DHL invests 200 mn. € to decarbonize buildings and cargo transport

DHL Group's logistics subsidiary, DHL Supply Chain, recently announced the launch of a new global Green Transport Policy, which could help set a global sustainability standard for the whole company and dramatically reduce carbon emissions. Thus, DHL Group will look to invest 200 million euros in fossil fuel alternatives over the next three years.

ESG Today reports that the release of the new policy follows DHL's sustainability roadmap, released back in 2021, by which company officials pledged 7 billion euros over a decade in order to cut back on CO2 emissions. Back then, the focus of the company was on modernizing its fleet of vehicles, crucial to DHL's operations, converting them to electric variants, as well as using clean aviation fuels.

At the same time, carbon-neutral buildings also made it in long-term plans to reduce emissions and to help DHL become a more sustainable logistics company worldwide.

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Oscar de Bok, DHL Supply Chain's CEO, said that 30% of the company's fleet of vehicles will be running on alternative fuels by 2026. Besides the 200 million euros investment, 2.000 of DHL's fossil-powered vehicles are to be converted to models running on alternative power sources, such as batteries, hydrogen or biogas.

According to DHL estimates, the new measures will reduce the company's footprint by about 300.000 tons of CO2 emissions or about as much as 2.200 trucks would generate if driven for a year over a distance of 500 kilometers every day.

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