delta sustainable aviation fuel

Subscribeandfollow. However, the market remains nascent due to limited supply and high costs. Yep, NWABF, which sounds an awful lot like Porky Pig trying to pronounce "Robert" but actually is Northwest Advanced Bio-Fuels. 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. 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. 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 goal is to reach 10 percent SAF . 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. NIKE, Inc.andDeloitte, Deltas first and second corporatecustomers to purchaseSAFfacilitated by Delta, aresupportinga future of more sustainable business travel. 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. Scaling up sustainable aviation fuel production to at least 3 billion gallons per year by 2030 by supporting producers . It is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. 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 . 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. 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). Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. 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. Now. Anticipated to begin delivery by the end of 2027, DG Fuels is planning to deliver 55 million gallons of SAF annually for seven years. Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. Delta hasworkedwith leadersinside and outside the aviation sector toshapeitsplansand will announcemultiple partnershipsin the second quarter. 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. 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. Sustainable aviation fuel (SAF) has been . Delta has also earned a spot on the FTSE4Good Index for six consecutive years and theDow Jones Sustainability North America Indexfor ten consecutive years. Subscribeandfollow. At Delta, however, that isnt something we do on just one day its a mindset that informs every decision we make. 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. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. Read More: https://news.delta.com/delta-leaders-reflect-accelerating-airlines-sustainability-goals. 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. 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. All Delta Sky Clubs use eco-friendly packaging for to-go foods. Captured carbon can also be used to create fuels. 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. Beyond aircraft changes, significant investments in infrastructure, likeclean energy andhydrogen fuelgeneration, would also be required for commercially viable solutions. Developing coalitions to bring together leaders across industries is crucial in advancingazero-impact future.. Deltas new brand campaign builds on the commitment first announced in March 2020 to be the first carbon-neutral airline globally. This year will be full of opportunities to reconnect and get back to what we all love most. While there are manypathsto carbon neutrality,Delta chosetomake an impact today and invest in a future where aviation itselfbecomescleanerfor the world around us.. 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. It is a token for associates to reflect on maintainable fuels and their investigation. 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. DTTL and each of its member firms are legally separate and independent entities. Delta and Airbus will collaborate on industry-leading research to accelerate the development of a hydrogen-powered aircraft and the ecosystem it requires. Read More: https://news.delta.com/delta-invests-tpg-rise-climate-accelerate-innovative-climate-solutions. 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. It means investing in our future through direct action now. 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). And this EarthDay, we're sharing more aboutour sustainability strategy, hosting a town hall to help educate our people andspotlighting how customersare gettinginvolved. 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. This partnership significantly increases Delta's access to sustainable aviation fuel while expanding the alternative fuel market. Read More: https://news.delta.com/delta-joins-coalitions-driving-net-zero-future. 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 and BCD Travel USA LLC have signed the first-ever sustainable aviation fuel (SAF) agreement for a travel management company. Now, as travelers return to the sky again, the race is on to accelerate the market for sustainable aviation fuel (SAF). 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. The low-carbon and high . Delta has signed a deal with Deloitte, one of its corporate customers, to purchase Sustainable Aviation Fuel (SAF). To ensure all stakeholders see the results of their engagement, the company is making transparency the cornerstone of its approachwhich it intends todemonstratethroughbest-in-class reporting, collaboration across industries and fund management. Sustainable aviation fuel is produced from biofeedstocks that can reduce lifecycle carbon intensity significantly when compared to conventional jet fuel. We consider how much it will cost to decarbonize aviation as well as regional differences in approach, such as surcharges and subsidies. For more information, visit Delta.com/sustainability. Read More: https://news.delta.com/delta-joins-drawdown-georgia-business-compact. 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. 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. 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. Delta hasexecutedindustry-leadingSAFagreements with corporate customers totake collective action for the greater good of our planet. Examples includebio-fuelsand synthetic fuels. Deloitte is proud to be part of the largest global professional services network serving its clients in the markets that are most important to them. 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. 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. 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. 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. 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. Read More: https://news.delta.com/delta-air-lines-releases-climate-lobbying-report. 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. 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. 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. SeeDeltas sustainabilityglossaryfordefinitions ofsustainabilitytermsand details about Scope 1, 2 and 3 emissions. Delta Air Lines has signed an agreement with hydrogen and biogenic-based fuel developer DG Fuels for up to 385 million unblended gallons of a new low-emissions sustainable aviation fuel (SAF). Read More: https://news.delta.com/deltas-esg-report-powering-purpose-driven-goals-be-catalyst-change. 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. 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. 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. These clubs recycle, compost, and provide eco-friendly food service items. 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.. 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. . 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. SAF is blended with conventional jet fuel to reduce overall emissions while meeting FAA regulations. Deliveries are expected to begin at the end of 2027. The newaircraftreplacing those planesare25percent more fuel efficient per seat mile than the aircraft they replace. Delta is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. Hear from three Delta leaders about why this journey matters, what were doing now and where were headed. Delta has also earned a spot on the FTSE4Good Index forsixconsecutive years and theDow Jones Sustainability North America Indexfortenconsecutive years. 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. Challenges of Sustainable Aviation Fuels. 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. Wemustcontinue totake immediate actions today andcant wait for future solutions to become a reality. 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.. For the first time, sustainable aviation fuel is delivered to Deltas LaGuardia hub, using an existing petroleum pipeline. 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. Fuel Sustainability in Aviation ICAO itself administers a database for the sharing of information on sustainable fuels and the organization of workshops and seminars. 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. Delta is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. Delta has even started executing industry-leading. While these technologies are nascent and very expensive today,Deltabelievesthey have great future potential andarethefirst stepstowards zero-impact aviation. Here's what to know about SAF and why it's key to . 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. DELTA NEWS ON THE GO. This is not acompetition, said Bastian. SEATTLE and REDMOND, Wash. Oct. 22, 2020 Microsoft Corp. employees who fly between their global headquarters in Redmond, Washington, and California [] Sustainable aviation fuels (SAF) are defined as renewable or waste-derived aviation fuels that meets sustainability criteria 1. Pamela Fletcher will join Delta as Senior Vice President and Chief Sustainability Officer and will join the Delta Leadership Committee as the airline industrys only C-Suite level CSO, CEO Ed Bastian said in a letter to employees. 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. January 30, 2020 | Jim Lane. For more information, visit Delta.com/sustainability. While current events may have drawn the immediate focus away from sustainability efforts, this does not mean that airlines' commitments to biofuel have wavered. The global aviation industry is a hard-to-abate sector, meaning it is innately difficult to decarbonize. Deltas journey toward its sustainability goals will require collaboration and partnerships. Other enhancements to our onboard offerings include bedding made from 100% recycled plastic bottles, reusable and biodegradable service ware and premium canned wine. Please see www.deloitte.com/aboutto learn more about our global network of member firms. 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. 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. 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. Deltas holisticenvironmentalsustainability planremains focused on three areas: In 2020, the companyretiredmore than 200 older aircraft. 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.. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. 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. 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. It was the only U.S. airline included in the 2021 S&P Global Sustainability Yearbook. 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. 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. (ICAO, 2021) Global aviation accounts for about 3% of global greenhouse gas (GHG) emissions and is one of the toughest sectors to . 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. 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. Commitment to Transparency Read More: https://news.delta.com/delta-spotlights-sustainable-heights-recent-flight.

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