DHL to spend $8.35bn on decarbonization efforts

DHL to spend $8.35bn on decarbonization efforts

The world's leading logistics company Deutsche Post DHL Group has announced that it is increasing the pace of its planned decarbonization of the company. 

 

To this end, the group is investing a total of EUR7 billion ($8.35 billion) over the next 10 years in measures to reduce its CO2 emissions. 

 

The funds will flow in particular into alternative aviation fuels, the expansion of the zero-emission e-vehicle fleet and climate-neutral buildings. Along the way towards its zero emissions target by 2050, which has already been in force for 4 years, the company is committing to new, ambitious interim targets, the company said.

 

For example, Deutsche Post 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 Deutsche Post DHL Group's new sustainability roadmap, in which the company sets out its ESG goals for the next years. In addition to its commitment to the environment, the Group also defines clear targets and measures in the areas of social responsibility and governance.

 

The Board of Management and Supervisory Board of Deutsche Post DHL Group will propose to shareholders at the next Annual General