Kuehne+Nagel has published its seventh Sustainability Report, which covers ESG (Environment, Social, Governance) performance in 2022. The report also outlines the important role ESG plays in the implementation of the group’s recently unveiled strategy. Living ESG is one of the four cornerstones of its Roadmap 2026.
As part of its commitment to the science-based targets, Kuehne+Nagel in 2022 has further invested in maritime biofuels and sustainable aviation fuels (SAF) to reduce Scope 3 emissions. As of December 2022, the company purchased approximately 7% of the total production of SAF globally. With this, Kuehne+Nagel has supported customers such as the healthcare company Novo Nordisk and the technology company Lenovo in decarbonising their supply chains.
Kuehne+Nagel in 2022 also achieved the goal of 100% renewable electricity across all contract logistics warehouses worldwide. The company purchased renewable energy certificates for this purpose and increased on-site electricity production, e.g. with photovoltaic systems.
In road transportation, Kuehne+Nagel is increasingly shifting to electric vehicles (EV). Most recently, the French subsidiary acquired 23 distribution trucks for domestic groupage transportation services. The company intends to equip 60% of its own fleet with EVs by the end of 2030.
Additionally, Kuehne+Nagel has signed an agreement to purchase 10.500 hectares of timberland in the US Northeast. The aim is to preserve an economically and ecologically sustainable forest portfolio. Dr. Marc Pfeffer, Member of the Management Board of Kuehne+Nagel International AG, responsible for Governance, stated: “The sustainable forest management with Salm-Schulenburg, Atlanta, will also include the generation of CO2 certificates to support Kuehne+Nagel’s ambition to compensate its own emissions in parallel with low carbon and reduction technologies going forward.”
Kuehne+Nagel is cooperating with The Conservation Fund to additionally limit the use and protect the timberland’s conservation purposes. The transaction is still subject to customary closing conditions.
