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 were detailed in the integrator’s 2016 Corporate Sustainability Report, and it says it supports its commitment to reduce its absolute greenhouse gas emissions from global ground operations 12 per cent by 2025, a goal developed using a methodology approved by the Science Based Targets initiative.
UPS chairman and chief executive officer, David Abney says: “Because of our size and scale, we know our commitments can shape markets, advance technologies and be a catalyst for infrastructure investments.
“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 per cent of the electricity it consumes will come from renewable energy sources by 2025, a significant increase from the 0.2 per cent in 2016.
In addition, by 2020 UPS plans that one in four new vehicles purchased annually will be an alternative fuel and advanced technology vehicle, up from 16 per cent in 2016.
The company also set a new goal that by 2025, 40 per cent of all ground fuel will be from sources other than conventional gasoline and diesel, an increase from 19.6 per cent in 2016.
UPS operates more than 8,300 alternative fuel and advanced technology vehicles worldwide.