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Sustainability

Science Based Targets initiative approves GeoPost/DPDgroup’s 2040 net-zero pathway

mmBy Elizabeth BakerFebruary 21, 20232 Mins Read
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Following a careful review, 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 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 the value chain by 2040. The company has also committed to reducing absolute Scope 1 and 2 GHG emissions and absolute Scope 3 GHG emissions from fuel and energy-related activities, upstream transportation and distribution, and upstream leased assets by 43% by 2030. It has also outlined plans to reduce absolute Scope 1, 2 and 3 GHG emissions by 90% by 2040.

To achieve its net-zero science-based targets by 2040, the company will focus on electrifying its first- and last-mile delivery fleet by increasing the share of alternative 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 linehaul 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 linehaul transportation solutions to 50% by 2030 (100% by 2040).

Similarly, GeoPost/DPDgroup will switch its power logistics sites and offices to renewable energy to drive energy efficiency, with the objective of using 70% of energy from renewable sources by 2030 (100% by 2035). The company will also electrify its fleet of 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.”

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