DHL invests €7bn in climate-neutral initiatives

Deutsche Post DHL Group is decarbonising faster, investing a total of €7 bn over the next ten years in measures to reduce emissions.

The funds will flow in particular into alternative aviation fuels, the expansion of the zero-emission e-vehicle fleet to 80,000 vehicles and climate-neutral buildings. Its zero emissions target of 2050, which has already been in force for four years, has now gained interim targets and the company has committed to Science Based Target initiative (SBTi) targets to reduce its greenhouse gas emissions by 2030 in line with the Paris Climate Agreement.

The climate targets are part of DHL Group's new sustainability roadmap, and at the next AGM the board will propose that the board remuneration system will be aligned even more closely with sustainable business development.

"As the world's largest logistics company, it is our responsibility to lead the way and guide the logistics industry into a sustainable future. We are turning our yellow group into a green company and making an important contribution to our planet and society," said Frank Appel, CEO of Deutsche Post DHL Group. "I am convinced that by focusing even more on our ESG goals, we will remain the first choice for customers, employees and investors - and thus lay the foundations for long-term economic success."

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