EV Cargo Celebrates Landmark Year & Unveils Sustainability Report

2022 (July-December) Portfolio Company News
  • Inaugural Sustainability Report launched detailing EV Cargo’s significant progress
  • Established a strong platform to deliver multi-year objectives
  • Strategy to become carbon neutral by 2030
  • Launched initiatives to decarbonise customer supply chain operations

Leading global freight forwarding, supply chain services and technology company EV Cargo has today unveiled its inaugural Sustainability Report, celebrating significant progress in delivering its sustainability strategy during 2021.

EV Cargo’s commitment to global sustainability gathered momentum during the period, with the company introducing a number of environmentally targeted operational programmes and establishing a strong platform to deliver its multi-year objectives.

As one of the company’s three core values, its drive for sustainability was bolstered with the appointment in March of Dr Virginia Alzina as Chief Sustainability Officer, with responsibility for leading initiatives four focus areas: planet, people, governance and value creation.

Dr Alzina oversaw the development of a comprehensive decarbonisation roadmap, working towards the target of becoming carbon neutral across scope 1 and 2 emissions by 2030, while a sustainability committee was established at executive board level and more than 20 employees were given the role of sustainability champions across the business.

EV Cargo also became a signatory to a number of high-profile international agreements. These included the UN Global Compact, a pact to encourage businesses and firms worldwide to adopt sustainable and socially responsible policies, and to report on their implementation.

At COP26, EV Cargo endorsed the ambitious Global Memo of Understanding, which aims to achieve an interim goal of 30% zero-emission new bus and truck vehicle sales by 2030 and 100% by 2040. Its commitment to decarbonisation was evident in 2022 with the introduction of HVO fuel in its truck fleet, which reduces greenhouse gas emissions by up to 92%, and it became the first FMCG operator of an electric truck in the UK.

EV Cargo also committed to focus its efforts on seven of the UN Sustainable Development Goals, joined the UN Science Based Target initiative programme, the Arctic Pledge, and completed the Climate Ambition Accelerator programme.

Other achievements included the completion of the Target Gender Equality programme, delivery of diversity and inclusivity training to all senior managers and prioritising employee welfare, wellbeing and development through the launch of initiatives such as the Delivering Better programme.

Click here to read the Sustainability Report.

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