739 Decarbonizing Aviation - Airplane Geeks Podcast Here's what to know about SAF and why it's key to . Jet fuel is the No. Sustainability is core to who we are, and it is important to our corporate customers for whom air travel is a significant part of their carbon footprint.. Neste to supply sustainable aviation fuel to three major U.S. airlines 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. 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. DTTL and each of its member firms are legally separate and independent entities. 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. 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. Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. These collaborations may include a variety of initiatives, for . 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. SAFis an alternative to fossil fuelandcan reduce emissions by up to 80 percent during its full lifecycle. Read More: https://news.delta.com/delta-joins-first-movers-coalition-drive-breakthrough-technologies-and-sustainable-fuels. Pleaseseewww.deloitte.com/us/aboutfor a detailed description ofDeloitteslegal structure. 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. DTTL (also referred to as Deloitte Global) does not provide services to clients. These handcrafted kits will eliminate five single-use plastic items such as zippers and packaging, reducing plastic use by up to 90,000 pounds on an annual basis. Flight to Net Zero encompasses Deltas climate leadership through its carbon neutrality goal. For more information, visit www.bcdtravel.com. 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. Alongside 30 aviation leaders, Delta and United last week joined Mission Possible Partnership in an initiative that lays out an ambitious pathway for phasing out fossil jet fuel by 2050. A central component of this decarbonization plan is a blending mandate for sustainable aviation fuel via the ReFuelEU Aviation initiative. 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. As Delta invests in future technologies, carbonoffsetsareaviable, proven and immediateway tomake an impacttoday, saidDeltasSue Kolloru, V.P. Dan describes a way to integrate the . By collaborating with Delta to increase the use of sustainable aviation fuel, Deloitte is proud to positively impact our carbon footprint while investing in a more sustainable future.. 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. Read More: https://news.delta.com/delta-joins-drawdown-georgia-business-compact. 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. For instance, the company has replaced more than 200 older aircraft with new planes that are 25 percent more fuel efficient. 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. Delta Airlines is committed to replace 10% of current jet fuel use with . Subscribeandfollow. Neste MY Sustainable Aviation Fuel | Neste - Neste Worldwide Delta's more than 75,000 employees believe our customers should not have to choose between seeing the world and saving the planet. Sustainable Aviation Fuel (SAF): In Brief - EveryCRSReport.com 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. For more information, visit www.bcdgroup.com. 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/delta-joins-coalitions-driving-net-zero-future. 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 . Delta was the No. PDF Globally Environment Sustainable Airline: a Comparison Between Finnair Electric Aviation Is Arriving, and Cybersecurity Is High Priority. We estimate that SAF could contribute around 65% of the reduction in emissions needed by . Delta is on a journey to decarbonize our industry our Flight to Net Zero but its not a task that happens overnight. Delta is the first U.S. airline to partner with EcoVadis, a provider of business sustainability ratings. 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. SAF stands for sustainable aviation fuel. It's produced from sustainable feedstocks and is very similar in its chemistry to traditional fossil jet fuel. Emissions reduction, sustainable fuel & innovation. Americas Most Sustainable Companies by Barrons, Dow Jones Sustainability North America Index, Deltas deal with Gevo pushes SAF goal forward, Delta invests in TPG Rise Climate to accelerate innovative climate solutions, No one better connects the sky': Delta returns to CES, 10 ways Delta advanced the more sustainable future of flying in 2022. 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. Those efforts have resulted in more than 1 million gallons of purchased SAF so far. Read More: https://news.delta.com/delta-welcome-chief-sustainability-officer. Delta discloses lobbying against some environmental measures Chevron to sell test batch of sustainable aviation fuel to Delta Air 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. FAA research grants aim to tackle aviation's massive deficit of - CNBC DELTA NEWS ON THE GO. DELTA NEWS ON THE GO. Alaska Airlines and Microsoft sign partnership to reduce carbon Fuel Sustainability in Aviation ICAO itself administers a database for the sharing of information on sustainable fuels and the organization of workshops and seminars. 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. 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. Find out about Deltas involvement in the community and how Delta employees help make the communities where they work and live a better place. Challenges of Sustainable Aviation Fuels. Your guide to SAF, the low-carbon alternative to conventional jet fuel that's helping to transform the airline industry. Delta Airlines has entered into a 10-year contract with renewable fuels company Aemetis, worth more than $1 billion, to source sustainable aviation fuel for its flights. Using sustainable aviation fuel won't significantly reduce greenhouse gas emissions. These projectsprevent deforestation toensure that some of the worlds largest forests remainintactand continue to absorb and store carbon dioxide. 1 airline named among Americas Most Sustainable Companies by Barrons in 2020, the only U.S. airline included in the 2021 S&P Global Sustainability Yearbook and has received the Vision for America Award by Keep America Beautiful and Captain Planet Foundation's Superhero Corporate Award. In its pure form, it can reduce life cycle carbon emissions up to 80 percent compared to petroleum-based jet fuel and is a key component in Deltas commitment to becoming carbon neutral. Read More: https://news.delta.com/delta-launches-flight-net-zero-signs-partnership-cwt. 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 has agreed to buy 250 million gallons of sustainable fuel as part of a 10-year deal estimated to be worth over $1 billion. SAF can reduce lifecycle CO2 emissions by up to 80% compared to conventional fuel. In 2021, Delta purchased over 300,000 gallons of SAF, collaborating with its corporate partners to help grow the underdeveloped SAF market. 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. We are proud to take this next long-term step alongside Delta Air Lines in supporting the lasting sustainability of our planet by reducing the impact of airline travel on the environment.. 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 . NIKE, Inc.andDeloitte, Deltas first and second corporatecustomers to purchaseSAFfacilitated by Delta, aresupportinga future of more sustainable business travel. Delta places huge order for sustainable aviation fuel made with 839MW Through the agreement, Delta expects to receive roughly 75 million gallons of SAF annually for seven years, anticipated to start mid-2026. 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.