The Science Based Targets initiative (SBTi) has approved GeoPost/DPDgroup’s near- and long-term science-based reduction pathway, by reducing its absolute greenhouse gas (GHG) emissions across Scopes 1, 2 and 3. GeoPost/DPDgroup is now projected to contribute to the effort to limit global temperature rise to 1.5 °C.
The pathway details GeoPost/DPDgroup’s commitment to reaching net zero greenhouse gas (GHG) emissions across its supply chain by 2040. The company has also committed to reducing absolute Scope 1 and 2 GHG emissions and Scope 3 GHG emissions from fuel and energy-related activities, upstream transportation and distribution, and upstream leased assets by 43% by 2030. It also plans to reduce Scope 1, 2 and 3 GHG emissions by 90% by 2040.
To achieve these net zero science-based targets by 2040, the company will electrify its first- and last-mile delivery fleet by increasing the share of transportation solutions (including electric vans, cargo bikes and delivery on foot) to 85% by 2030 (100% by 2035). It will also look to diversify the line haul fleet to include alternative powertrain technologies such as biogas, biofuel, and electric- and hydrogen-powered trucks, as well as shifting more parcels to rail to increase the share of alternative transportation solutions to 50% by 2030, followed by 100% by 2040.
Similarly, GeoPost/DPDgroup will switch its power logistics sites and offices to renewable energy, with the aim of using 70% of energy from renewable sources by 2030, and increasing this to 100% by 2035. The company will also electrify its company cars and on-site freight by increasing the share of electric vehicles to 90% by 2030 (100% by 2035).
Yves Delmas, CEO of GeoPost/DPDgroup, said, “The approval of our net zero plan is a strong recognition of the efforts we have been making and will continue to make toward a sustainable future. Thanks to the tremendous dedication of our teams, I am confident that we will meet both our near- and long-term targets. We take pride in building a net zero emissions delivery business for the planet, for our communities and for our customers.”
Today, the transport and logistics sector contributes around 24% of global CO2 emissions. However, the European Environment Agency warns that without significant and effective actions, logistics could account for up to 40% of global carbon dioxide emissions by 2050.
Tech giant, Amazon, is investing significantly into emission reduction, having rolled out a new electric delivery fleet across the US. Elsewhere, Royal Mail is continuing to expand its EV fleet.
