UPS Releases Latest Sustainability Report With Ambitious Targets
(3BL Media/Justmeans) - What does a courier company do to make its business more sustainable? Invest in renewable energy and clean vehicles to ride into a cleaner future. UPS has just announced a new, comprehensive strategy laid out in its 2016 Corporate Sustainability Report, where it reinforces its commitment to achieve a 12 percent reduction in GHG emissions from ground operations by 2025 resorting to clean energy and technologies. To design its plan, the company has used a methodology approved by the Science Based Targets initiative.
One of the most ambitious aspects of UP's strategy is to boost the share of renewable energy to 25 percent by 2025, a huge increase compared with 0.2 percent in 2016. UPS also intends to reach by that date a 25 percent rate of new vehicles witth alternative fuel, up from 16 percent last year. Still regarding fuel, UPS has set a goal of 40 percent for all fuel used in ground vehicles to come from non-fossil sources, up from 19.6 percent in 2016.
These numbers could have a significant impact if we consider the size of UPS's operations. Already the company operates more than 8,300 alternative fuel and advanced technology vehicles all over the world. Its fleet uses a wide range of alternative fuels from electric and hybrid electric vehicles to hydraulic hybrid, compressed natural gas (CNG), liquefied natural gas (LNG), propane and lightweight fuel-efficient composite body vehicles. UPS also uses lower-carbon footprint renewable diesel and renewable natural gas (RNG).
These figures are a result of more than $750 million of investment UPS has made since 2009. It recently made an $18 million investment in on-site solar energy systems in eight of its facilities. UPS uses its Rolling Laboratory approach to determine which alternative fuels and technologies work best in each situation, including tried-and-tested pedaling, electric, hybrid electric, natural gas, renewable natural gas, propane and renewable diesel.
Looking further into the future, UPS envisages a scenario of smart logistics network of advanced technology vehicles and facilities powered by various energy sources, including on-site solar, off-site wind, renewable natural gas, renewable hydrogen, and renewable diesel delivered via what it calls 'advanced energy system infrastructure'. Some of these technologies are already deployed but UPS wants to expand them to its global fleet.
“Because of our size and scale, we know our commitments can shape markets, advance technologies and be a catalyst for infrastructure investments,” David Abney, UPS Chairman and CEO said in a statement. “We rely on the ingenuity of our employees, suppliers and technology partners to help us reach goals that will transform the shipping industry and spur innovation.”
Besides sustainability efforts, the report also outlines socially responsible initiatives, such as volunteerism, donations to humanitarian organizations and community safety programs through the UPS Foundation. The programs provide support to many communities and leverages the company's logistics to deliver blood, medicine and vaccines in remote regions where relief organizations operate.
To download the full report, follow the link.
Image credit: UPS