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. Read More: https://news.delta.com/delta-spotlights-sustainable-heights-recent-flight. . 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. In short, BCD helps their clients travel smart and achieve more. Delta's more than 75,000 employees believe our customers should not have to choose between seeing the world and saving the planet. Its a decades-long process requiring collaboration across our business and with other industries. Read More: https://news.delta.com/earth-month-how-delta-doing-our-part-sustainable-future. Other enhancements to our onboard offerings include bedding made from 100% recycled plastic bottles, reusable and biodegradable service ware and premium canned wine. While current events may have drawn the immediate focus away from sustainability efforts, this does not mean that airlines' commitments to biofuel have wavered. Delta Air Linesaudaciouscommitment to carbon neutralityfrom March 2020 onwardis coming tofruition withswift impact throughimmediateactionscoupled withlong-term investmentsto combat climate change. 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. 1 airline named among America's Most Sustainable Companies by Barron's in 2020. For more information, visit www.bcdtravel.com. It was the only U.S. airline included in the 2021 S&P Global Sustainability Yearbook. Other technologies being developed involve turning food. In the near-term, Deltawill invest in verifiedcarbon offsets to achieve carbon neutralityand ensure forests aremaintained,protectedand expanded. 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. We estimate that SAF could contribute around 65% of the reduction in emissions needed by . For more information, visit www.bcdgroup.com. 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. 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. Read More: https://news.delta.com/chevron-delta-air-lines-and-google-announce-intent-measure-sustainable-aviation-fuel-emissions-data. That is equaltothecarbonsequesteredby17 millionacresof U.S. forests in one year,enough tocoverthe state ofWest Virginia. 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 . The travel management company gives travelers innovative tools that keep them safe and productive, while helping them make good choices on the road. The goal is to reach 10 percent SAF . Read More: https://news.delta.com/deltas-deal-gevo-pushes-saf-goal-forward. Delta was the No. Read More: https://news.delta.com/delta-announces-new-program-build-more-resilient-transparent-and-effective-supply-chain. The agreement is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet, 10 ways Delta advanced the more sustainable future of flying in 2022, Delta, DG Fuels partner in pivotal expansion of sustainable fuel market, Delta, Neste, Colonial Pipeline show how current infrastructure is ready for SAF, Delta spotlights sustainable heights on recent flight, Delta leaders reflect on accelerating the airlines sustainability goals, Deltas deal with Gevo pushes SAF goal forward, Delta invests in TPG Rise Climate to accelerate innovative climate solutions, Delta joins First Movers Coalition to drive breakthrough technologies and sustainable fuels, Delta invests in net-zero aviation through Aviation Climate Taskforce, 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 launches Flight to Net Zero, signs partnership with CWT, Delta and BCD Travel sign industry-first global travel management sustainable fuel agreement, Delta and Takeda partner to reduce 2021 aviation emissions via sustainable fuel agreement. The SAF will likely use timber waste, corn stover and cotton gin waste as feedstock and is expected to reduce lifecycle greenhouse gas emission by between 75%-85% compared to conventional jet fuel, which aligns with Deltas goal as a founding member of the First Movers Coalition. 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. Carbon RemovalProjects:Thisrefers tonature-based solutions such asafforestation and reforestation, where additional trees areplantedor areas are restoredin an effort toabsorb additionalcarbon dioxidefrom the atmosphere. 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. NREL develops and helps deploy sustainable aviation solutions that can be scaled globallyfrom net-zero-carbon energy sources to infrastructure optimization and aircraft propulsion technologies. 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. This year will be full of opportunities to reconnect and get back to what we all love most. According to the carrier, "United is years ahead of all US airlines in using and investing in sustainable aviation fuel." In fact, the airline says that the supply agreements it has for this type of fuel represent more than half of the commercial aviation industry's total agreements. Delta, American and others around the world have turned to sustainable aviation fuel, or SAF, to get to zero . The global aviation industry is a hard-to-abate sector, meaning it is innately difficult to decarbonize. 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. Read More: https://news.delta.com/update-our-path-net-zero. BCD Group is a market leader in the travel industry. Read More: https://news.delta.com/delta-launches-flight-net-zero-signs-partnership-cwt. 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. The agreement is to initially purchase enough SAF to "represent a. In addition to exploringinvestments inSAF andresearch and developmentfornew technologies,Deltaplans to spend more than $30 millionto address13millionmetric tonsofcarbon dioxide emissions from March1 to Dec. 31,2020throughanoffset portfolio. Fuel Sustainability in Aviation ICAO itself administers a database for the sharing of information on sustainable fuels and the organization of workshops and seminars. Innovations in propulsion, post-combustion emission controls, electric power delivery and fuel cellswouldsubstantiallyaddress emissionsbut are far from commercial aviation applications. 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. A central component of this decarbonization plan is a blending mandate for sustainable aviation fuel via the ReFuelEU Aviation initiative. Jan. 30, 2023. Deltasvisioniszero-impactaviation:air travel that does not damage the environment directly or indirectly via greenhouse gas emissions, noise, waste generationor otherenvironmentalimpacts. Deltas continued focus on sustainability, especially during a pandemic that has severely impacted its business, speaks volumes, said Joe Ucuzoglu, Deloittes U.S. CEO. The partners will work to meet the specific sustainable aviation fuel timetable and goals approved by the Port of Seattle Commission in December 2017: for a minimum of 10 percent of sustainable jet fuel to be produced locally from sustainable sources within 10 years, increasing to 50 percent by 2050. This brings much-needed investment to the SAF market by building industry demand and SAF supply with the goal of decreasing the aviation industrys reliance on conventional jet fuel. Read More: https://news.delta.com/delta-welcome-chief-sustainability-officer. We must work together toward a more sustainable, healthy future. Together, we will make a difference for generations to come.. 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. Deloitte is one of Deltas first corporate customers to purchase SAF facilitated by Delta. "While Delta continues to take actions toward our long-term goal of reducing carbon . These collaborations may include a variety of initiatives, for . 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 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. 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. At Delta, however, that isnt something we do on just one day its a mindset that informs every decision we make. Delta was the No. Delta Air Lines and BCD Travel USA LLC have signed the first-ever sustainable aviation fuel (SAF) agreement for a travel management company. The sustainable aviation fuel, expected to be produced in a facility in Washington State, could be used in Delta operations at stations in Seattle, Portland, San Francisco and Los Angeles. . 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. We are grateful for Deloitte and our corporate customers and partners joining us on this important journey, said Bastian. 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 . Its part of our mission as a company to help people and companies travel smart and achieve more. We expect our path toward achievement of this ambitious climate goal to include fleet, sustainable aviation fuel, operational improvements and offsets. One company alone cannot solve this challenge, making partnerships critical. 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 Airlines is committed to replace 10% of current jet fuel use with . More information on Deltas sustainability efforts are available in its 2021 Environmental, Social and Governance Report. SAF is a critically important lever to reduce the life-cycle carbon emissions from aviation fuel. 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. Two projectsin Deltasoffsetportfolio areRimbaRaya and Keo Seima,which protect forests through a community-driven conservation model involving local communities in Indonesia and Cambodia. 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). 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. The transition towards Sustainable Aviation Fuel (SAF) has been identified as one of the key factors in reducing greenhouse gas emissions across the industry. This partnership is one way Delta is engaging major stakeholders driving toward their own goals of carbon neutral air travel, so we can make a real and lasting sustainable impact.. That includes10 million beginning in 2024 fromGevoand 60 million beginning in 2025 fromNorthwest Advanced Bio-Fuels, representinga projected1.7 percent ofDeltastotalannualfuelconsumption, adjusted for 2019 flying levels. of waste annually. 1 contributor to Deltas carbon footprint and the chief focus of our efforts to reduce our emissions and manage our environmental impact. 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. Read More: https://news.delta.com/delta-signs-first-multi-year-saf-agreement-ctm-reaches-collective-purchase-300000-gallons-corporate. 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. Once taking delivery of the SAF, Delta will be able to offer sustainable air travel solutions to Deloitte and other corporate customers. 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). Through the agreement, Delta expects to receive roughly 75 million gallons of SAF annually for seven years, anticipated to start mid-2026. SAF is essential to our industrys more sustainable future, and new supply chain streams will help ensure sustainable fuel becomes more available and affordable.. Hear from three Delta leaders about why this journey matters, what were doing now and where were headed. DELTA NEWS ON THE GO. and Executive Chair of Sustainability. 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. Sustainable aviation fuel (SAF) - a low-carbon alternative to conventional, petroleum-based jet fuel - is helping the aviation industry lower its carbon footprint. Delta Air Lines and BCD Travel USA LLC have signed the first-ever sustainable aviation fuel (SAF) agreement for a travel management company. Delta hasworkedwith leadersinside and outside the aviation sector toshapeitsplansand will announcemultiple partnershipsin the second quarter. In the meantime, technologies like direct air capture have the potential to scale. 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. They are the worlds leading producer of renewable diesel and sustainable aviation fuel, developing chemical recycling to combat the plastic waste challenge. We focus on building our fleet to have the longest, most sustainable life possible to make the most of our planets resources. In the year since Delta announced its $1 billion commitment to carbon neutrality from March 2020 onward, the company remains focused on carbon reduction and removal and stakeholder engagement in an effort to ensure its operations are more sustainable. It is part of the airlines longstanding commitment to work with customers to reach collective goals for the greater good of our planet. This iswhyinvestments,guided by a stronglong-term vision,are so critical. Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. Sustainable aviation fuels provide significant environmental benefits because the lifecycle carbon footprint can be up to 75 percent less than conventional jet fuel. Deltawill investin the acceleration ofthree promising advancementscriticaltoa cleaner future of commercial aviation. View our 2021 ESG Report (PDF) and 2021 ESG Report Snapshot, Delta's Climate Lobbying Report details the companys global advocacy activities and policy engagementsboth direct and indirectthat support and complement our Paris Agreement-aligned climate goals. Effective policy engagement will continue to shape how Delta advances progress towards our climate goals and a more sustainable future for flight., View Climate Lobbying Report, opens in a new window. fact: Chevron's outlook is that SAF is expected to be the favored option for carbon reduction in jet fuel. 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. Subscribeandfollow. Read More: https://news.delta.com/delta-joins-first-movers-coalition-drive-breakthrough-technologies-and-sustainable-fuels. Anticipated to begin delivery by the end of 2027, DG Fuels is planning to deliver 55 million gallons of SAF annually for seven years. Although these technologies arestill in the early stages ofdevelopmentandarenot expected to enter service anytime soon, Delta isevaluating partnershipstoaccelerate andsupport their advancement. Delta and Airbus will collaborate on industry-leading research to accelerate the development of a hydrogen-powered aircraft and the ecosystem it requires. 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. United's original purchase agreement for SAF was in 2013. Commitment to Transparency 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-commits-set-science-based-target-align-paris-agreement. The deal is expected to reduce CO2 emissions by 1,000 metric tonnes. Read More: https://news.delta.com/delta-and-bcd-travel-sign-industry-first-global-travel-management-sustainable-fuel-agreement, Note: Delta has been publishing annual Corporate Responsibility Reports (CRRs) since 2009. Yet these newer, more efficient aircraft are needed to help the industry become more sustainable and meet net-zero emissions pledges. Dan describes a way to integrate the . 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..

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