We are grateful for Deloitte and our corporate customers and partners joining us on this important journey, said Bastian. fact: Chevron's outlook is that SAF is expected to be the favored option for carbon reduction in jet fuel. Read More: https://news.delta.com/decarbonized-future-flight-delta-and-airbus-collaborate-pull-forward-future-hydrogen-fuel. Chevron, Delta Air Lines, and Google Announce Intent to Measure 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 . 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. Sustainable aviation fuel supplied by industry leader SkyNRG signals new approach for business travel Editor's Note - Oct. 22, 2020 - Updated with a clarification on what sustainable aviation fuel is produced from. For more information, visit www.bcdgroup.com. 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. Technological innovation, partnerships and coalitions will be required to help us achieve this goal. Emissions reduction, sustainable fuel & innovation. Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. The low-carbon and high . FAA research grants aim to tackle aviation's massive deficit of - CNBC The deal is expected to reduce CO2 emissions by 1,000 metric tonnes. Sustainable Aviation Fuel Prepares for Takeoff Chevron Other technologies being developed involve turning food. 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. The market is so underdeveloped that allSAFproduced in 2020 would only power Deltas fleet for one daypre-COVID. In the near-term, Deltawill invest in verifiedcarbon offsets to achieve carbon neutralityand ensure forests aremaintained,protectedand expanded. Delta will welcome a Chief Sustainability Officer in 2022, continuing its commitment to build a sustainable future for air travel. Read More: https://news.delta.com/update-our-path-net-zero. Delta aims to be using 10% sustainable aviation fuel by the end of 2030. Read More: https://news.delta.com/delta-launches-flight-net-zero-signs-partnership-cwt. Delta has even started executing industry-leading. *Non-CO2e effects which may also contribute to aviation induced warming are not included in this target. 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. We estimate that SAF could contribute around 65% of the reduction in emissions needed by . It can leverage existing technology and infrastructure, such as fuel delivery pipelines, and work with current fleet models. Read More: https://news.delta.com/delta-joins-coalitions-driving-net-zero-future. Electric Aviation Is Arriving, and Cybersecurity Is High Priority. Now. 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 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. Delta is on a journey to decarbonize our industry our Flight to Net Zero but its not a task that happens overnight. CWT partners with Delta on a sustainable aviation fuel agreement to 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. Port of Seattle Announces Partnership for Sustainable Aviation Fuels at Together, we will make a difference for generations to come.. Today, there is only enough SAF available on the market to support one day of Deltas operations at pre-pandemic levels. Airlines for America (A4A), an industry trade group that includes United Airlines, Southwest, Delta, American, and others, announced a 2030 goal of producing and deploying 2 billion gallons of. 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.. 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 is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. DELTA NEWS ON THE GO. Many airlines and fuel companies are investing in SAFs. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. 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. 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. Alaska Airlines and Microsoft sign partnership to reduce carbon Delta Air Lines is continuing its commitment as a sustainability leader in our home state, joining a coalition of Georgia businesses committed to developing a just, competitive and sustainable transition to net-zero emissions by 2050. Chevron, Delta Air Lines, and Google have signed an agreement to test and track sustainable aviation fuel (SAF) and its emissions at Los Angeles International Airport (LAX), the companies . 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. Captured carbon can also be used to create fuels. Now celebrating 175 years of service, Deloittes network of member firms spans more than 150 countries and territories. Fly with our joint venture partner Delta Air Lines | Virgin Atlantic Subscribeandfollow. The . In addition, the projects promote sustainable livelihoods, conserve critically endangered species, support the preservation of indigenous communities culture and traditions, and maintain the natural resources on which forest communities depend.. Other enhancements to our onboard offerings include bedding made from 100% recycled plastic bottles, reusable and biodegradable service ware and premium canned wine. 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/always-climbing-2021-esg-report-highlights-deltas-accelerated-progress-toward-people-centric-future. Delta enters offtake agreement with Gevo for 10M - Delta News Hub 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 company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. Numerous airlines, aircraft makers and fuel companies are working to create SAFs. 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. Read More: https://news.delta.com/delta-joins-first-movers-coalition-drive-breakthrough-technologies-and-sustainable-fuels. Read More: https://news.delta.com/deltas-deal-gevo-pushes-saf-goal-forward. Sustainable Aviation Fuel (SAF) - ICAO 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. Travel management companies, especially those as globally focused as BCD Travel, are noting the importance of traveling sustainably. SAF is an important lever to reduce the lifecycle carbon emissions from aviation fuel, up to 80 percent when used in pure form compared to fossil jet fuel, and has great potential to scale. "When Delta committed to being carbon neutral, we also committed to continued. 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. Budgeting more than$30 millionforportfolio of verifiedoffsetstomitigate13 million metric tonsofDeltas2020emissions, Planninglong-term investments in sustainable fuel and carbon sequestrationadvancementsandanalyzingrole ofdevelopingpropulsion technologies, Building coalitions and engaging stakeholders tobroaden availability ofsustainableaviationfuels,includingfirstpartnershipswithNIKE, Inc.andDeloitte. Subscribeandfollow. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to 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 endedDec.31, 2020. The premier agreement helps address emissions from BCD employee travel and, as one of the largest travel management agencies in the world, bolsters the future of sustainability in the travel industry. 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.. This agreement represents a conceptual alignment within the travel industry to offset emissions from corporate traveler flights. SAF is a critically important lever to reduce the life-cycle carbon emissions from aviation fuel. Deltasvisioniszero-impactaviation:air travel that does not damage the environment directly or indirectly via greenhouse gas emissions, noise, waste generationor otherenvironmentalimpacts. The collaboration with BCD Travel continues to underscore the significant positive environmental impact that can be achieved through collaboration. However, the market remains nascent due to limited supply and high costs. Sustainable Aviation Fuel (SAF): In Brief - EveryCRSReport.com For the first time, Sustainable Aviation Fuel has been delivered to New 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. 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.