Companies news

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

• In a context of rapid growth in the e-commerce and parcel delivery sectors, GeoPost/DPDgroup has today submitted both a near-term 2030 decarbonization and an ambitious long-term 2040 net-zero target for approval by the Science Based Target initiative (SBTi). This step demonstrates GeoPost/DPDgroup’s ambition to lead on net-zero emissions in the European parcel delivery market.
• As a pioneer in its sector, the company is taking decisive action to achieve net-zero emissions by 2040 and commits to reduce its scope 1, 2 and 3 greenhouse gas (GHG) emissions by 43% by 2030 and 90% by 2040 from a 2020 baseline– 10 years ahead of the Paris Agreement.
• SBTi provides companies with a clearly defined path to reduce emissions in line with the goals of the Paris Agreement. GeoPost/DPDgroup expects to achieve SBTi approval in early 2023.

Today, GeoPost/DPDgroup submitted a net-zero ambition to the Science Based Target initiative, marking a further step on its climate action journey. The company has submitted a near-term science-based target for 2030 in addition to its target to reach net zero emissions by 2040, 10 years ahead of the Paris Agreement, thus enhancing its overall decarbonization ambition.

GeoPost/DPDgroup reaffirms its ambition to become the international reference in sustainable delivery amid rapid business growth. In this context, the company will contribute to limiting global temperature increases to 1.5°C by accelerating its greenhouse gas (GHG) emissions reduction plan.

To mark its leadership, the company is taking decisive action to achieve net-zero by 2040, and commits to drastically reduce its scope 1, 2 and 3* greenhouse gas (GHG) emissions:

• by 43% by 2030 from a 2020 baseline

• by 90% by 2040 from a 2020 baseline

• the company will also neutralise all residual emissions (around 10%) through relevant offsetting projects from 2040 onwards.

Commenting on this key announcement for the company, Yves Delmas, Chief Executive Officer of GeoPost/DPDgroup, says:

“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.”