When choosing transportation methods or building supply chains, planning for climate change may seem like an odd consideration. However, you might be shocked to learn that climate change is projected to cause a €9.2 billion (USD 10 billion) loss to the transportation industry by 2050. Costs associated with operations needing to be relocated, interruptions to production, rising insurance premiums, and making the inputs you use more expensive all contribute to this number.
Creating infrastructure that’s both resilient against climate change and minimizes your company’s contribution to it can save you thousands in future improvement costs and help you take advantage of green tax benefits, all of which contribute to improving your bottom line.
Truck and air transportation are major contributors to greenhouse gas emissions, a worldwide concern. A major logistics operator recently reduced its emissions by 3.1 billion pounds of CO2 between 2010 and 2019 by switching to environmentally friendly transportation methods, proving just how significant a single company can have on protecting our environment.
Additionally, leveraging reusable and recyclable packaging can help decrease landfill waste and the emissions of new packaging manufacturing. Case studies also demonstrate that companies can collaborate to lower their carbon footprints within their supply chains. Trucks typically emit more than trains, so using rail transport for part of the journey is more efficient when feasible. Doing so, however, is more manageable with large shipments, whereas smaller orders need to be consolidated to fill a railcar, which might delay delivery. Therefore, coordinating shipping schedules with customers is important, possibly by offering discounts for early orders to facilitate planning.
Some companies work with suppliers to reduce packaging weight and decrease emissions when transporting materials to factories. Sometimes, multiple providers pool their shipments to ensure that a single truck delivers all orders to a customer’s warehouse. Businesses can develop more sustainable logistics strategies by collaborating with suppliers, customers, and service providers. achieving innovative solutions and helping to protect the environment.
Our commitment to the environment
We recognize that our daily operations have unavoidable environmental impacts. As a component of our ISO 14001 certification, we’re committed to managing our operations’ impact and developing initiatives to enhance our environmental footprint. These initiatives include actively seeking opportunities to reduce energy, water, and natural resource consumption in our operations. We also aim to reuse and recycle materials whenever possible and responsibly dispose of non-recyclable items. We regularly review our environmental policy to ensure that it reflects changes in regulations and best practices while adhering to the principles of “Reduce, Reuse, Recycle.”
Learn more
If you value working with a Fourth-Party Logistics (4PL) provider that’s strongly committed to preserving our ecosystem, visit our Services and Solutions portfolio to discover how we can improve and streamline your supply chain to minimize your carbon footprint. If you’re interested in partnering with us, visit our Contact page to get in touch.