Scheduled for announcement in Q1 2020, the specific targets will be in line with what climate science says is necessary to limit global warming to 1.5 °C. “As a global transport and logistics company, we have a global impact. With that comes great responsibility”, says CEO Jens Bjørn Andersen and adds: “By committing to Science Based Targets, DSV Panalpina will have an ambitious and clear direction for the management of emissions. It’s a statement to say that we intend to lead the way in our industry. Failure is not an option.”
The Science Based Targets will specify how much and how quickly DSV Panalpina needs to reduce emissions. The targets will serve as a baseline for the Group’s future efforts within sustainability, both for the company’s direct emissions, scope 1 and 2, and for its indirect scope 3 emissions, which include subcontracted transports. “Setting science-based targets adds real meaning to reducing emissions and goes beyond good intentions”, says Jesper Petersen, Senior Director, Group CSR and explains: “This commitment establishes something scientific to measure our progress against. Once our targets are set and approved, every company and employee of the Group will have to contribute to achieving them.
We will have to start working in new ways and think innovatively in our collaboration with our business partners.” With innovative solutions and a target for reduction of scope 3 emissions, DSV Panalpina will also be able to support our customers to drive down their CO2 emissions, making it a win-win for both parties.
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