Global logistics provider Geodis has announced a series of climate targets, including a commitment to reduce emissions generated by its vehicle fleets and its buildings, or Scope 1 and 2 emissions, by 42%, and reduce the carbon intensity of transport subcontracted by 30% by 2030, compared to 2022.
The launch of the new goals comes as companies globally are increasingly focusing on supply chain sustainability, including the climate impact of value chains including shipping and logistics.
Marie-Christine Lombard, CEO of Geodis, said:
“This new phase is fully aligned with the Group’s ambition to make its business lines more sustainable and to provide our customers with innovative, sustainable and ethical logistics offers.”
Geodis outlines several of the key initiatives it will pursue to achieve its emissions reduction targets, including transitioning its fleet to alternative vehicles and modes that use carbon-free or bio-based energy and installing suitable infrastructure for refueling and loading. The company has set a goal of providing low-carbon last-mile delivery services in 40 French cities by the end of 2024. It also plans to use sustainable marine fuel (SMF) and sustainable aviation fuel (SAF), supporting customers that seek to optimize their flows and implement appropriate modal shifts, and optimize resource efficiency, through the use of state-of-the-art planes, ships and vehicles and optimized cargo and itineraries. Geodis added that it will select subcontractors based on its own practices and commitments, and will support small trucking companies in carrying out their own technology transition.
Geodis highlighted that its senior executives have climate criteria incorporated into the variable portion of their compensation, and that environmental-related criteria are taken into account in decision-making processes associated with acquisitions and investments.
The company said its new targets have been submitted to the Science Based Targets Initiative (SBTi) for approval.
