We focus on building our fleet to have the longest, most sustainable life possible to make the most of our planets resources. Delta was the No. Delta was the No. 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. Today, there is only enough SAF available on the market to support one day of Deltas operations at pre-pandemic levels. DALLAS, April 22, 2021 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced memoranda of understanding with two leading energy companies, Marathon Petroleum Corporation (NYSE: MPC), and Phillips 66 (NYSE: PSX), intended to facilitate the development and production of commercialized sustainable aviation fuel (SAF). Deloitte is one of Deltas first corporate customers to purchase SAF facilitated by Delta. 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. 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. Delta and DG Fuels, LLC are taking an important step together to expand the availability of sustainable fuel, with a new low-emissions SAF, which is critical to achieving a more sustainable future for aviation. Delta Air Lines and BCD Travel USA LLC have signed the first-ever sustainable aviation fuel (SAF) agreement for a travel management company. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. Read More: https://news.delta.com/deltas-deal-gevo-pushes-saf-goal-forward. The more that join us on this mission, the better.. BCD Travel helps companies make the most of what they spend on travel. This iswhyinvestments,guided by a stronglong-term vision,are so critical. This year will be full of opportunities to reconnect and get back to what we all love most. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. 1 airline named among America's Most Sustainable Companies by Barron's in 2020. MSP, SEA, and SFO clubs are zero-waste, as in 90% landfill diversion. 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. In 2020, we retired more than 200 aircraft and are replacing them with aircraft that are 25 percent more fuel-efficient than the models that are being replaced. The deal is expected to reduce CO2 emissions by 1,000 metric tonnes. 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. Read more:neste.com. Delta will welcome a Chief Sustainability Officer in 2022, continuing its commitment to build a sustainable future for air travel. Delta, American and others around the world have turned to sustainable aviation fuel, or SAF, to get to zero . Read More: https://news.delta.com/delta-launches-flight-net-zero-signs-partnership-cwt. 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. Using sustainable aviation fuel won't significantly reduce greenhouse gas emissions. SAF is our best opportunity today for meaningful reductions in emissions from air travel, but the market needs investment and engagement from all stakeholders. Captured carbon can also be used to create fuels. The collaboration with BCD Travel continues to underscore the significant positive environmental impact that can be achieved through collaboration. Deltas journey toward its sustainability goals will require collaboration and partnerships. It's produced from sustainable feedstocks and is very similar in its chemistry to traditional fossil jet fuel. 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. 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. 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 . Delta has pledged to replace 10% of its jet fuel with SAF by 2030. SeeDeltas sustainabilityglossaryfordefinitions ofsustainabilitytermsand details about Scope 1, 2 and 3 emissions. No one person or company or country alone can make the impact necessary to put our planet on a sustainable track for the future. DTTL (also referred to as Deloitte Global) does not provide services to clients. Learn more here. 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.. In 2021, Delta purchased over 300,000 gallons of SAF, collaborating with its corporate partners to help grow the underdeveloped SAF market. 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 . Subscribeandfollow. Certain services may not be available to attest clients under the rules and regulations of public accounting. 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). Englewood, Colo.-based Gevo had to shut down its Luverne biofuel facility. However, the market remains nascent due to limited supply and high costs. Sustainable aviation fuel (SAF) has been . . Jan. 30, 2023. 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. Deltas holisticenvironmentalsustainability planremains focused on three areas: In 2020, the companyretiredmore than 200 older aircraft. Yet these newer, more efficient aircraft are needed to help the industry become more sustainable and meet net-zero emissions pledges. 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. Read More: https://news.delta.com/delta-spotlights-sustainable-heights-recent-flight. 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. Delta was the No. Delta Air Linesaudaciouscommitment to carbon neutralityfrom March 2020 onwardis coming tofruition withswift impact throughimmediateactionscoupled withlong-term investmentsto combat climate change. Subscribeandfollow. 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. They make this happen in 109 countries with a global client retention rate of 98 percent, the highest in the industry. Read more about Deltas efforts to grow the SAF market on the Delta News Hub. Read More: https://news.delta.com/delta-signs-first-multi-year-saf-agreement-ctm-reaches-collective-purchase-300000-gallons-corporate. They are the worlds leading producer of renewable diesel and sustainable aviation fuel, developing chemical recycling to combat the plastic waste challenge. Delta seekstoengageinvestors, customers and employeesonthis journeytoward zero-impact aviation. 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. Innovations in propulsion, post-combustion emission controls, electric power delivery and fuel cellswouldsubstantiallyaddress emissionsbut are far from commercial aviation applications. DELTA NEWS ON THE GO. Learn more about Sustainable Aviation Fuels. Subscribeandfollow. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Due to those fleet decisions and reduced passenger loads amid COVID-19, Deltasfleet was nearlysixpercent more fuel efficient per available seat mile in 2020 than in 2019, saving 117 million gallons of fuel. This is not acompetition, said Bastian. Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. 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. Neste has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the worlds most sustainable companies. It has received the Vision for America Award by Keep America Beautiful and Captain Planet Foundation's Superhero Corporate Award. 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. Delta is on a journey to decarbonize our industry our Flight to Net Zero but its not a task that happens overnight. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. As Delta invests in future technologies, carbonoffsetsareaviable, proven and immediateway tomake an impacttoday, saidDeltasSue Kolloru, V.P. 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. 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. Read More: https://news.delta.com/delta-announces-new-program-build-more-resilient-transparent-and-effective-supply-chain. The travel management company gives travelers innovative tools that keep them safe and productive, while helping them make good choices on the road. 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. Jet fuel is the No. Collaborations like this, between Delta and Deloitte, further support SAF development and represent the growing demand for innovations in clean fuel technologies. Its a decades-long process requiring collaboration across our business and with other industries. Neither of these come with an easy solution and will take time and resources to drive real impact, which is why we must be transparent about the progress we make.. SAFis an alternative to fossil fuelandcan reduce emissions by up to 80 percent during its full lifecycle. 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. At Delta, however, that isnt something we do on just one day its a mindset that informs every decision we make. "This first-of-its-kind investment for Southwest furthers our efforts to support the commercialization of affordable, lower-carbon SAFon a life-cycle basis compared to conventional jet fuelwhich can help the aviation industry reach its ultimate goal of carbon neutrality by 2050." Read More: https://news.delta.com/delta-joins-drawdown-georgia-business-compact. Delta is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. In addition, the projects promote sustainable livelihoods, conserve critically endangered species, support the preservation of indigenous communities culture and traditions, and maintain the natural resources on which forest communities depend.. Such statements are not guarantees or promised outcomes and should not be construed as such. SAF is a drop . The global aviation industry is a hard-to-abate sector, meaning it is innately difficult to decarbonize. (ICAO, 2021) This partnership significantly increases Deltas access to sustainable aviation fuel while expanding the alternative fuel market. Delta's Commitment to Sustainability Since 2005, Delta has reduced its jet fuel consumption, leading to an 11 percent decrease in emissions as Delta works toward its long-term goal of reducing emissions by 50 percent by 2050. Emirates Operates Milestone Demonstration Flight Powered with Neste MY Sustainable Aviation Fuel, in Partnership with GE Aerospace, Boeing, Honeywell and Virent, to Support 100% SAF Certification. Connecting the world and protecting our environment for future generations cannot be mutually exclusive,said Delta CEO Ed Bastian. One company alone cannot solve this challenge, making partnerships critical. This is just the beginning. . 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. 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. 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. Such statements are notguaranteesor promised outcomes and should not be construed as such. Numerous airlines, aircraft makers and fuel companies are working to create SAFs. 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. To broaden the availability of alternativefuelsand carbon capturetechnology, Deltaaims tobuild coalitions with suppliersand otherindustryparticipantsto drive down the cost and increase the consumption and production ofthesetransformative technologies. 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. Commitment to Transparency 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. Sustainable aviation fuel (SAF) is a carbon-reduction solution that is available for use in aircraft and helicopters operating today. SEATTLE and REDMOND, Wash. Oct. 22, 2020 Microsoft Corp. employees who fly between their global headquarters in Redmond, Washington, and California [] It is a token for associates to reflect on maintainable fuels and their investigation. 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. 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. Delta was the No. 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. Carbon RemovalProjects:Thisrefers tonature-based solutions such asafforestation and reforestation, where additional trees areplantedor areas are restoredin an effort toabsorb additionalcarbon dioxidefrom the atmosphere. With this partnership, we are seeing the entirety of the travel industry invested in creating a sustainable future for aviation, said Deltas Amelia DeLuca, Managing Director Sustainability. Sustainable aviation fuels (SAF) are defined as renewable or waste-derived aviation fuels that meets sustainability criteria 1. The tech, says Velocys, will reduce greenhouse gas emissions by 70% for every metric ton of sustainable jet fuel . While there are manypathsto carbon neutrality,Delta chosetomake an impact today and invest in a future where aviation itselfbecomescleanerfor the world around us.. and Executive Chair of Sustainability. Using SAF results in a reduction in carbon emissions compared to the traditional jet fuel it replaces over the lifecycle of the fuel. More information on Deltas sustainability efforts are available in its 2021 Environmental, Social and Governance Report. Delta aims to be using 10% sustainable aviation fuel by the end of 2030. 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. Anticipated to begin delivery by the end of 2027, DG Fuels is planning to deliver 55 million gallons of SAF annually for seven years. These collaborations may include a variety of initiatives, for . SAF is a critically important lever to reduce the life-cycle carbon emissions from aviation fuel. 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. 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. 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. 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. 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 partnership marks Deltas latest step in integrating its environmental, social and governance goals across its entire business strategy. BCD Group is a market leader in the travel industry. The new agreement reflects Deltas dedication to driving the growth of sustainable fuels as it works toward reducing aviation's carbon emissions over the long term. . 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). The production of DG Fuels SAF is up to 85% lower in lifecycle greenhouse gas emissions versus conventional jet fuel. Other technologies being developed involve turning food. 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. 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. Read More: https://news.delta.com/delta-joins-coalitions-driving-net-zero-future. 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. To do this means more sustainable fuel, better efficiency, and new technology. This agreement represents a conceptual alignment within the travel industry to offset emissions from corporate traveler flights. 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. We are grateful for Deloitte and our corporate customers and partners joining us on this important journey, said Bastian. The newaircraftreplacing those planesare25percent more fuel efficient per seat mile than the aircraft they replace. Some typical feedstocks used are cooking oil and other . Examples includebio-fuelsand synthetic fuels. Sustainable aviation fuel (SAF) - a low-carbon alternative to conventional, petroleum-based jet fuel - is helping the aviation industry lower its carbon footprint. Yep, NWABF, which sounds an awful lot like Porky Pig trying to pronounce "Robert" but actually is Northwest Advanced Bio-Fuels. Dozens of aviation and energy companies - including Delta, American Airlines and BP - recently committed to replace 10% of global jet fuel with SAF by 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. Read More: https://news.delta.com/chevron-delta-air-lines-and-google-announce-intent-measure-sustainable-aviation-fuel-emissions-data. 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. Wemustcontinue totake immediate actions today andcant wait for future solutions to become a reality. Global aviation accounts for about 3% of global greenhouse gas (GHG) emissions and is one of the toughest sectors to . Although these technologies arestill in the early stages ofdevelopmentandarenot expected to enter service anytime soon, Delta isevaluating partnershipstoaccelerate andsupport their advancement. 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. The goal is to power every flight fueled at SEA with at least a 10% blend of sustainable aviation fuel (SAF) by 2028. 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: 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.. 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. We consider how much it will cost to decarbonize aviation as well as regional differences in approach, such as surcharges and subsidies. Your guide to SAF, the low-carbon alternative to conventional jet fuel that's helping to transform the airline industry. Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. 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. We expect our path toward achievement of this ambitious climate goal to include fleet, sustainable aviation fuel, operational improvements and offsets. Dan describes pathways to net zero by 2050, which include emission cuts from sustainable fuels, increased aviation fuel efficiency, carbon pricing, and a few modal shifts.