Achieving net-zero emissions by 2040
GEOPOST’S 2040 NET-ZERO PATHWAY ENDORSED BY THE SCIENCE BASED TARGETS INITIATIVE
GEOPOST’S 2040 NET-ZERO PATHWAY ENDORSED BY THE SCIENCE BASED TARGETS INITIATIVE
Geopost is the first global parcel delivery company to have both its near and long-term CO2 emissions reduction targets approved by the Science Based Targets initiative (SBTi).
Driving emission reductions across our value chain
IF WE CAN DO MORE, WE SHOULD
Being committed to net zero by 2040 means focusing on reducing our greenhouse gas emissions as quickly and fully as we can. By deciding to stop offsetting emissions from parcel deliveries made in 2024 onwards, we are accelerating our decarbonisation plans. We’ll continue to invest in decarbonising our pickup and delivery, linehaul and building operations by moving away from fossil fuels. To date, we have 9,172 low-emission delivery vehicles and serve 80% of our sites’ electricity needs through renewable sources.
IF WE CAN DO MORE, WE SHOULD
Being committed to net zero by 2040 means focusing on reducing our greenhouse gas emissions as quickly and fully as we can. By deciding to stop offsetting emissions from parcel deliveries made in 2024 onwards, we are accelerating our decarbonisation plans. We’ll continue to invest in decarbonising our pickup and delivery, linehaul and building operations by moving away from fossil fuels. To date, we have 9,172 low-emission delivery vehicles and serve 80% of our sites’ electricity needs through renewable sources.
Investing in faster change
CARBON BUDGETING FOR NET ZERO
CARBON BUDGETING FOR NET ZERO
To drive the change that decarbonises our operations, our financial and sustainability targets must go hand-in-hand. That’s why our Finance and Sustainability teams worked together to create an innovative annual carbon budget that sets yearly maximum CO2 emissions targets for each business unit. Guided by these targets, our business units can more clearly manage their emissions and any associated investments to ensure they meet the decarbonisation trajectory set out by our group-wide SBTi-approved targets. The budget demonstrates our commitment to embedding sustainability into more traditional business processes and allows us to compare the costs of different carbon-reduction measures so that we can roll out the most effective initiatives.
Helping customers reduce carbon emissions
WITH OUR CARBON CALCULATOR
To meet the goals of the Paris Agreement, almost every business needs to cut its carbon footprint. But according to the World Resources Institute, 75% of a company’s impact lies within its supply chain, over which it generally has less direct control. We’re helping foster better business by sharing our expertise in delivery, e-commerce and sustainability as a guiding partner for our customers on their decarbonisation journeys. The Carbon Calculator we launched in 2023 supports this by enabling shippers to access and analyse their emissions in near real-time. Built with our customers and accredited by the Smart Freight Centre, the tool tracks parcels through our network, providing shipment-specific emissions data. Already available across 20 European business units, the calculator ensures that as we reduce our emissions, so do our customers. Our Carbon Calculator is based on EN 17837:2023, a standard which we were involved in developing and which, for the first time, enables parcel delivery services to calculate more accurate, per-parcel emissions.
WITH OUR CARBON CALCULATOR
To meet the goals of the Paris Agreement, almost every business needs to cut its carbon footprint. But according to the World Resources Institute, 75% of a company’s impact lies within its supply chain, over which it generally has less direct control. We’re helping foster better business by sharing our expertise in delivery, e-commerce and sustainability as a guiding partner for our customers on their decarbonisation journeys. The Carbon Calculator we launched in 2023 supports this by enabling shippers to access and analyse their emissions in near real-time. Built with our customers and accredited by the Smart Freight Centre, the tool tracks parcels through our network, providing shipment-specific emissions data. Already available across 20 European business units, the calculator ensures that as we reduce our emissions, so do our customers. Our Carbon Calculator is based on EN 17837:2023, a standard which we were involved in developing and which, for the first time, enables parcel delivery services to calculate more accurate, per-parcel emissions.
Innovating in the last mile
WITH SMART LOGISTICS
WITH SMART LOGISTICS
Business logistics and transportation keep cities alive. Smart cities use innovation and technology to boost efficiency, reduce carbon emissions and improve quality of life. Our urban delivery initiatives across Europe reflect this. We’ve deployed autonomous delivery robots with Cartken in the UK, completing over 2,500 delivery trips in a successful pilot. These robots will soon expand to 10 more towns and cities. Additionally, we recently celebrated our 100,000th th Pickup point in Europe, with lockers and in-store collection points now accounting for 23% and 24% of delivery location preferences respectively, reducing congestion and improving air quality in urban areas. In 2023, we introduced multi-service lockers for fresh produce and fitting rooms at parcel collection points in Germany, Croatia, and Poland, further enhancing convenience and efficiency.