Dsv

Dsv's reported carbon emissions

DSV A/S, a company providing other land transportation services headquartered in Denmark, has reported its carbon emissions and set significant climate commitments. For the 2025 reporting year, DSV reported a total of approximately 19.6 billion kg CO2e. This total is comprised of approximately 362 million kg CO2e for Scope 1 emissions and approximately 215 million kg CO2e for Scope 2 emissions (market-based). Scope 3 emissions were substantial, amounting to approximately 19.03 billion kg CO2e, with upstream transportation and distribution accounting for the majority at approximately 18.3 billion kg CO2e. In 2024, the company's total emissions were approximately 13.8 billion kg CO2e. This included approximately 202 million kg CO2e for Scope 1, and approximately 167 million kg CO2e for Scope 2 (market-based). Scope 3 emissions were approximately 13.44 billion kg CO2e, predominantly from upstream transportation and distribution at approximately 13 billion kg CO2e. Looking at 2023, DSV reported total emissions of approximately 12.6 billion kg CO2e, with Scope 1 emissions at approximately 220 million kg CO2e and Scope 2 emissions at approximately 193 million kg CO2e (market-based). Scope 3 emissions were approximately 12.19 billion kg CO2e, largely driven by upstream transportation and distribution which totalled approximately 11.73 billion kg CO2e. DSV has established a long-term commitment to achieving net-zero emissions across all scopes by 2050. In line with this, they have set near-term targets. For instance, by 2030, DSV aims for a 50% reduction in Scope 1 and 2 emissions from a 2019 baseline. Additionally, they aim for a 30% reduction in Scope 3 emissions by 2030, also from a 2019 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) for limiting global warming to 1.5°C.