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Global trade is the lifeblood of modern economies, but the logistics that underpin it often leave a hefty environmental and social footprint. If the logistics sector is going to drive positive change, companies like ours must lead the charge. For us sustainable logistics is not just a buzzword, but a business imperative.
Sponsored: Heightened visibility of the global supply chain creates opportunity — and demand — for transformative solutions to mitigate environmental impacts.
The logistics and transportation sector contributes more than one-third of the world’s carbon emissions, according to the IEA. Advanced logistics software, route optimization, and predictive analytics help in identifying efficient routes and anticipating disruptions.
Companies need to reduce their logistics emissions to meet decarbonization targets, but a new McKinsey survey finds that few companies have clear plans to do so. What is the best path forward?
Seeking to revolutionize and decarbonize the agricultural machinery market, CNH brand, Case IH , presents its ethanol-powered machinery project. In addition, it can reduce operating costs with transportation and logistics and have fewer price fluctuations in relation to petroleum products.
KKR recently identified decarbonization , and the large scale brown-to-green transition of asset-heavy sectors in particular, as a key mega-theme driving investment opportunities. Founded in 1935, Milton Keynes, UK-based Dawsongroup offers specialist asset rental services across the European logistics sector.
Electrification isn’t the only way to decarbonize transportation and logistics, but the path your company chooses to take will depend on these factors.
But in reality, with revenues and ticket sales way down, there's only so much commercial airlines actually will do to meet decarbonization goals. More specifically, Amazon's air shipping business, which along with its entire global logistics supply chain juggernaut is booming. . Enter air cargo.
The capital investment needed to decarbonize the Canadian economy was first estimated by Corporate Knights at about $150 billion per year, and the federal government and others have since corroborated that finding. This “decarbonization capex (capital expenditure) gap” is the focus of the Climate Dollars research project at Corporate Knights.
Logistics companies have struggled to commercialize decarbonized services. A new approach could help win over customers and boost margins while reducing emissions.
Dont miss your opportunity to learn whats next in decarbonization, disclosure, nature, supply chains, strategic communications, change management and more. Decarbonize and Drawdown Focus: Energy, Nature-based Solutions, Carbon Markets Supplier Collaboration for Scope 3 Targets Moving Towards Net Zero Logistics 6.
Multinational logistics firm DP World announced the launch of a new trial carbon reduction program at its UK logistics hubs, aimed at helping cargo importers cut their emissions.
Decarbonization and Smart Logistics at DP World DP World has a clear vision for decarbonization, with ambitious goals to reduce emissions and lead the logistics industry toward a more sustainable future.
The following is adapted from State of Green Business 2020, published by GreenBiz in partnership with Trucost, part of financial information and analytics giant S&P Global.
The deal shows how companies are increasingly paying attention to ways to decarbonize transportation including buying more zero-emission commercial vehicles. German auto giant Mercedes-Benz announced its largest order of electric vehicles to date Friday: 1,800 electric delivery vans for retail giant Amazon to use across Europe.
Green logistics-focused startup shipzero announced today that it has raised €8 million (USD$8.7 Schedlbauer said: “We experience a high level of interest in our product since shippers and logistics service providers need reliable data on their emissions to remain competitive.
Global logistics giant FedEx on Wednesday announced a goal to be carbon neutral by 2040. Charging infrastructure will be a major hurdle, and opportunity, for a global logistics operator such as FedEx. Decarbonizing FedEx's airline fleet will be even more difficult than moving its trucks to batteries. Katie Fehrenbacher.
As companies around the world seek to tackle greenhouse gas emissions, mobility and logistics – including the movement of products and people in the supply chain — is emerging as a key new focus for meeting sustainability goals. But most transportation decarbonization strategies are siloed in company verticals and focused narrowly.
We're gonna double down on advocating for the decarbonization of the logistics sector. Shipping & Logistics. “But we will be looking at that footprint,” said Mozen, who noted that the company thinks one of the ways to address shipping emissions is through public policy. . There's been a lot of moves in the space right now.
We chat with two executives representing The Clean Fight NYC, a building decarbonization initiative led by New Energy Nexus and the New York State Energy Research and Development Authority. Say 'hy-drogen' to a decarbonized future. New technologies are solving logistics logjams and making it simpler to sort more materials.
The global shipping industry's decarbonization efforts once again face stormy seas. degrees [of warming] we need to decarbonize by the mid-2030s," he explained. "To To achieve 2 degrees we need to decarbonize by mid-century. degrees [of warming] we need to decarbonize by the mid-2030s. Cecilia Keating. To achieve 1.5
Despite the recycling success, however, the steel industry is increasingly facing pressure to decarbonize. The Steel Buyback Bundle Program we proposed for ArcelorMittal successfully mitigates the logistical challenges associated with the sourcing, transportation, storage and inspection of reused steel. Decarbonization.
Amazon's plans to decarbonize its shipping supply chain isn't just focused on electrifying its delivery vans. On Wednesday morning, the logistics and retail giant announced that it plans to buy 6 million gallons of bio jet fuel via a division of Shell and produced by World Energy, a big biodiesel producer. Katie Fehrenbacher.
It sheds light on key areas such as the critical role of batteries, the transformation of factory floor logistics, the changing demands for parts and maintenance, and the integration of circular economy principles. The battery supply chain for EVs is central to the industry, with batteries being the costliest component.
In a recent episode of ESG Insider from S&P Global, host Esther Whieldon strives to answer the question, What will it take to decarbonize supply chains? For example, what will it take for companies to achieve net-zero goals and decarbonize supply chains — including those involved in the hard-to-abate sectors such as transportation?
A coalition of oil and gas majors are eyeing up the potential to capture carbon dioxide emissions from ships out at sea, teaming up with global tanker owner and operator Stena Bulk to evaluate the feasibility of technology they claim could play a key role in decarbonizing the hard-to-abate sector. Shipping & Logistics. Carbon Removal.
When you think of a logistics leader like DP World, you probably imagine shipping containers and cranes not classrooms and scholarships. Offering qualifications in mechatronics and port logistics, 40% of training is conducted in DP World facilities. For DP World, its about more than corporate social responsibility.
Logistics giant DHL Group announced an expanded collaboration with renewable fuels producer Neste, including plans to offtake around 300,000 tons roughly 375 million liters of unblended sustainable aviation fuel (SAF) per year, and to explore the use of renewable diesel in DHLs road transport.
Construction decarbonization software startup Tangible announced that it has raised $3 million in a funding round, with proceeds from the funding round aimed at reducing embodied carbon in the construction and real estate industries.
Companies using AI have reported a 15% drop in logistics costs and a 35% improvement in inventory efficiency, according to McKinsey. In fact, 84% of supply chain leaders now prioritize vendors with strong decarbonization capabilities, cementing AIs role as both a cost-saver and a planet-saver. The impact is staggering.
McDonald’s and the members of its North American Logistics Council announced that they have signed virtual power purchase agreements (VPPA) sufficient to cover 100% of the restaurant giant’s U.S. logistics supply chain’s electricity load with renewable electricity.
In a significant move towards a more sustainable future, DP World and the International Renewable Energy Agency (IRENA) are joining forces to accelerate the use of renewable energy and decarbonize the ports, maritime, and logistics sectors. The maritime sector is one of the most challenging industries to decarbonize.
A Decarbonization Journey With Neiman Marcus Group. Despite these constraints, some retailers are finding ways to manage company growth and start down a path of decarbonization. Despite these constraints, some retailers are finding ways to manage company growth and start down a path of decarbonization. Tue, 01/10/2023 - 12:00.
Across all industrial sectors, new business guides for procurement are needed in order to get a better handle on decarbonization priorities, Valanko said in late May during a session at VERGE Electrify. But there are a lot of industrial operations where commercially available solutions for decarbonizing do not yet exist.
In order to deliver its targets, Unilever said its priority was to decarbonize its use of heating and cooling, including removing HFCs — harmful greenhouse gas pollutants — from its refrigerants, having already achieve 100 percent renewable electricity across its business worldwide. Climate Summit later this year. It also has set up a $1.18
By combining our efforts with a leading supply chain partner as focused on sustainability as we are, it enables us to further reduce our carbon emissions”, says Gareth Davies, Head of Global Logistics, Lenovo. We are happy to provide sustainable ocean solutions for Lenovo to further decarbonize their supply chain. About Lenovo.
Booster’s energy logistics platform and trusted service professionals are disrupting the energy supply chain, reducing emissions, and improving the competitive position of small and large customers alike,” said Matt Christensen, Managing Partner at Rose Park Advisors. Customers save time and money while advancing their decarbonization goals.
Logistics and shipping giant Deutsche Post DHL Group announced today that it is expanding its supply chain emission reduction service, GoGreen Plus, to road transport through its overland freight transport solutions division, DHL Freight. The post DHL Launches Decarbonization Service for Road Transport appeared first on ESG Today.
It's not for lack of trying, lots of really smart companies working hard, but we couldn't find a vehicle that suited our need,” said Rachey, director of global fleet and product logistics for Amazon. The existing models didn’t live up to Amazon’s range and payload demands. Pull Quote.
In the face of an environmental imperative, the global logistics and trade industry stands at a crucial crossroads. Transport and logistics are often considered hard-to-abate sectors due to their heavy reliance on fossil fuels and the technical challenges associated with electrification.
Through 2,500 hours of trial runs, the electric trailer kept food and other critical cargo fresh for the major retailers and logistics providers, bringing them closer to electrified fleets. With zero direct emissions, Thermo King’s electric trailer technology can help to significantly decarbonize the cold chain. “By
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