Envision Group, a leading global green technology company, and DHL Group signed a partnership agreement for logistics solutions and to accelerate the progress of sustainability targets.
The partnership covers four main areas: logistics solutions, sustainable aviation fuel (SAF), green energy, and the joint development of a net zero industrial & logistic park, says an official release from DHL.
“The partnership will combine DHL Group’s logistics expertise with Envision’s knowledge of renewable energy solutions, aiming to accelerate the advancement of environmental energy initiatives. Both companies are committed to sustainability with targets to reach net-zero emissions.”
Lei Zhang, Chairman, Envision Group says: “The aviation sector is currently trailing targets, largely due to high costs associated with green hydrocarbons and their derivatives. Envision, through systematic innovation, can reduce cost and revolutionise the production of SAF at scale. The development of this “new oil” will support global efforts towards carbon neutrality.”
Envision will also provide comprehensive green energy transition solutions, including electricity, to support DHL’s renewable energy goals through focused green power procurements, the release added.
SAF is a key focus area in the scope of this partnership. “Both companies recognise SAF as a critical component in reducing carbon emissions in air transportation and advancing the decarbonisation of the aviation industry, with DHL aiming to increase the SAF mix to 30 percent by 2030. Envision will provide SAF for DHL, supporting the logistics company’s goals of reducing carbon emissions while securing global supply. Envision will also explore renewable feedstock sources and technology routes to continuously advance decarbonization in the air transportation sector.”
Tobias Meyer, Chief Executive Officer, DHL Group says: “The partnership framework with Envision represents a further step towards global sustainability leadership for DHL Group. By leveraging our unparalleled logistics expertise and unique global network, we are committed to supporting Envision in their international expansion and logistical challenges. Together, we will lead the change in integrating green technologies and optimising supply chains, setting new benchmarks for sustainable innovation and global environmental impact through the energy transition.”
The net zero industrial park is a new class of industrial parks that are fully powered by a comprehensive clean energy solution and integrates the supply chains of several industries, such as electric vehicle and battery manufacturing, the release added.