#France #SBTi #GEODIS #Levallois-Perret #Paris Agreement

GEODIS Validates Climate Commitments with SBTi Approval

In a significant move towards a sustainable future, GEODIS, a leading global logistics provider, proudly announced the approval of its near-term science-based emissions reduction target by the Science Based Targets Initiative (SBTi). This validation confirms the company's commitment to combating climate change and aligns with the goals set forth in the 2015 Paris Agreement, focusing on limiting global temperature rise to 1.5°C by the end of the century.

Comprehensive Strategy for Emission Reduction

GEODIS has laid out ambitious goals, particularly focusing on Scope 1 and 2 emissions, with a target to reduce greenhouse gas (GHG) emissions related to energy consumption by 42% from a 2022 baseline by the year 2030. Additionally, the company has established four near-term goals within the Scope 3 category. These include a 25% absolute reduction of GHG emissions from fuel and energy-related activities, a similar 25% reduction in GHG emissions per ton-kilometer for activities involving subcontracted container shipping, and an overall 25% reduction in emissions from upstream transportation and distribution, particularly air freight. Furthermore, an impressive goal of achieving a 42% reduction in GHG emissions associated with the use of its sold products has also been set.

Driving Decarbonization Across Operations

Marie-Christine Lombard, the CEO of GEODIS, emphasized that receiving validation from the SBTi reinforces the company’s determination to contribute meaningfully to the fight against climate change. The company believes that sustainability is central to its long-term strategy, ultimately benefiting its operations, customers, and the communities it serves.

To facilitate this transition, GEODIS has mapped pathways to decarbonization for each of its business lines, with a major focus on moving its fleet towards alternative energy sources. This strategy encompasses accelerating the adoption of electric technologies, bio-sourced fuels, and building necessary infrastructure to support these advancements. In addition to updating its fleet, GEODIS is dedicated to optimizing transport efficiency across all modes and showcasing sustainable practices to assist its customers in achieving their own climate action goals.

Enhancing Sustainability Beyond Fleet Operations

GEODIS's efforts extend beyond just fleet transformation. The company aims to achieve a 40% improvement in energy efficiency across its sites by 2030, ensuring that at least 90% of energy utilized originates from low-carbon sources. New site projects will adhere to strict environmental criteria, further reinforcing the organization’s commitment to sustainability.

Digital tools are being employed to optimize routing and improve energy use efficiency. Moreover, GEODIS is conducting continuous awareness campaigns aimed at enhancing climate literacy among its employees, ensuring that everyone is on board with the company’s sustainability objectives. The leadership team is directly involved, as climate-related factors have been integrated into the compensation structure for senior executives, emphasizing the importance of environmental considerations in decision-making processes.

Conclusion

With these comprehensive measures in place, GEODIS demonstrates its unwavering dedication to addressing climate change and contributing to the global endeavor of reducing emissions. With nearly 170 countries in its operational network and a workforce of 53,000 employees, GEODIS is on the front lines of sustainable logistics practices. The company has consistently ranked fifth worldwide in its sector, with revenues reaching €11.6 billion in 2023. As GEODIS moves forward, it exemplifies how large organizations can embrace sustainability and drive positive changes through decisive action and a commitment to environmental responsibility.