Use of Δ (delta) to describe alkenes
@Loong's encyclopaedic knowledge of IUPAC nomenclature prompted me to have another look through the (irritatingly unsearchable) 2013 recommendations and the 2004 draft upon which they were built.
The only use of the uppercase Δ listed is when describing a double bond that links two cyclic systems:

P.28.2.2: Ring assemblies with a double bond junction
When two cyclic systems are linked by a double bond [...] the presence of a double bond is indicated by the Greek letter Δ, and the point of attachment of the ring is given by superscript locant numbers. This method is not continued in these recommendations

The example given is 1'1-bi(cyclopentylidene) (PIN) which should be used in preference of Δ1,1'-bicyclopentylidene.

Based on this, the example given in the question, using Δ to describe an unsaturated carbonyl would appear invalid, and used for convenience rather than to convey anything specific.