Mar 23, 2021

Deutsche Post doubles down on company decarbonation goals

DeutschePostDHLGroup
Sustainability
climateneutral
Logistics
Kate Birch
2 min
Delivering ambitious new sustainability targets, Deutsche Post announces Science Based Targets and investment of €7 billion in climate-neutral logistics
Delivering ambitious new sustainability targets, Deutsche Post announces Science Based Targets and investment of €7 billion in climate-neutral logisti...

Deutsche Post DHL Group has announced it is doubling down on its sustainability goals in order to fast-track decarbonisation of the company. 

Four years into its original sustainability commitments of reaching zero emissions by 2050, the world’s largest logistics company has renewed its targets, and announced plans to reach climate-neutral logistics by 2030

Investing billions in climate neutrality

To do this, the company says it will invest €7 billion over the next 10 years, funnelling the funds into aviation fuels, the expansion of the organisation’s zero-emission e-vehicle fleet and climate-neutral buildings.

Furthermore, the Group has pledged new, ambitious interim targets, committing to the well-regarded 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 these new measures. 

The company stated that in future, the achievement of ESG targets will be taken into account when calculating the renumeration of the Board of Management, a clear signal that the commitment to sustainable business is a top priority at Deutsche Post DHL Group. 

Taking responsibility for guiding “the logistics industry into a sustainable future”, the Group's CEO Frank Appel stated he was convinced that by “focusing even more on our ESG goals, we will remain the first choice for customers, employers and investors, and thus lay the foundations for long-term economic success”. 

Commitment to sustainability has been integral to the Group’s culture since 2008, and in 2017, it became the first logistics company worldwide to set a target of reducing its greenhouse gas emissions to net zero by 2050. To do this, the company offers numerous innovative solutions to make supply chains more sustainable and help its customers achieve their environmental goals. 

Expanding on social contributions

But that’s not all. The Group also intends to expand on its social contribution to society in the coming years and has committed to investing 1% of its net profits annually in its social impact programmes nad initiatives. 

These include the GoTrade programme, which gives SMEs from developing countries access to global markets; the GoHelp diaster response program that provides emergency logistical assistance quickly and free of charge in the event of a disaster; and the GoTeach program, which improves the employability of young people living in social disadvantaged circumstances. 

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May 21, 2021

Four CPG giants to fund sustainable accelerator programme

Sustainability
accelerator
incubator
ABInbev
Kate Birch
3 min
With the aim of fast-tracking a shift towards sustainable solutions, Coca-Cola, Unilever, Colgate Palmolive and AB InBev partner to fund innovations

Breakthrough ideas can come from anywhere and anyone. That’s the premise behind the coming together of The Coca-Cola Company, Unilever and Colgate-Palmolive in the funding and support of world-leading brewer AB InBev’s 100+ Accelerator program.

These four consumer packaged goods multinationals will leverage both their size and resources to fast-track a shift toward sustainable solutions by mobilising some of the world’s sharpest thinkers to solve some of the world’s most pressing sustainability challenges.

The aim of this collaboration is to “supercharge adoption of sustainable solutions by funding the accelerating fantastic innovations that will change the world by making all of our businesses more sustainable”, says Tony Milkin, chief procurement, sustainability and circular ventures officer at AB InBev.

“Sustainable business is smart business, and we are working to solve huge problems that no one company can handle alone. With our combined global reach, we can accelerate progress towards a more sustainable future.”

What is the 100+ Accelerator program?

Originally launched in 2018, 100+ Accelerator is a global incubator program that aims to solve key supply chain challenges across water stewardship, circular economy, sustainable agriculture and climate action.

It offers size and scale to passionate entrepreneurs to help bring their solutions to market faster, and the program’s first two cohorts have already piloted 36 innovations in 16 countries, with participating startups raising more than US$200m to help them scale globally.

Among the established innovators are those already creating huge impact on sustainability, with projects including the first solar thermal plant in Africa, recycled electric vehicle batteries that store renewable electricity in China, and upcycling saved grains from the brewing process to produce nutritious foods in the US.

  • The implementation of green cleaning solutions to reduce water and energy use in brewing operations in Colombia
  • Solutions delivering traceability and insurance for smallholder farmers in Africa and South America
  • The collection of more than 1,000 tons of glass waste in Brazil
  • Piloting returnable packaging in the United States
  • Recycled electric vehicle batteries that store renewable electricity in China
  • The ability to upcycle saved grains from the brewing process to produce nutritious foods in the United States
  • The first solar thermal system to be installed at an AB InBev plant

How will the new program work?

So, how does it work? Applications are invited from entrepreneurs or small businesses (deadline for cohort 3 is May 31 2021) and the partners will choose 20-25 ideas which are then provided with funding.

Project aligned with goals of the CPG multinationals

The participation by all three consumer packaged goods giants is in line with each of their own sustainability goals, with each passionate about transforming global supply chains towards a greener future, and knowledgeable that “we can achieve our purpose faster and more effectively with equally committed partners”, says Patricia Verduin, CTO of Colgate.

Since launching its World Without Waste sustainable packaging platform, Coca-Cola has actively engaged the startup community for inspiration and innovation and is an inaugural investor in Circulate Capital, a fund launched in 2019 focused on ventures, infrastructure and innovations preventing the flow of plastic into oceans.

The program’s social inequality component is also aligned with Unilever’s values. “This year, we made commitments to ensure that everyone who directly provides us with goods and services receives a living wage by 2030,” says Marc Engel, chief supply chain officer of Unilever. But that’s not all. “We’re increasing our spend with suppliers from underrepresented groups and committed to train 10 million young people.”

 

 

 

 

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