A recent study by the new KLU Center for Sustainable Logistics and Supply Chain (CSLS), carried out in partnership with The European Freight & Logistics Leaders’ Forum, indicates that despite the coronavirus pandemic, the logistics decarbonization process in Europe is proceeding full steam ahead and being integrated into companies’ strategic planning. The report is based on a survey of more than 90 senior executives in the sector. The major conclusions:
30 percent fixed sustainability goals
More than half of the companies surveyed already have a sustainable logistics strategy or are in the process of introducing one. 30 percent of the participants were classified as "leading", meaning that they already had corresponding strategies or were in the process of implementing them. What’s more, these companies also had already set absolute CO2 reduction targets for their logistics operations and were able to precisely measure the associated CO2 emissions.
Nearly 70 percent of all participants, and 87 per cent in the 'leading' category, said that the Covid-19 crisis had either no impact or even a positive impact on their decarbonization actions. 40 percent (and 60 percent of leading companies) reckon that half or more of CO2-reducing measures also cut costs, confirming close alignment of environmental and commercial objectives.
The three most cost-effective ways of decarbonizing logistics mentioned were shifting freight from road to rail, improving vehicle utilization and switching transport operations from fossil fuel to renewable energy.
Digitalization’s logistics impact
Three-quarters of the managers expect digitalization will transform logistics over the next five years. Predicted improvements include better supply chain transparency, advances in transport management systems and innovation in vehicle utilization and online logistics platforms.
Digital Hub Logistics Hamburg: FAST MOVER
With the Fast Mover initiative, the Digital Hub Logistics Hamburg challenges Start-ups and innovators worldwide to present their solutions and innovative concepts for the logistics industry in accordance with the United Nations’ 17 Sustainable Development Goals.
The Fast Mover aims to mobilize the international innovation potential of the logistics and cross-industry sector to overcome sustainability challenges.