Global bank picks DHL to pioneer carbon neutral courier service [Press Releases]

October 11, 2011 by  
Filed under News

SINGAPORE, 11 October 2011: DHL’s pioneering carbon offset solution DHL GOGREEN Carbon Neutral service is a positive new asset for environmentally-savvy financial institutions. DHL, the world’s leading logistics company, has contracts with several major banks for DHL GOGREEN Carbon Neutral services regionally and recently secured one global account. The fully-audited service enables customers to offset carbon emissions generated by international courier services by reinvesting in certified carbon management programs.

Standard Chartered Bank is the first bank to adopt DHL GOGREEN Carbon Neutral service globally, signing a worldwide contract to make 95 per cent of the bank’s international courier services carbon neutral. DHL GOGREEN Carbon Neutral service will be implemented in stages by Standard Chartered, with services up and running in China, Germany, Hong Kong, India, Indonesia, South Korea, Malaysia, Singapore, Taiwan, Thailand, United Arab Emirates, United Kingdom and the United States of America. The implementation is also on track for adoption in Japan and the Philippines. Approximately 2,000 tonnes of carbon emissions are expected to be offset each year, when DHL GOGREEN Carbon Neutral service is implemented in the majority of the bank’s global network.

“As the world’s leading logistics company, DHL has a responsibility to address the environmental challenge. We are doing that by creating sustainable logistics services like DHL GOGREEN Carbon Neutral service that meet the global needs of customers such as Standard Chartered Bank which require innovative solutions that are effective across all business units globally,” said Jerry Hsu, CEO, DHL Express Asia Pacific. “Energy efficiency is one of the most significant ecological challenges that we face in the transportation sector and as a group, we are constantly looking at innovative ways to reduce our carbon footprint and create sustainable solutions for our customers.”

DHL GOGREEN Carbon Neutral service is designed to offer companies a more environmentally-responsible shipping option by calculating carbon emissions generated by transporting each shipment point to point. Emissions are offset by reinvesting in certified carbon management programs such as a biomass and a hydro power plant in India and Brazil and a wind farm in China. Customers can choose to send all or a selection of their international shipments using the DHL GOGREEN Carbon Neutral service. For a surcharge, DHL will offset the carbon emissions for international air express shipments. Ensuring accountability and transparency, the program is annually verified by an independent certifying body – the Swiss-based Société Générale de Surveillance. Customers receive certification from DHL stating the total amount of CO2 offset on their behalf during the year.

DHL’s own global sustainability program aims to improve carbon efficiency by 30 percent by 2020 [benchmarked to 2007 levels]. In 2010, DHL Express Asia Pacific achieved a 14.1 percent improvement in CO2 efficiency[1] year-on-year in its real estate and ground transport operations, despite a 10 percent increase in total CO2 emissions.

[1] Includes Greenhouse Gas (GHG) Protocol Scope 1, 2 & 3 CO2 emissions on the ground, but excludes all aviation CO2 emissions.

Source: DHL

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