Such statements are not guarantees or promised outcomes and should not be construed as such. This is just the beginning. Flight to Net Zero encompasses Deltas climate leadership through its carbon neutrality goal. 1 airline named amongAmericas Most Sustainable Companies by Barronsin 2020, the only U.S. airline included in the 2021 S&P Sustainability Yearbook and has received theVision for AmericaAward by Keep America Beautiful and Captain Planet Foundation'sSuperhero Corporate Award. Our offsetprojectsare making ameasurableand meaningfuldifference byprotectingforests,conservingwildlife andhelpingcommunities developaround the world.. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We must work together toward a more sustainable, healthy future. Challenges of Sustainable Aviation Fuels. 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. The companyhasagreedto purchasea future supply of70 million gallons of sustainable aviation fuel per year. Learn more about Sustainable Aviation Fuels. In 2020, Neste's revenue stood at EUR 11.8 billion, with 94 percent of the companys comparable operating profit coming from renewable products. MSP, SEA, and SFO clubs are zero-waste, as in 90% landfill diversion. This program will help cargo customers reduce their environmental footprint and create a more sustainable future. Sustainable aviation fuel (SAF) is a carbon-reduction solution that is available for use in aircraft and helicopters operating today. Wemustcontinue totake immediate actions today andcant wait for future solutions to become a reality. 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. To request prior reports, a CRR prior to 2018, please contact sustainability@delta.com. 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. Some typical feedstocks used are cooking oil and other . 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. Deltasgoal is to have an offset portfolio that includes: CarbonAvoidanceProjects:Deforestation contributes 10to 15 percentof carbon emissions globally. 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.. SAF is a critically important lever to reduce the life-cycle carbon emissions from aviation fuel. Sustainable aviation fuel accounts for much less than 1% of global aviation fuel. It is a token for associates to reflect on maintainable fuels and their investigation. Using sustainable aviation fuel won't significantly reduce greenhouse gas emissions. . Commitment to Transparency 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. The goal is to reach 10 percent SAF . Certain services may not be available to attest clients under the rules and regulations of public accounting. Sept 30 (Reuters) - U.S. carrier Delta Air Lines Inc (DAL.N) will buy sustainable aviation fuel (SAF) from Aemetis Inc (AMTX.O) in a 10-year deal worth over $1 billion, including tax. 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. Neste has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the worlds most sustainable companies. 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. Thatis equal to the emissions from annual electricity consumption of almost 200,000 households,orroughlyallhouseholds in the city ofAtlanta. This partnership is one way Delta is engaging major stakeholders driving toward their own goals of carbon neutral air travel, so we can make a real and lasting sustainable impact.. As a company that connects people with opportunity, Delta recognizes its role in growing empathy, respect and care for the planet and the people within it. 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. 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 . 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. Delta will welcome a Chief Sustainability Officer in 2022, continuing its commitment to build a sustainable future for air travel. spotlighting how customersare gettinginvolved. 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. 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). Delta is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. The goal is to power every flight fueled at SEA with at least a 10% blend of sustainable aviation fuel (SAF) by 2028. Deltas goal is to replace 10 percent of its jet fuel refined from fossil fuel with sustainable aviation fuel by the end of 2030. Delta was the No. 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. Scaling Up Sustainable Aviation Fuel The U.S. aviation industry has taken a leadership role in the development and deployment of sustainable aviation fuels (SAF). ICAO's "2050 Visualization for Sustainable Fuel" objective agreed upon in 2017. Carbon RemovalProjects:Thisrefers tonature-based solutions such asafforestation and reforestation, where additional trees areplantedor areas are restoredin an effort toabsorb additionalcarbon dioxidefrom the atmosphere. Its a decades-long process requiring collaboration across our business and with other industries. and Executive Chair of Sustainability. 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. Delta aims to be using 10% sustainable aviation fuel by the end of 2030. 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. 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. 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. of waste annually. Read More: https://news.delta.com/new-campaign-shines-light-deltas-carbon-neutrality. 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. 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. Read More: https://news.delta.com/deltas-esg-report-powering-purpose-driven-goals-be-catalyst-change. 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. Neste MY Sustainable Aviation Fuel is a today solution, commercially available and in use worldwide. Now. 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). (ICAO, 2021) In the near-term, Deltawill invest in verifiedcarbon offsets to achieve carbon neutralityand ensure forests aremaintained,protectedand expanded. 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. 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. Delta, American and others around the world have turned to sustainable aviation fuel, or SAF, to get to zero . Flight to Net Zero encompasses Deltas climate leadership through its carbon neutrality goal. 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Your guide to SAF, the low-carbon alternative to conventional jet fuel that's helping to transform the airline industry. Fuel Sustainability in Aviation ICAO itself administers a database for the sharing of information on sustainable fuels and the organization of workshops and seminars. 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. 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-spotlights-sustainable-heights-recent-flight. 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. Captured carbon can also be used to create fuels. Global aviation accounts for about 3% of global greenhouse gas (GHG) emissions and is one of the toughest sectors to . Examples includebio-fuelsand synthetic fuels. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. 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. 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. Englewood, Colo.-based Gevo had to shut down its Luverne biofuel facility. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. Jan. 30, 2023. Read More: https://news.delta.com/chevron-delta-air-lines-and-google-announce-intent-measure-sustainable-aviation-fuel-emissions-data. In 2021, Delta purchased over 300,000 gallons of SAF, collaborating with its corporate partners to help grow the underdeveloped SAF market. Read More: https://news.delta.com/delta-commits-set-science-based-target-align-paris-agreement. Many of these projects are REDD+ (Reducing Emissions from Deforestation and forest Degradation) projects backed by a United Nations framework that aims to curb climate change. 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 was the No. 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. As Delta invests in future technologies, carbonoffsetsareaviable, proven and immediateway tomake an impacttoday, saidDeltasSue Kolloru, V.P. Theseinvestmentssupport the cost of running the programsand conserving more than half a million acres of forests while avoiding the release ofan average of5 million metric tons of carbon to the atmosphere per year. Delta seekstoengageinvestors, customers and employeesonthis journeytoward zero-impact aviation. Delta is partnering with universities, foundations, and others to explore circular economy solutions to waste. Delta hasworkedwith leadersinside and outside the aviation sector toshapeitsplansand will announcemultiple partnershipsin the second quarter. View our 2021 ESG Report (PDF) and 2021 ESG Report Snapshot, Delta's Climate Lobbying Report details the companys global advocacy activities and policy engagementsboth direct and indirectthat support and complement our Paris Agreement-aligned climate goals. Effective policy engagement will continue to shape how Delta advances progress towards our climate goals and a more sustainable future for flight., View Climate Lobbying Report, opens in a new window. For instance, the company has replaced more than 200 older aircraft with new planes that are 25 percent more fuel efficient. Beyond aircraft changes, significant investments in infrastructure, likeclean energy andhydrogen fuelgeneration, would also be required for commercially viable solutions.
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