GEODIS announced that the Science-Based Targets Initiative (SBTi) has approved its near-term science-based emission reduction target.

The approval of SBTi — a global organization that helps companies and financial institutions set science-based targets to reduce greenhouse gas (GHG) emissions — acknowledges GEODIS' commitment to addressing climate change and confirms that the Group's strategy aligns with the 2015 Paris Agreement, seeking to limit global temperature rise to 1.5°C by the end of this century.

On scope 1&2, GEODIS has committed, from a 2022 base year, to an absolute reduction of 42% greenhouse gas emissions (GHG) related to energy consumption by 2030.

On scope 3, GEODIS has 4 near-term targets within the same timeframe (2022-2030): an absolute reduction of GHG emissions from fuel and energy-related activities not included in scopes 1 & 2 of 25%; an intensity reduction objective of 25% GHG emissions per tkm from subcontracted container shipping, road, and rail operations, covering upstream transportation and distribution.

GEODIS is also looking at a further absolute reduction of scope 3 GHG emissions from upstream transportation and distribution of 25% (air transportation), and finally, an absolute reduction of 42% GHG emissions for the use of sold products.

The transport and logistics company noted that these objectives frame the Group's comprehensive strategy to drive decarbonization across all business areas and regions. 

"In receiving this validation from the SBTi, we reinforce our determination to contribute meaningfully to the fight against climate change," said Marie-Christine Lombard, CEO of GEODIS.

"Sustainability is at the heart of our long-term strategy, and we believe that our social and environmental commitment will benefit not only our operations but also the customers, partners and communities we serve," she added.

The company has mapped out clear decarbonization pathways for each line of business, focusing on transitioning its fleet to alternative energy sources and selecting partners acting in the same direction — speeding up the ramp-up of electric technology and bio-sourced fuels and building the necessary infrastructure to support these changes.

In addition to transforming our own fleet, GEODIS is also committed to reducing emissions across all forms of transport in our operations, said Virginie Delcroix, executive vice president of Sustainability at GEODIS.

"By using the best transport mode combination, increasing the use of sustainable marine and aviation fuels, and optimizing the efficiency of all transport resources, we support our customers in meeting their own climate goals. We are proud to have our targets validated by the SBTi," she added.

GEODIS said its climate action extends beyond fleet decarbonization. It also includes plans to reduce carbon emissions at company sites by 2030, targeting a 40% improvement in energy efficiency and ensuring that at least 90% of energy used comes from low-carbon sources.

All new site projects incorporate stringent environmental criteria.

"To ensure the long-term success of these initiatives, GEODIS leverages digital tools for optimizing routing, loading, and energy efficiency and continuously drives awareness campaigns to empower its teams with climate knowledge," the announcement said.

Environmental factors are also considered in key decision-making processes, such as investments and acquisitions.