Mission 2050 - Deutsche Post DHL's path to carbon neutral logistics

<p> <em>Deutsche Post DHL Group is the world’s leading logistic company. </em><em>The Group connects people and markets and is an enabler of global trade. It aspires to be the first choice for customers, employees and investors worldwide. To this end, Deutsche Post DHL Group is focusing on growth in its profitable core logistics businesses and accelerating the digital transformation in all business divisions. The Group contributes to the world through sustainable business practices, corporate citizenship and environmental activities. By the year 2050, Deutsche Post DHL Group aims to achieve zero emissions logistics. Deutsche Post DHL Group is home to two strong brands: DHL offers a comprehensive range of parcel and international express service, freight transport, and supply chain management services, as well as e-commerce logistics solutions. Deutsche Post is Europe’s leading postal and parcel service provider. Deutsche Post DHL Group employs approximately 550,000 people in over 220 countries and territories worldwide. The Group generated revenues of more than 63 billion Euros in 2019.</em> <em> </em> <em>Deutsche Post DHL Group’s greenhouse gas footprint was 28.95 million tonnes CO2e in 2019. We acknowledge our responsibility to tackle climate change and have committed to net-zero emissions by 2050 in 2017. We do not only rely on the further development of technologies to reduce our carbon footprint but also on collaboration with our customers and transport partners to achieve the aspired emission reduction. Less knowingly, companies like Deutsche Post DHL group need suitable and reasonable standards for carbon accounting to allocate emissions reduction to the party funding them. Based on the rationale that emissions reduction is not always possible or reasonable where the funds are located but at another location, the concept of carbon offsetting was invented based on the rules set out by the Kyoto Protocol. Carbon offsetting has never been acknowledged in international carbon accounting standards such as the greenhouse gas protocol. The rationale behind this is the target to drive emissions reduction in each and every emitting sector. This is why we call for a new approach to enable faster emissions reduction called insetting. With this approach, emissions reduction become tradable within the sector and independent of local availability of carbon reducing technologies, each and every emitter can contribute to reducing emissions in their sector.</em></p>