Potential offtaker

Kerry Logistics Network Limited

www.kln.com

Estimated electricity consumption

N/A

Countries of production presence

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Kerry Logistics Network Ltd is a Hong Kong-based company that operates in the freight forwarding services sector. The company has a global presence, with a network of offices and facilities in over 60 countries around the world. Kerry Logistics Network Ltd provides a wide range of logistics services, including air and sea freight, warehousing and distribution, and customs brokerage.

Decarbonisation is a key focus area for Kerry Logistics Network Ltd. The company is committed to reducing its carbon footprint and has set ambitious targets to achieve this. Kerry Logistics Network Ltd aims to reduce its carbon emissions intensity by 40% by 2030, compared to its 2015 baseline. The company is also working to increase the use of renewable energy in its operations, with a target to source 50% of its electricity from renewable sources by 2025.

Corporate energy is another area of focus for Kerry Logistics Network Ltd. The company is committed to reducing its energy consumption and improving energy efficiency across its operations. Kerry Logistics Network Ltd has implemented a range of measures to achieve this, including the use of energy-efficient lighting and equipment, and the implementation of energy management systems.

Corporate power purchase agreements (PPAs) are another way in which Kerry Logistics Network Ltd is working to increase its use of renewable energy. PPAs allow companies to purchase renewable energy directly from renewable energy projects, providing a reliable and cost-effective source of renewable energy. Kerry Logistics Network Ltd has signed several corporate PPAs, including agreements to purchase solar and wind power in Australia and China.

Renewable energy is a key focus area for Kerry Logistics Network Ltd. The company is committed to increasing its use of renewable energy and has set ambitious targets to achieve this. Kerry Logistics Network Ltd aims to source 50% of its electricity from renewable sources by 2025. The company has already made significant progress towards this target, with renewable energy accounting for 16% of its electricity consumption in 2019.

In addition to its focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy, Kerry Logistics Network Ltd is also committed to sustainability more broadly. The company has a range of initiatives in place to promote sustainability across its operations, including the use of sustainable packaging materials, the implementation of sustainable transportation practices, and the promotion of sustainable practices among its employees and suppliers.

Overall, Kerry Logistics Network Ltd is a leading player in the freight forwarding services sector, with a strong commitment to sustainability and decarbonisation. The company's focus on renewable energy, corporate energy, corporate PPAs, and sustainability more broadly, sets it apart from its competitors and positions it as a leader in the industry. As the world continues to transition towards a low-carbon economy, companies like Kerry Logistics Network Ltd will play an increasingly important role in driving the transition and promoting sustainability across the global logistics industry.

✓ Declared Net Zero commitment