Skip to content
Search AI Powered

Latest Stories

Geodis says new emissions cuts will affect all three scopes

3PL pledges to trim greenhouse gas from its buildings, its vehicles, and its contractors

geodis SBT Photo.jpg

Third party logistics provider (3PL) Geodis today released new emissions reduction targets for its buildings, its vehicle fleets, and its subcontracted transportation services, covering all three “scopes” of carbon footprint measurements.

Specifically, Geodis has set targets of 42% for the reduction of the greenhouse gas (GHG)   emissions generated by its fleets of vehicles and its buildings (scopes 1 and 2) and 30% for the carbon intensity of subcontracted transport (scope 3) by 2030, by comparison with the base year 2022. 


The approach follows a process of reducing carbon emissions through the application of a science-based approach (the Science Based Targets initiative, or SBTi), in compliance with the goal of the Paris Agreement to limit global warming to 1.5° C. Accordingly, the French company has submitted its plan to the SBTi for approval. 

The plan affects the three levels of GHG emissions: Scope 1 (direct GHG emissions generated directly by fixed or mobile assets controlled by the company), Scope 2 (indirect emissions associated with the consumption of electricity, heat or steam), and Scope 3 (all other indirect emissions not included in Scope 2).

To reach its overall goals, Geodis plans to apply various optimization measures—whether they concern routing, loading, or the energy efficiency of vehicles or sites—using the digital tools that are part of the company’s ongoing innovation projects. Geodis also has a tailored approach for each scope of emissions:

First, with regard to its own fleet, the company plans to continue its transition towards alternative vehicles and modes using carbon-free or bio-sourced energies and installing suitable infrastructures for refueling and charging. As far as last-mile deliveries are concerned, GEODIS has already set a target of providing low-carbon delivery services in 40 French cities by the end of 2024.

Second, alongside the transition of its own fleet, Geodis is carrying out measures to reduce GHG emissions on all forms of transport involved in its operations. Its plan entails the use of sustainable marine fuel (SMF) and sustainable aviation fuel (SAF), giving support to customers seeking to optimize their flows and implement appropriate modal shifts, and permanent optimization of the efficiency of the resources employed (the latest generation planes, ships and vehicles; optimized loading and itineraries). This transformation depends on selecting subcontractors on the basis of their practices and commitments, and on supporting small road transport companies to help them carry out their own technological transition.

Third, reducing the carbon emissions of sites assumes a 40% improvement in overall energy efficiency as well as the availability of a minimum of 90% of low-carbon energy. Projects for new sites incorporate the most stringent environmental requirements.

“For many years, GEODIS has been working seriously alongside its customers and partners on measuring and reducing its impact on the climate,” Marie-Christine Lombard, CEO of Geodis, said in a release. “Our new goals will further speed up the process, and they establish GEODIS as one of the most committed companies. This new phase is fully in line with the Group’s ambition to make its lines of business more sustainable and to provide our customers with innovative, sustainable and ethical logistics offerings.”

 

 

 

Recent

More Stories

Just 29% of supply chain organizations are prepared to meet future readiness demands

Just 29% of supply chain organizations are prepared to meet future readiness demands

Just 29% of supply chain organizations have the competitive characteristics they’ll need for future readiness, according to a Gartner survey released Tuesday. The survey focused on how organizations are preparing for future challenges and to keep their supply chains competitive.

Gartner surveyed 579 supply chain practitioners to determine the capabilities needed to manage the “future drivers of influence” on supply chains, which include artificial intelligence (AI) achievement and the ability to navigate new trade policies. According to the survey, the five competitive characteristics are: agility, resilience, regionalization, integrated ecosystems, and integrated enterprise strategy.

Keep ReadingShow less

Featured

screen shot of returns apps on different devices

Optoro: 69% of shoppers admit to “wardrobing” fraud

With returns now a routine part of the shopping journey, technology provider Optoro says a recent survey has identified four trends influencing shopper preferences and retailer priorities.

First, 54% of retailers are looking for ways to increase their financial recovery from returns. That’s because the cost to return a purchase averages 27% of the purchase price, which erases as much as 50% of the sales margin. But consumers have their own interests in mind: 76% of shoppers admit they’ve embellished or exaggerated the return reason to avoid a fee, a 39% increase from 2023 to 204.

Keep ReadingShow less
robots carry goods through a warehouse

Fortna: rethink your distribution strategy for 2025

Facing an evolving supply chain landscape in 2025, companies are being forced to rethink their distribution strategies to cope with challenges like rising cost pressures, persistent labor shortages, and the complexities of managing SKU proliferation.

But according to the systems integrator Fortna, businesses can remain competitive if they focus on five core areas:

Keep ReadingShow less
shopper uses smartphone in retail store

EY lists five ways to fortify omnichannel retail

In the fallout from the pandemic, the term “omnichannel” seems both out of date and yet more vital than ever, according to a study from consulting firm EY.

That clash has come as retailers have been hustling to adjust to pandemic swings like a renewed focus on e-commerce, then swiftly reimagining store experiences as foot traffic returned. But even as the dust settles from those changes, retailers are now facing renewed questions about how best to define their omnichannel strategy in a world where customers have increasing power and information.

Keep ReadingShow less
artistic image of a building roof

BCG: tariffs would accelerate change in global trade flows

Geopolitical rivalries, alliances, and aspirations are rewiring the global economy—and the imposition of new tariffs on foreign imports by the U.S. will accelerate that process, according to an analysis by Boston Consulting Group (BCG).

Without a broad increase in tariffs, world trade in goods will keep growing at an average of 2.9% annually for the next eight years, the firm forecasts in its report, “Great Powers, Geopolitics, and the Future of Trade.” But the routes goods travel will change markedly as North America reduces its dependence on China and China builds up its links with the Global South, which is cementing its power in the global trade map.

Keep ReadingShow less