Deutsche Post DHL Group invests US$8 billion in climate-neutral logistics

Deutsche Post DHL Group is increasing the pace of its planned decarbonization of the company. To this end, the Group is investing a total of US$8.32 billion (EUR 7 billion) (Opex and Capex) over the next ten 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 four years, the company is committing to new, ambitious interim targets. 

For example, Deutsche Post DHL Group commits as part of the Science Based Target initiative (SBTi) to reduce its greenhouse gas emissions by 2030 in line with the Paris Climate Agreement. 

The Group assumes that its emissions would be around 46 million tons in 2030 without the measures of the new sustainability roadmap. In 2020, emissions were 33 million tons. Today, the company is committed to reducing these annual Group CO2 emissions to below 29 million tons by 2030, despite the expected continued strong growth in global logistics activities.

To achieve this, Deutsche Post DHL Group will invest around US$8.32 billion (Opex and Capex) in climate-neutral logistics solutions by 2030. For short distances and the last mile, the Group is continuing to drive forward the electrification of its vehicle fleet. By 2030, 60 percent of global delivery vehicles for the last mile are to be electrically powered, hence more than 80,000 e-vehicles will be on the road. In 2020, the figure was 18 percent.

On longer routes, especially in air transport, electric drives are not an alternative for the foreseeable future. That is why Deutsche Post DHL Group is pushing for the development and use of fuels produced from renewable energies.

By 2030, at least 30 percent of fuel requirements in aviation and line haul are to be covered by sustainable fuels. In addition, the Group is investing in environment friendly properties (office space, mail and parcel centers, and logistics warehouses). All new buildings will be climate-neutral.

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