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. 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. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. Its a decades-long process requiring collaboration across our business and with other industries. Such statements are not guarantees or promised outcomes and should not be construed as such. SAF is a critically important lever to reduce the life-cycle carbon emissions from aviation fuel. Delta is accelerating its efforts to build a more sustainable and people-first future. 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. Subscribeandfollow. Delta was the No. 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. 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). 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. spotlighting how customersare gettinginvolved. DELTA NEWS ON THE GO. Some typical feedstocks used are cooking oil and other . 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. . In short, BCD helps their clients travel smart and achieve more. 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. Jet fuel is the No. The collaboration with BCD Travel continues to underscore the significant positive environmental impact that can be achieved through collaboration. Technological innovation, partnerships and coalitions will be required to help us achieve this goal. However, the market remains nascent due to limited supply and high costs. Find out about Deltas involvement in the community and how Delta employees help make the communities where they work and live a better place. 1 contributor to Deltas carbon footprint and the chief focus of our efforts to reduce our emissions and manage our environmental impact. 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. More information on Deltas sustainability efforts are available in its 2021 Environmental, Social and Governance Report. Challenges of Sustainable Aviation Fuels. The goal is to reach 10 percent SAF . 1 airline named amongAmericas Most Sustainable Companies by Barronsin 2020,the only U.S. airline includedin the2021S&PGlobalSustainability YearbookandhasreceivedtheVision for AmericaAward by Keep America Beautiful and Captain Planet Foundation'sSuperhero Corporate Award. The collaboration with Deloitte represents one of the first of what the airline hopes will be many significant achievements for both areas. As Delta invests in future technologies, carbonoffsetsareaviable, proven and immediateway tomake an impacttoday, saidDeltasSue Kolloru, V.P. 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. 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.. Sustainable aviation fuels (SAF) are defined as renewable or waste-derived aviation fuels that meets sustainability criteria 1. Delta has even started executing industry-leading sustainable fuel agreements with corporate customers to support a future of more sustainable business travel. 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. Deltas 2021 Environmental, Social and Governance (ESG) Report, opens in a new window 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. Two projectsin Deltasoffsetportfolio areRimbaRaya and Keo Seima,which protect forests through a community-driven conservation model involving local communities in Indonesia and Cambodia. 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. 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. Subscribeandfollow. 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. 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. 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 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 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 is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. CarbonReductionProjects:Investing inconvertingfromemissions-intensiveenergy sources,like coal,to sources like wind and solar serves as a foundation forreducing emissions. Delta Air Lines and BCD Travel USA LLC have signed the first-ever sustainable aviation fuel (SAF) agreement for a travel management company. Delta and Deloitte are one step closer to sustainable business travel, thanks to a sustainable aviation fuel (SAF) agreement covering a portion of Deloittes business travel. While there are manypathsto carbon neutrality,Delta chosetomake an impact today and invest in a future where aviation itselfbecomescleanerfor the world around us.. 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. And as we grow, we have an obligation to ourselves, our clients and our communities to do so sustainably.. Read More: https://news.delta.com/delta-joins-drawdown-georgia-business-compact. 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. Deloitte is one of Deltas first corporate customers to purchase SAF facilitated by Delta. 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. 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. Sustainable aviation fuel (SAF) is a carbon-reduction solution that is available for use in aircraft and helicopters operating today. 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. 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. Using sustainable aviation fuel won't significantly reduce greenhouse gas emissions. Once taking delivery of the SAF, Delta will be able to offer sustainable air travel solutions to Deloitte and other corporate customers. 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. 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. It is a token for associates to reflect on maintainable fuels and their investigation. Read More: https://news.delta.com/new-campaign-shines-light-deltas-carbon-neutrality. Such statements are notguaranteesor promised outcomes and should not be construed as such. The European Union's "Fit for 55" package of regulatory proposals were announced on 14 July 2021 as part of the EU's strategy to reduce emissions 55% by 2030, compared to 1990 levels. In the meantime, technologies like direct air capture have the potential to scale. *Non-CO2e effects which may also contribute to aviation induced warming are not included in this target. 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. Using SAF results in a reduction in carbon emissions compared to the traditional jet fuel it replaces over the lifecycle of the fuel. Learn more here. Read More: https://news.delta.com/decarbonized-future-flight-delta-and-airbus-collaborate-pull-forward-future-hydrogen-fuel. No one person or company or country alone can make the impact necessary to put our planet on a sustainable track for the future. This will be achieved primarily through sustainable aviation fuels and new technology . BCD Group is a market leader in the travel industry. DELTA NEWS ON THE GO. 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. ICAO's "2050 Visualization for Sustainable Fuel" objective agreed upon in 2017. At Delta, however, that isnt something we do on just one day its a mindset that informs every decision we make. Sustainable aviation fuels provide significant environmental benefits because the lifecycle carbon footprint can be up to 75 percent less than conventional jet fuel. Its part of our mission as a company to help people and companies travel smart and achieve more. 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. 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. Achieving thisambitiousgoalwill requiresignificant capital investment, support from government partners, research and development frommanufacturersand evolution of some of theworlds largest industries. Rather than being refined from petroleum, SAF is produced from renewable resources such as waste oils. "When Delta committed to being carbon neutral, we also committed to continued. Neste Corporation, Press Release, 13 August, 2020 at 5:01 p.m. (EET) Neste, the world's largest producer of renewable diesel and sustainable aviation fuel (SAF) produced from waste and residue raw materials, is supplying Alaska Airlines, American Airlines and JetBlue Airways with sustainable aviation fuel for flights from San Francisco International Airport (SFO). 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. 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). We use compostable stirrers onboard and removed wrappers from cutlery and amenity kits, eliminating 30K lbs. 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. 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 travel management company gives travelers innovative tools that keep them safe and productive, while helping them make good choices on the road. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the Deloitte name in the United States and their respective affiliates. 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. In the short term,Deltaintends to achievecarbonneutralitybydirectlyreducing emissionsthroughfleet and operational efficienciesandaddressingremainingemissions throughcarbon offsetprojectinvestmentsthat maintain,protectandexpand forests. Our goal is to decarbonize aviation. 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. January 30, 2020 | Jim Lane. Those efforts have resulted in more than 1 million gallons of purchased SAF so far. Delta has even started executing industry-leading. DTTL and each of its member firms are legally separate and independent entities. 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. 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. United's original purchase agreement for SAF was in 2013. 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 . SEATTLE and REDMOND, Wash. Oct. 22, 2020 Microsoft Corp. employees who fly between their global headquarters in Redmond, Washington, and California [] This program will help cargo customers reduce their environmental footprint and create a more sustainable future. 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. Examples includebio-fuelsand synthetic fuels. Deltasvisioniszero-impactaviation:air travel that does not damage the environment directly or indirectly via greenhouse gas emissions, noise, waste generationor otherenvironmentalimpacts. As Delta works to solve its largest impact on the environmentcarbon dioxide emissionsitplans toinvest ininnovativesolutions, likecarbon capture and storage andsustainable aviation fuels(SAF). They make this happen in 109 countries with a global client retention rate of 98 percent, the highest in the industry. 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.
Bissap Gingembre Clou De Girofle,
Matilda Ashley Sports Direct,
Testicle Festival Wisconsin 2022,
Adam Kendall Real Life,
Juan Soto Rookie Card,
Articles D