Although these technologies arestill in the early stages ofdevelopmentandarenot expected to enter service anytime soon, Delta isevaluating partnershipstoaccelerate andsupport their advancement. 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. 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 market is so underdeveloped that allSAFproduced in 2020 would only power Deltas fleet for one daypre-COVID. Delta Airlines is committed to replace 10% of current jet fuel use with . 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. Which US Airlines Are Using Sustainable Aviation Fuel? - Simple Flying Learn more here. 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. . Delta is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. 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. DELTA NEWS ON THE GO. 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. Delta, JetBlue, United give sustainable aviation fuel a lift Emissions reduction, sustainable fuel & innovation. Chevron to sell test batch of sustainable aviation fuel to Delta Air 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). 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. Together, the products will reduce onboard single-use plastic consumption by approximately 4.9 million pounds per year thats roughly the weight of 1,500 standard-sized cars and significantly increase Deltas support of minority- and women-run businesses. The global aviation industry is a hard-to-abate sector, meaning it is innately difficult to decarbonize. DTTL (also referred to as Deloitte Global) does not provide services to clients. 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. Through the agreement, Delta expects to receive roughly 75 million gallons of SAF annually for seven years, anticipated to start mid-2026. 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. Delta has pledged to replace 10% of its jet fuel with SAF by 2030. SAF is a drop . 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 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. An Introduction to Sustainable Aviation Fuels | Article | EESI January 30, 2020 | Jim Lane. The agreement is to initially purchase enough SAF to "represent a. The . Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (DTTL), its network of member firms, and their related entities. After Covid, The Global Commercial Aviation Fleet Starts To - Forbes DG Fuels is committed to developing and supporting initiatives that provide practical and sustainable benefits to businesses, the environment and local communities, said Michael C. Darcy, Chief Executive Officer of DG Fuels. Such statements are not guarantees or promised outcomes and should not be construed as such. 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. Delta signs first multi-year SAF agreement with CTM, reaches collective Sustainability | Delta Air Lines The largest sustainable aviation fuel offtake deal, ever?: Delta Deltawill investin the acceleration ofthree promising advancementscriticaltoa cleaner future of commercial aviation. Delta hasexecutedindustry-leadingSAFagreements with corporate customers totake collective action for the greater good of our planet. 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. Pleaseseewww.deloitte.com/us/aboutfor a detailed description ofDeloitteslegal structure. Today, there is only enough SAF available on the market to support one day of Deltas operations at pre-pandemic levels. 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. To achieve the Sustainable Aviation Fuel (SAF) Grand Challenge 2030 and 2050 goals, the U.S. Department of Transportation, the U.S. Department of Agriculture, and other federal government agencies have partnered with the Department of Energy to develop a comprehensive strategy for scaling up new technologies to produce SAF on a commercial scale. 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. CarbonReductionProjects:Investing inconvertingfromemissions-intensiveenergy sources,like coal,to sources like wind and solar serves as a foundation forreducing emissions. 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. Achieving thisambitiousgoalwill requiresignificant capital investment, support from government partners, research and development frommanufacturersand evolution of some of theworlds largest industries. 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 Buys Over $1B Worth of Sustainable Aviation Fuel - Energy Leader . 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). 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. 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. This agreement represents a conceptual alignment within the travel industry to offset emissions from corporate traveler flights. The collaboration with Deloitte represents one of the first of what the airline hopes will be many significant achievements for both areas. 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. SeeDeltas sustainabilityglossaryfordefinitions ofsustainabilitytermsand details about Scope 1, 2 and 3 emissions. 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 is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. Subscribeandfollow. 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). 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. Hear from three Delta leaders about why this journey matters, what were doing now and where were headed. Sustainable aviation fuel (SAF) has been . 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.. 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. Sustainable Aviation Research | Transportation and Mobility Research | NREL 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. The newaircraftreplacing those planesare25percent more fuel efficient per seat mile than the aircraft they replace. Airlines Fly Green | Airlines For America . 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. Read More: https://news.delta.com/delta-commits-set-science-based-target-align-paris-agreement. Read More: https://news.delta.com/deltas-esg-report-powering-purpose-driven-goals-be-catalyst-change. Those efforts have resulted in more than 1 million gallons of purchased SAF so far. This is just the beginning. 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. 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. First passenger flight with 100% sustainable fuel just took off What sustainable aviation fuel means for greener airplane travel 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. Delta Air Lines has agreed to buy 250 million gallons of sustainable fuel as part of a 10-year deal estimated to be worth over $1 billion. These projectsprevent deforestation toensure that some of the worlds largest forests remainintactand continue to absorb and store carbon dioxide. Our offsetprojectsare making ameasurableand meaningfuldifference byprotectingforests,conservingwildlife andhelpingcommunities developaround the world.. Uniting across industriestocreate amore sustainablefutureis imperative. Read More: https://news.delta.com/delta-welcome-chief-sustainability-officer. 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. Englewood, Colo.-based Gevo had to shut down its Luverne biofuel facility. 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.
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