UPS has announced new sustainability goals to add more alternative fuel and advanced technology vehicles to its fleet while increasing its reliance on renewable energy sources. The goals support UPS’s commitment to reduce its absolute greenhouse gas (GHG) emissions from global ground operations by 12% by 2025, a goal developed using a methodology approved by the Science Based Targets initiative.
“Because of our size and scale, we know our commitments can shape markets, advance technologies and be a catalyst for infrastructure investments,” said David Abney, UPS Chairman and CEO. “We rely on the ingenuity of our employees, suppliers and technology partners to help us reach goals that will transform the shipping industry and spur innovation.”
UPS has a goal that 25% of the electricity it consumes will come from renewable energy sources by 2025, a substantial increase from the 0.2% in 2016. In addition, by 2020 UPS plans that one in four new vehicles purchased annually will be an alternative fuel or advanced technology vehicle, up from 16% in 2016. The company also set a new goal that by 2025, 40% of all ground fuel will be from sources other than conventional gasoline and diesel, an increase from 19.6% in 2016.
UPS operates more than 8,300 alternative fuel and advanced technology vehicles worldwide. The company’s fleet includes electric, hybrid electric, hydraulic hybrid, compressed natural gas (CNG), liquefied natural gas (LNG), propane and lightweight fuel-saving composite body vehicles. In addition to its use of alternative vehicles, UPS uses renewable diesel and renewable natural gas (RNG) in its fleet.
Ti’s Global Contract Logistics 2017 report contains in-depth analysis on the impact of alternative fuel vehicles on the supply chain, including comparisons of the major fuel types available and the commercial viability of each approach. For more information, click here.
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