ESRS E1 - Climate change
Topic | Climate change |
Sub-topic | Climate change adaptation |
Sub-sub-topic |
|
IRO | Opportunity |
Location | Own operations |
Time-frame | Medium-term |
Title | Adapting logistics to climate risks. |
Example | Transportation companies are increasingly investing in infrastructure and technology to adapt to climate change impacts. DHL is implementing climate-resilient logistics solutions to mitigate risks from extreme weather events. |
Reference | DHL Sustainability Report, 2023 |
ESRS E2 - Pollution
Topic | Pollution |
Sub-topic | Pollution of air |
Sub-sub-topic |
|
IRO | Impact - actual negative |
Location | Own operations |
Time-frame | Short-term |
Title | Air pollution from transport companies harms the environment. |
Example | Air pollution from vehicle emissions is a major concern for transport companies, many of whom use fuel vehicles to provide their services. UPS is investing in electric delivery vehicles to reduce pollutant emissions. |
Reference | UPS Sustainability Report, 2023 |
ESRS S1 - Own workforce
Topic | Own workforce |
Sub-topic | Working conditions |
Sub-sub-topic | Health & safety |
IRO | Risk |
Location | Own operations |
Time-frame | Medium-term |
Title | Health and safety risks in the transportation industry pose significant financial liabilities. |
Example | In the transportation industry, inadequate health and safety measures for employees can lead to accidents, injuries, and even fatalities, resulting in significant financial liabilities from lawsuits, compensation claims, and regulatory fines. For instance, FedEx faced substantial legal and medical costs following a series of workplace accidents involving drivers and warehouse workers. The financial impact was exacerbated by increased insurance premiums and damage to the company’s reputation. |
Reference | FedEx Sustainability Report, 2023 |
ESRS G1 - Business conduct
Topic | Business conduct |
Sub-topic | Anti-corruption |
Sub-sub-topic |
|
IRO | Impact - potential negative |
Location | Own operations |
Time-frame | Medium-term |
Title | Addressing corruption risks in global supply chains |
Example | Global transportation companies like Maersk face risks related to corruption in their supply chains, including bribery and unethical practices. Maersk implements anti-corruption policies, conducts due diligence on suppliers, and provides training to employees to prevent and detect corruption, ensuring ethical business conduct across its operations. |
Reference | Maersk Sustainability Report, 2023 |