Pleaseseewww.deloitte.com/us/aboutfor a detailed description ofDeloitteslegal structure. 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. 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. 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. 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. The newer aircraft burn 15% to 20% less fuel than the aircraft . The sustainable aviation fuel is expected to be produced upon completion of an expansion to Gevo's existing advanced biofuel production facility in Luverne, Minn. and is expected . Read More: https://news.delta.com/deltas-esg-report-powering-purpose-driven-goals-be-catalyst-change. Deliveries are expected to begin at the end of 2027. Through this and other partnerships, Delta advocates for policy support and market incentives that will catalyze the burgeoning SAF industry, such as a feedstock and tech-neutral SAF-specific Blenders Tax Credit coupled with a robust SAF grant program. Rather than being refined from petroleum, SAF is produced from renewable resources such as waste oils. Read More: https://news.delta.com/always-climbing-2021-esg-report-highlights-deltas-accelerated-progress-toward-people-centric-future. Innovations in propulsion, post-combustion emission controls, electric power delivery and fuel cellswouldsubstantiallyaddress emissionsbut are far from commercial aviation applications. 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). 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. 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. 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. Delta's more than 75,000 employees believe our customers should not have to choose between seeing the world and saving the planet. 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. Fuel Sustainability in Aviation ICAO itself administers a database for the sharing of information on sustainable fuels and the organization of workshops and seminars. 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. Read More: https://news.delta.com/delta-announces-new-program-build-more-resilient-transparent-and-effective-supply-chain. The more that join us on this mission, the better.. Sustainable aviation fuels provide significant environmental benefits because the lifecycle carbon footprint can be up to 75 percent less than conventional jet fuel. 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. But the industry needs this technology to grow and develop as it is the most meaningful solution to reducing aviation's carbon emissions. Some typical feedstocks used are cooking oil and other . Airlines for America (A4A), an industry trade group that includes United Airlines, Southwest, Delta, American, and others, announced a 2030 goal of producing and deploying 2 billion gallons of. 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. Deltas holisticenvironmentalsustainability planremains focused on three areas: In 2020, the companyretiredmore than 200 older aircraft. 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. 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. The production of DG Fuels SAF is up to 85% lower in lifecycle greenhouse gas emissions versus conventional jet fuel. 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. 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.. In the near-term, Deltawill invest in verifiedcarbon offsets to achieve carbon neutralityand ensure forests aremaintained,protectedand expanded. SAF is a drop . 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). Strategic Corporate Initiatives. 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 . Subscribe and follow. 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. Read More: https://news.delta.com/delta-joins-drawdown-georgia-business-compact. This partnership significantly increases Deltas access to sustainable aviation fuel while expanding the alternative fuel market. The . This year will be full of opportunities to reconnect and get back to what we all love most. Now celebrating 175 years of service, Deloittes network of member firms spans more than 150 countries and territories. All forward-looking statements involvea number ofrisks 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. First approved for commercial aviation use in 2011 (when blended with petroleum jet fuel), SAF is much more expensive than fossil-based fuel, costing generally at least four or five times more than conventional jet fuel.. 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. Deltawill investin the acceleration ofthree promising advancementscriticaltoa cleaner future of commercial aviation. 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. They are the worlds leading producer of renewable diesel and sustainable aviation fuel, developing chemical recycling to combat the plastic waste challenge. We consider how much it will cost to decarbonize aviation as well as regional differences in approach, such as surcharges and subsidies. Two projectsin Deltasoffsetportfolio areRimbaRaya and Keo Seima,which protect forests through a community-driven conservation model involving local communities in Indonesia and Cambodia. Here's what to know about SAF and why it's key to . Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Once taking delivery of the SAF, Delta will be able to offer sustainable air travel solutions to Deloitte and other corporate customers. 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. Right now, there's only enough sustainable aviation fuel on the market to supply one day of Delta's operations. 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. . 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. The market is so underdeveloped that allSAFproduced in 2020 would only power Deltas fleet for one daypre-COVID. 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. In SAF and other emerging technologies, Delta is also partnering with corporate, agency and cargo customers on SAF agreements to encourage the growth of the alternative fuels markets. Electric Aviation Is Arriving, and Cybersecurity Is High Priority. In the meantime, technologies like direct air capture have the potential to scale. 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. This program will help cargo customers reduce their environmental footprint and create a more sustainable future. Delta aims to be using 10% sustainable aviation fuel by the end of 2030. 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. "When Delta committed to being carbon neutral, we also committed to continued. Deltas continued focus on sustainability, especially during a pandemic that has severely impacted its business, speaks volumes, said Joe Ucuzoglu, Deloittes U.S. CEO. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Although these technologies arestill in the early stages ofdevelopmentandarenot expected to enter service anytime soon, Delta isevaluating partnershipstoaccelerate andsupport their advancement. 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 is accelerating its efforts to build a more sustainable and people-first future. Many airlines and fuel companies are investing in SAFs. Delta hasworkedwith leadersinside and outside the aviation sector toshapeitsplansand will announcemultiple partnershipsin the second quarter. 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 production creates good-paying jobs in manufacturing, improves the environmental quality for all, and fosters rural economic opportunity for feedstocks and pathways, said Patrick R. Gruber, Ph.D, Gevos Chief Executive Officer. 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. 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. And this EarthDay, we're sharing more aboutour sustainability strategy, hosting a town hall to help educate our people andspotlighting how customersare gettinginvolved. 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. No one person or company or country alone can make the impact necessary to put our planet on a sustainable track for the future. 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. It is a "drop-in" fuel blended with up to 50% conventional jet fuel, requiring no aircraft modifications. 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. Using sustainable aviation fuel won't significantly reduce greenhouse gas emissions. Today, there is only enough SAF available on the market to support one day of Deltas operations at pre-pandemic levels. The transition towards Sustainable Aviation Fuel (SAF) has been identified as one of the key factors in reducing greenhouse gas emissions across the industry. Delta was the No. 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: Delta has also earned a spot on the FTSE4Good Index for six consecutive years and theDow Jones Sustainability North America Indexfor ten consecutive years. This agreement represents a conceptual alignment within the travel industry to offset emissions from corporate traveler flights. 1 contributor to Deltas carbon footprint and the chief focus of our efforts to reduce our emissions and manage our environmental impact. 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. Read More: https://news.delta.com/new-campaign-shines-light-deltas-carbon-neutrality. Delta is a known innovator in the airline industry so were excited to work with them on implementing this long-term partnership.. For more information, visit www.bcdgroup.com. The launch of Deltas inaugural ESG Report is a pivotal moment in the companys commitment to being purpose-driven and highlights its intention to be a catalyst for global change, from its Board of Directors to its front-line employees. Delta, American and others around the world have turned to sustainable aviation fuel, or SAF, to get to zero . Sustainable aviation fuel accounts for much less than 1% of global aviation fuel. spotlighting how customersare gettinginvolved. All of Deltas offset projects are independently audited against leading, third-party standards. They make this happen in 109 countries with a global client retention rate of 98 percent, the highest in the industry. Deltas journey toward its sustainability goals will require collaboration and partnerships. 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.