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24

Feb

Neste and DHL Group to tighten collaboration to reduce logistics emissions

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To further strengthen their collaboration on reducing emissions in logistics, DHL Group and Neste have agreed to jointly evaluate how Neste’s renewable solutions such as renewable diesel, also known as “HVO100”, and sustainable aviation fuel can support DHL in its decarbonization targets in air and road transportation.

DHL Group aims to achieve net-zero greenhouse gas emission logistics by 2050. Interim targets by 2030 include electrifying two-thirds of last-mile delivery vehicles and increasing the share of more sustainable fuels across all transportation modes to more than 30%, which includes also the use of sustainable aviation fuel (SAF). Neste, as a leading producer of renewable diesel and sustainable aviation fuel, would support DHL Group in achieving these goals.

To enable DHL Group to achieve its air transportation targets, the parties will develop a commercial model that would gradually lead to the offtake of around 300,000 tons of neat, i.e. unblended SAF per year from Neste by DHL Group by 2030 and enable the sale and purchase of additional volumes of SAF. At the same time, DHL Group and Neste will work together to explore using renewable diesel to support DHL in achieving its decarbonization targets in road transportation.

Read the full article here.