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Chris Hyde, managing director of transport solutions at GXO, explains how firms can unlock the potential of low-carbon logistics and move towards a more sustainable future.
As the global response to climate change ramps up and consumers expect more proactive change from the businesses they rely on, action on emissions is becoming as central to commercial operations as financial accounting.
There are many initiatives to reduce emissions that are under your direct control, like switching to renewable energy suppliers, however businesses now need to focus on a broader view of their impact, both to meet regulatory changes and make their sustainability progress more meaningful.
Logistics and transport are the source of just over a third of global CO2 emissions, making this a clear target for regulatory bodies. Outsourced logistics are a major element of overall Scope 3 emissions – all of the indirect emissions that arise across the value chain, from raw material extraction to end-of-life product disposal. Every business that stores and moves goods has a duty to reduce their environmental impact but transforming an essential function like transportation requires deep experience and expertise as well as infrastructure and investment. Read more
Source: LOGISTICS MANAGER