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.
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  • Expands Delta's comprehensive approach to accelerating the transition to a more sustainable economy 

  • Bolsters multibillion-dollar climate impact fund dedicated to scaling sustainable solutions  

  • Reinforces efforts to increase demand and create robust markets for climate innovation 

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. The fund was launched in 2021 by the global alternative asset manager, TPG. 

TPG Rise Climate targets sustainable solutions in clean energy, decarbonized transport, greening industries and agriculture & natural solutions. It brings capital, innovation and accountability to investments in meaningful decarbonization solutions that demonstrate positive long-term impact in the fight against climate change. Its backers include some of the world's largest institutional investors and over 20 global Fortune 500 companies.  

“This partnership is critical to advancing the solutions for tomorrow that need investing today. Through this investment, our pension fund is not only putting capital directly behind technologies that could create decarbonizing solutions, but also have quantifiable emissions reduction potential across the climate continuum," said Amelia DeLuca, Delta's Vice President of Sustainability. "Investing in TPG Rise Climate is the next step on our Flight to Net Zero as we work to decarbonize our operations while supporting promising solutions for the future." 

Along with the launch of the new impact fund, Delta will participate in the TPG Rise Climate Coalition. The group, made of the TPG Rise Climate's existing corporate investors, will regularly convene to exchange knowledge, investment opportunities and best practices. The coalition has a shared commitment to harness the rigor of TPG's investment process to unlock technologies, scale solutions and deliver broad impact across industries worldwide. 

The announcement builds on Delta's recent joining of the First Mover Coalition, a public-private partnership and platform designed to accelerate and scale the development of breakthrough climate technologies. The investment with TPG furthers Delta’s ongoing efforts to invest in innovative solutions to combat the climate crisis while also helping drive demand to enable them to scale.

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