delta sustainable aviation fuel delta sustainable aviation fuel

Delta is making strides toward its goal of fueling 10% of its operation with sustainable aviation fuel by the end of 2030, signing an agreement with SAF maker Gevo that significantly expands the availability of this nascent technology. DELTA NEWS ON THE GO. 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. Delta is on a journey to decarbonize our industry our Flight to Net Zero but its not a task that happens overnight. Delta is working toward more sustainable aviation by leveraging existing solutions and technologies, investing in the future of Sustainable Aviation Fuel and actively engaging with next-generation solutions. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. NIKE, Inc.andDeloitte, Deltas first and second corporatecustomers to purchaseSAFfacilitated by Delta, aresupportinga future of more sustainable business travel. For more information, visit Delta.com/sustainability. But the industry needs this technology to grow and develop as it is the most meaningful solution to reducing aviation's carbon emissions. This is just the beginning. Delta was the No. This agreement represents a conceptual alignment within the travel industry to offset emissions from corporate traveler flights. 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. This partnership significantly increases Delta's access to sustainable aviation fuel while expanding the alternative fuel market. Deltas goal is to replace 10 percent of its jet fuel refined from fossil fuel with sustainable aviation fuel by the end of 2030. 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. 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. 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. 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. 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. 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 . In the meantime, technologies like direct air capture have the potential to scale. Read More: https://news.delta.com/new-campaign-shines-light-deltas-carbon-neutrality. Read More: https://news.delta.com/delta-spotlights-sustainable-heights-recent-flight. 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. NWABF plans first delivery of the fuel by the end of 2023. They are the worlds leading producer of renewable diesel and sustainable aviation fuel, developing chemical recycling to combat the plastic waste challenge. 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. 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. Increased production will improve the economies of scale for these sustainable fuels, which made up less than 0.1 percent of the 96 . 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. Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. 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. Read More: https://news.delta.com/delta-signs-first-multi-year-saf-agreement-ctm-reaches-collective-purchase-300000-gallons-corporate. 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 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. 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. Using sustainable aviation fuel won't significantly reduce greenhouse gas emissions. Delta seekstoengageinvestors, customers and employeesonthis journeytoward zero-impact aviation. Read More: https://news.delta.com/delta-air-lines-releases-climate-lobbying-report. 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. 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). Right now, there's only enough sustainable aviation fuel on the market to supply one day of Delta's operations. Global aviation accounts for about 3% of global greenhouse gas (GHG) emissions and is one of the toughest sectors to . This partnership significantly increases Deltas access to sustainable aviation fuel while expanding the alternative fuel market. 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.. Using SAF results in a reduction in carbon emissions compared to the traditional jet fuel it replaces over the lifecycle of the fuel. 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. 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.. 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. These handcrafted kits will eliminate five single-use plastic items such as zippers and packaging, reducing plastic use by up to 90,000 pounds on an annual basis. Deltas journey toward its sustainability goals will require collaboration and partnerships. 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. Read More: https://news.delta.com/delta-details-climate-change-fight-global-citizen. 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. DTTL and each of its member firms are legally separate and independent entities. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Uniting across industriestocreate amore sustainablefutureis imperative. It is a "drop-in" fuel blended with up to 50% conventional jet fuel, requiring no aircraft modifications. Neste has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the worlds most sustainable companies. Deltas continued focus on sustainability, especially during a pandemic that has severely impacted its business, speaks volumes, said Joe Ucuzoglu, Deloittes U.S. CEO. 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. This will be achieved primarily through sustainable aviation fuels and new technology . Alongside 30 aviation leaders, Delta and United last week joined Mission Possible Partnership in an initiative that lays out an ambitious pathway for phasing out fossil jet fuel by 2050. 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. 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. Its a decades-long process requiring collaboration across our business and with other industries. Delta was the No. and Executive Chair of Sustainability. Read More: https://news.delta.com/message-skymiles-members-ceo-ed-bastian-innovating-travels-future. 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. "Actions speak louder than words, and we are delighted to . 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. (ICAO, 2021) Deltas journey toward its sustainability goals will require collaboration and partnerships. Subscribeandfollow. Many airlines and fuel companies are investing in SAFs. Read More: https://news.delta.com/delta-announces-new-program-build-more-resilient-transparent-and-effective-supply-chain. The goal is to power every flight fueled at SEA with at least a 10% blend of sustainable aviation fuel (SAF) by 2028. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. We are grateful for Deloitte and our corporate customers and partners joining us on this important journey, said Bastian. 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. Deloitte has entered into an agreement with Delta for the airline to purchase sustainable aviation fuels on the global consultancy's behalf to cover a portion of its business travel, becoming one of the first corporates to do so. More than 50 airlines, oil companies and other companies, including Delta, BP and Boeing, pledged on Wednesday to replace 10% of global jet fuel supply with sustainable aviation fuel (SAF) by 2030. Examples includebio-fuelsand synthetic fuels. Deltas holisticenvironmentalsustainability planremains focused on three areas: In 2020, the companyretiredmore than 200 older aircraft. . Commitment to Transparency Now celebrating 175 years of service, Deloittes network of member firms spans more than 150 countries and territories. Your guide to SAF, the low-carbon alternative to conventional jet fuel that's helping to transform the airline industry. 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. While current events may have drawn the immediate focus away from sustainability efforts, this does not mean that airlines' commitments to biofuel have wavered. Technical analysis done at ICAO shows that SAF has the greatest potential to reduce CO 2 emissions from International Aviation.. ICAO is working to facilitate SAF development and deployment through four main streams: In the short term,Deltaintends to achievecarbonneutralitybydirectlyreducing emissionsthroughfleet and operational efficienciesandaddressingremainingemissions throughcarbon offsetprojectinvestmentsthat maintain,protectandexpand forests. Sustainability is core to who we are, and it is important to our corporate customers for whom air travel is a significant part of their carbon footprint.. 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 joins First Movers Coalition to drive breakthrough technologies and sustainable fuels, A decarbonized future for flight: Delta and Airbus collaborate to pull forward the future of hydrogen fuel, Delta invests in TPG Rise Climate to accelerate innovative climate solutions, 10 ways Delta advanced the more sustainable future of flying in 2022, Delta, DG Fuels partner in pivotal expansion of sustainable fuel market, Delta leaders reflect on accelerating the airlines sustainability goals, Delta, Joby Aviation partner to pioneer home-to-airport transportation to customers. Delta's holistic environmental sustainability plan remains focused on three areas: Carbon reduction and removal Stakeholder engagement Coalition building Carbon reduction and removal In 2020, the company retired more than 200 older aircraft. 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. All of Deltas offset projects are independently audited against leading, third-party standards. 1 airline named among America's Most Sustainable Companies by Barron's in 2020. DELTA NEWS ON THE GO. Sustainable aviation fuel (SAF) has been . Delta Air Lines commits to publicly report on non-CO2e impacts of aviation over its target timeframe. ICAO's "2050 Visualization for Sustainable Fuel" objective agreed upon in 2017. Jan. 26, 2023. Through the agreement, Delta expects to receive roughly 75 million gallons of SAF annually for seven years, anticipated to start mid-2026. It is a token for associates to reflect on maintainable fuels and their investigation. SAF is a drop . This year will be full of opportunities to reconnect and get back to what we all love most. 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. In 2020, Neste's revenue stood at EUR 11.8 billion, with 94 percent of the companys comparable operating profit coming from renewable products. 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. Learn more about Sustainable Aviation Fuels. 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 was the No. 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). 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. 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. Read More: https://news.delta.com/delta-launches-flight-net-zero-signs-partnership-cwt. For more information, visit www.bcdtravel.com. 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. Delta is partnering with universities, foundations, and others to explore circular economy solutions to waste. Read More: https://news.delta.com/delta-joins-coalitions-driving-net-zero-future. The agreement is to initially purchase enough SAF to "represent a. The tech, says Velocys, will reduce greenhouse gas emissions by 70% for every metric ton of sustainable jet fuel . Deltas 2021 Environmental, Social and Governance (ESG) Report, opens in a new window 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. We consider how much it will cost to decarbonize aviation as well as regional differences in approach, such as surcharges and subsidies. These collaborations may include a variety of initiatives, for . Such statements are not guarantees or promised outcomes and should not be construed as such. This partnership significantly increases Deltas access to sustainable aviation fuel while expanding the alternative fuel market. And this EarthDay, we're sharing more aboutour sustainability strategy, hosting a town hall to help educate our people andspotlighting how customersare gettinginvolved. SAF is a cleaner, direct replacement for fossil jet fuel and reduces . 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. 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. 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. Rather than being refined from petroleum, SAF is produced from renewable resources such as waste oils. Delta was the No. The newaircraftreplacing those planesare25percent more fuel efficient per seat mile than the aircraft they replace. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. 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. SAF is blended with conventional jet fuel to reduce overall emissions while meeting FAA regulations. At Delta, however, that isnt something we do on just one day its a mindset that informs every decision we make. Sustainable aviation fuel (SAF) is a carbon-reduction solution that is available for use in aircraft and helicopters operating today. The travel management company gives travelers innovative tools that keep them safe and productive, while helping them make good choices on the road. Subscribe and follow. *Non-CO2e effects which may also contribute to aviation induced warming are not included in this target. Neste MY Sustainable Aviation Fuel is a today solution, commercially available and in use worldwide. And as we grow, we have an obligation to ourselves, our clients and our communities to do so sustainably.. Strategic Corporate Initiatives.