GeoPost / DPDgroup accelerates in the fight against climate change and submits its net-zero target to the Science Based Target initiative.

Ljubljana, August 2022 | GeoPost / DPDgroup has submitted its "net-zero" ambition to the Science Based Target initiative, which marks a further step on its climate action journey. They proposed a short-term, science-based goal for 2030 - to achieve "net-zero" emissions by 2040.

The Science Based Targets initiative (SBTi) is a global body that enables companies to set ambitious emission reduction targets based on the latest climate science. It is focused on encouraging companies around the world to halve emissions by 2030 and achieve "net-zero" emissions by 2050.

In the context of rapid growth in the e-commerce and parcel delivery sectors, GeoPost / DPDgroup has submitted its 2030 target to the SBTi for approval, as part of the ambitious long-term "net-zero" goal of 2040. This step demonstrates GeoPost / DPDgroup's ambition to we become an international reference in the field of sustainable delivery.

In order to emphasize our leading role, the company is taking decisive measures to achieve the "net-zero" goal by 2040 and is committed to drastically reducing greenhouse gas emissions:

• by 43% by 2030 compared to the 2020 baseline

• by 90% by 2040 compared to the baseline for 2020

• the company will also neutralize all remaining emissions (around 10%) through appropriate compensation projects from 2040 onwards.

Yves Delmas, CEO of GeoPost / DPDgroup, commented on this key announcement for the company:

“At DPDgroup, we are strongly committed to energy transition, in line with our leading role in the business of e-commerce and delivery solutions.  Today, we resolutely accelerate on our decarbonization pathway and commit to a more ambitious level of action. Our goal is to play a pivotal role for our customers and support them in developing an ever-more virtuous business model. It is a huge step, but I am confident we can achieve it, as our teams are fully engaged to drive change and meet the highest challenge of our times.”

GeoPost / DPDgroup accelerated path to carbon neutrality

To achieve the "net-zero" goal by 2040, the group will focus on:

• electrification of the first and last mile delivery fleet, increasing the share of alternative transport solutions (including electric vans, cargo bikes and foot delivery) to 85% by 2030 (100% in 2035);

• diversifying the liner fleet to include alternative powertrain technologies such as biogas, biofuels, electric and hydrogen trucks, and shifting more packages to rail to increase the share of alternative liner solutions to 50% by 2030 (100% in 2040);

• transition to renewable energy for powering logistics locations and offices and striving for greater energy efficiency with the goal of using 70% of energy from renewable sources by 2030 (100% in 2035);

• electrification of the company vehicle fleet by increasing the share of electric vehicles to 90% by 2030 (100% in 2035).

The "net-zero" target covers 20 of our largest business units in Europe - these are BRT in Italy, Chronopost in France, DPD Belgium, DPD Croatia DPD Czech Republic, DPD Estonia, DPD France, DPD Germany, DPD Hungary, DPD Ireland, DPD Latvia , DPD Lithuania, DPD Netherlands, DPD Poland, DPD Portugal, DPD Slovakia, DPD Slovenia, DPD Switzerland, DPD Great Britain and SEUR in Spain.

GeoPost / DPDgroup expects SBTi to confirm its carbon neutrality path by the first quarter of 2023. This important new milestone in GeoPost / DPDgroup's carbon neutrality strategy is in line with La Poste Groupe's goal of achieving "net-zero" emissions before 2050.

Sustainability at the heart of the GeoPost / DPDgroup strategy

As the largest parcel delivery network in Europe, the company has experienced strong and rapid growth in recent years. Since 2012, GeoPost / DPDgroup has continuously implemented important measures to achieve a more sustainable future:

• the group has been carbon neutral since 2012 and offsets all its remaining emissions from transport and buildings with credible, certified renewable energy projects in Brazil, India and Indonesia;

• the group is on track to deliver exclusively low-emissions to 350 cities across Europe by 2025 – via 15,000 low-emission delivery vehicles, 6,700 charging points and 250 city depots;

• this will result in an 83% reduction in carbon emissions and a 95% reduction in air pollutants in the target cities;

• in addition, considering the impact of air quality on human health, GeoPost / DPDgroup is working with Pollutrack to monitor air quality in 20 European cities until the end of 2022.

You can read more about our initiatives and sustainable achievements at: https://www.dpd.com/si/en/company/sustainability/.