DHL has decided to follow science-based targets, and aims to reduce its carbon emissions in line with the Paris Climate Agreement.

The company will invest €7 billion (£6 billion) for climate-neutral logistics by 2030.

The funds will help fund alternative aviation fuels, the expansion of the zero-emission e-vehicle fleet, and climate-neutral buildings. Along the way towards its zero emissions target by 2050, which has already been in force for 4 years, the company is committing to new, interim targets.

The climate targets are part of Deutsche Post DHL Group’s new sustainability roadmap, in which the company sets out its ESG goals for the next years. In addition to its commitment to the environment, the Group also defines clear targets and measures in the areas of social responsibility and governance.

Frank Appel, CEO of Deutsche Post DHL Group said: “It is our responsibility to lead the way and guide the logistics industry into a sustainable future. We are turning our yellow Group into a green company and making an important contribution to our planet and society.”