PR: DSV Panalpina unveils ambitious targets for reducing greenhouse gas emissions

PRESS RELEASE 

Jun 03, 2020 07:00 CEST – As one of the first companies in the logistics industry, DSV Panalpina is now specifying how much and how quickly it needs to reduce greenhouse gas (GHG) emissions as part of the Science Based Targets initiative.

In November 2019, DSV Panalpina announced that it was committing to the Science Based Targets initiative (SBTi)and that the company would develop science-based targets for reducing its carbon footprint. They are now revealing their ambitions.

DSV Panalpina commits to reducing absolute scope 1 and 2 GHG emissions 40% by 2030 from a 2019 base year. DSV Panalpina also commits to reducing absolute scope 3 GHG emissions 30% over the same target period. Scope 1 and 2 refer to emissions from e.g. offices, warehouses and company cars, while scope 3 refers to emissions from subcontracted freight transports.

In 2019, the Group’s total emissions amounted to 16 million tonnes CO2e of which the largest part was related to subcontracted freight transport. This means they must work closely with their subcontractors – shipping lines, airlines and trucking companies – in order to reach their targets.

To read the full release, please click here.