All forward-looking statements involvea number ofrisks and uncertainties that could cause actual results to differ materially from the estimates, expectations, beliefs, intentions, projections, goals, aspirations, commitments and strategies reflected in or suggested by the forward-looking statements. and Executive Chair of Sustainability. 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 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. Sustainable aviation fuel (SAF) is a carbon-reduction solution that is available for use in aircraft and helicopters operating today. Learn how Deloittes more than 330,000 people worldwide connect for impact at www.deloitte.com. 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. 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A central component of this decarbonization plan is a blending mandate for sustainable aviation fuel via the ReFuelEU Aviation initiative. 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. Rather than being refined from petroleum, SAF is produced from renewable resources such as waste oils. Such statements are notguaranteesor promised outcomes and should not be construed as such. Carbon capture and storagetechnologyneed to progress to serve the expected demand for carbon dioxide removal from the atmosphere, especially for hard-to-abate sectors like aviation. To ensure all stakeholders see the results of their engagement, the company is making transparency the cornerstone of its approachwhich it intends todemonstratethroughbest-in-class reporting, collaboration across industries and fund management. It is a "drop-in" fuel blended with up to 50% conventional jet fuel, requiring no aircraft modifications. Here's what to know about SAF and why it's key to . Emissions reduction, sustainable fuel & innovation. Deltas commitment to sustainability is about joining arms to create a better world as the industry works to reach its sustainability goals. DELTA NEWS ON THE GO. Sustainable aviation fuels (SAF) are attractive to the aviation industry because they provide a large reduction of greenhouse gas emissions with little changes to current technology. 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 NEWS ON THE GO. It's produced from sustainable feedstocks and is very similar in its chemistry to traditional fossil jet fuel. 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. 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. Read More: https://news.delta.com/delta-joins-coalitions-driving-net-zero-future. Delta also plans to replace 10 percent of its fossil fuel-based jet fuel with sustainable aviation fuel by 2030that will require purchasing 70 million gallons of sustainable aviation fuel per year. The travel management company gives travelers innovative tools that keep them safe and productive, while helping them make good choices on the road. Delta Air Lines and BCD Travel USA LLC have signed the first-ever sustainable aviation fuel (SAF) agreement for a travel management company. 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.. The low-carbon and high . It has received the Vision for America Award by Keep America Beautiful and Captain Planet Foundation's Superhero Corporate Award. 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. DALLAS, April 22, 2021 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced memoranda of understanding with two leading energy companies, Marathon Petroleum Corporation (NYSE: MPC), and Phillips 66 (NYSE: PSX), intended to facilitate the development and production of commercialized sustainable aviation fuel (SAF). "Sustainable aviation fuels represent the most meaningful solution currently available to reduce climate impact for the "hard-to-decarbonize" aviation industry" - Sara Bogdan, Head of Sustainability and ESG for JetBlue. This is just the beginning. Read More: https://news.delta.com/deltas-esg-report-powering-purpose-driven-goals-be-catalyst-change. Earth Day is the global moment for the world to reflect on how we can all act more responsibly and innovate toward a more sustainable future. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. 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. 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. In the short term,Deltaintends to achievecarbonneutralitybydirectlyreducing emissionsthroughfleet and operational efficienciesandaddressingremainingemissions throughcarbon offsetprojectinvestmentsthat maintain,protectandexpand forests. Delta was the No. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. 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. Deltas journey toward its sustainability goals will require collaboration and partnerships. "This first-of-its-kind investment for Southwest furthers our efforts to support the commercialization of affordable, lower-carbon SAFon a life-cycle basis compared to conventional jet fuelwhich can help the aviation industry reach its ultimate goal of carbon neutrality by 2050." Delta, American and others around the world have turned to sustainable aviation fuel, or SAF, to get to zero . Once taking delivery of the SAF, Delta will be able to offer sustainable air travel solutions to Deloitte and other corporate customers. No one person or company or country alone can make the impact necessary to put our planet on a sustainable track for the future. "When Delta committed to being carbon neutral, we also committed to continued. Delta Air Lines commits to publicly report on non-CO2e impacts of aviation over its target timeframe. This partnership significantly increases Delta's access to sustainable aviation fuel while expanding the alternative fuel market. Subscribeandfollow. 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. Scaling up sustainable aviation fuel production to at least 3 billion gallons per year by 2030 by supporting producers . Carbon RemovalProjects:Thisrefers tonature-based solutions such asafforestation and reforestation, where additional trees areplantedor areas are restoredin an effort toabsorb additionalcarbon dioxidefrom the atmosphere. 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.. DELTA NEWS ON THE GO. Delta has also earned a spot on the FTSE4Good Index for six consecutive years and theDow Jones Sustainability North America Indexfor ten consecutive years. ICAO's "2050 Visualization for Sustainable Fuel" objective agreed upon in 2017. Now in Delta One, you will find artisan-made amenity kits from Certified B Corporation apparel brand Someone Somewhere, opens in a new window. 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 . Flight to Net Zero encompasses Deltas climate leadership through its carbon neutrality goal. 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. CarbonReductionProjects:Investing inconvertingfromemissions-intensiveenergy sources,like coal,to sources like wind and solar serves as a foundation forreducing emissions. 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. We must work together toward a more sustainable, healthy future. The collaboration with Deloitte represents one of the first of what the airline hopes will be many significant achievements for both areas. fact: Chevron's outlook is that SAF is expected to be the favored option for carbon reduction in jet fuel. The production of DG Fuels SAF is up to 85% lower in lifecycle greenhouse gas emissions versus conventional jet fuel. Learn more about Sustainable Aviation Fuels. This collaboration with Deloitte is one example of how companies can work together to meet goals we are equally passionate about, said Delta CEO Ed Bastian. From fuel to food, Deltas flight from Atlanta to Salt Lake City showcased sustainable technologies available to customers today, as well as innovations in development as part of the SkyTeam Alliances Sustainable Flight Challenge. Other enhancements to our onboard offerings include bedding made from 100% recycled plastic bottles, reusable and biodegradable service ware and premium canned wine. 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 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. Subscribeandfollow. 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. 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. 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. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. For the first time, sustainable aviation fuel is delivered to Deltas LaGuardia hub, using an existing petroleum pipeline. 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. . It means investing in our future through direct action now. 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. 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 . (ICAO, 2021) Those efforts have resulted in more than 1 million gallons of purchased SAF so far. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. The agreement is to initially purchase enough SAF to "represent a.