding the alternative fuel market. As one of the largest travel management agencies in the world, we are responsible for helping pave the way for the next generation of travel that helps improve the communities in which we live and work, said BCDs Kathy Jackson, V.P. 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. 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. 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. Subscribe and follow. Delta aims to be using 10% sustainable aviation fuel by the end of 2030. Read More: https://news.delta.com/message-skymiles-members-ceo-ed-bastian-innovating-travels-future. 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. 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. 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. . 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. SAF is blended with conventional jet fuel to reduce overall emissions while meeting FAA regulations. 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. Delta has even started executing industry-leading sustainable fuel agreements with corporate customers to support a future of more sustainable business travel. 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. 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. Read More: https://news.delta.com/delta-announces-new-program-build-more-resilient-transparent-and-effective-supply-chain. For more information, visit www.bcdtravel.com. 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. Anticipated to begin delivery by the end of 2027, DG Fuels is planning to deliver 55 million gallons of SAF annually for seven years. Read more about Deltas efforts to grow the SAF market on the Delta News Hub. The goal is to reach 10 percent SAF . Read More: https://news.delta.com/delta-joins-drawdown-georgia-business-compact. At Delta, however, that isnt something we do on just one day its a mindset that informs every decision we make. 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. Delta is accelerating its efforts to build a more sustainable and people-first future. Department of Energy Honors 12 From NREL. Although these technologies arestill in the early stages ofdevelopmentandarenot expected to enter service anytime soon, Delta isevaluating partnershipstoaccelerate andsupport their advancement. 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. 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. SAFand other advanced technologies are not available on a large enough scale to meet todaysindustry demands. . 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. 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. 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. Carbon RemovalProjects:Thisrefers tonature-based solutions such asafforestation and reforestation, where additional trees areplantedor areas are restoredin an effort toabsorb additionalcarbon dioxidefrom the atmosphere. SAF is a drop . 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. 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. Delta Air Lines and BCD Travel USA LLC have signed the first-ever sustainable aviation fuel (SAF) agreement for a travel management company. 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. 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. Now, as travelers return to the sky again, the race is on to accelerate the market for sustainable aviation fuel (SAF). Airlines KLM, Easyjet, Delta, Tui and Corenden say the plans are in breach of EU and international law. 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. 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. That is equaltothecarbonsequesteredby17 millionacresof U.S. forests in one year,enough tocoverthe state ofWest Virginia. Founded in 1911 by a vote of the people as a special-purpose government, the Port of Seattle's mission is to promote economic opportunities and quality of life in the region by advancing trade, travel, commerce, and job creation in an equitable, accountable, and environmentally responsible manner. 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). 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.
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