LOGISTICS company DHL Group is investing a total of €7 billion (opex and capex) over the next 10 years in measures to reduce its carbon emissions. The funds will flow in particular into alternative aviation fuels, the expansion of the zero-emission e-vehicle fleet and climate-neutral buildings.
The company is still targeting zero emissions by 2050, a goal that has already been in place for the past four years. However, it is committing to new, ambitious interim targets.
For example, DHL Group commits as part of the acclaimed Science Based Target initiative (SBTi) to reduce its greenhouse gas emissions by 2030 in line with the Paris Climate Agreement.
The climate targets are part of the group’s new sustainability roadmap, in which the company sets out its ESG goals. In addition to its commitment to the environment, the group also defines clear targets and measures in the areas of social responsibility and governance.
For short distances and the last mile, the group is continuing to drive forward the electrification of its vehicle fleet. By 2030, 60% of global delivery vehicles for the last mile are to be electrically powered, hence more than 80,000 e-vehicles will be on the road. In 2020, the figure was 18%.
On longer routes, especially in air transport, electric drives are not an alternative for the foreseeable future. That is why DHL Group is pushing for the development and use of fuels produced from renewable energies: By 2030, at least 30% of fuel requirements in aviation and line haul are to be covered by sustainable fuels.
The board of management and supervisory board of DHL Group will propose to shareholders at the next Annual General Meeting that the remuneration system for the board of management be aligned even more closely with sustainable business development.
Frank Appel, CEO of Deutsche Post DHL Group said, “As the world’s largest logistics company, it is our responsibility to lead the way and guide the logistics industry into a sustainable future.
“We are turning our yellow group into a green company and making an important contribution to our planet and society.
“I am convinced that by focusing even more on our ESG goals, we will remain the first choice for customers, employees and investors – and thus lay the foundation for long-term economic success.”