Monday, July 15, 2024
HomeAll NewsSustainable Aviation Fuel (SAF)DHL Express and Bank of the Philippine Islands collaborates to reduce carbon...

DHL Express and Bank of the Philippine Islands collaborates to reduce carbon emissions by using sustainable aviation fuel

DHL Express has entered into an agreement with the Bank of the Philippine Islands (BPI) to achieve a 90% reduction in annual greenhouse gas (GHG) emissions from shipping documents using DHL Express’ GoGreen Plus service, reported Punto.com.

The GoGreen Plus service, a global initiative by DHL, marks a significant stride towards sustainability by transitioning from conventional jet fuel to Sustainable Aviation Fuel (SAF). SAF is derived from sustainable sources such as used cooking oil and food waste, aligning with DHL Group’s ambition to achieve net-zero emissions by 2050.

“This partnership with BPI represents a positive move forward. Together, we aim to enhance the sustainability of international express shipping. We hope this collaboration will encourage other businesses to adopt low carbon emission transportation solutions utilizing sustainable aviation fuel,” stated Nigel Lockett, DHL Express Philippines Country Manager.

“GoGreen Plus empowers our customers to reduce their Scope 3 emissions, which include indirect greenhouse gas emissions across the value chain, particularly in transportation and distribution. This initiative helps BPI mitigate the carbon footprint associated with their shipments,” added Roderick Queppet, DHL Express VP for Commercial.

“Through this partnership, BPI and DHL Express aim to establish a new benchmark for sustainability in the logistics and banking sectors. This joint effort is in alignment with Sustainable Development Goals (SDG) 13, focusing on climate action, and SDG 17, emphasizing partnerships to achieve sustainable objectives,” commented Eric Luchangco, BPI Chief Finance Officer and Chief Sustainability Officer.

In 2023, DHL Express launched the GoGreen Plus service, enabling customers to reduce CO2e emissions from their air freight by utilizing SAF. This initiative is supported by significant SAF contracts with BP, Neste, and World Energy.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular