Geodis

GEODIS, headquartered in France and operating in Freight Transportation Arrangement, reported total emissions of approximately 4.8 billion kg CO2e in 2024. This includes around 294.4 million kg CO2e from Scope 1 emissions, 1.2 million kg CO2e from Scope 2 (location-based) or 82.3 million kg CO2e (market-based), and approximately 4.42 billion kg CO2e from Scope 3 emissions. A significant portion of Scope 3 emissions, about 3.52 billion kg CO2e, came from upstream transportation and distribution.

In 2023, GEODIS's total emissions were approximately 4.34 billion kg CO2e. This comprised around 268.1 million kg CO2e from Scope 1, 70.7 million kg CO2e from Scope 2 (market-based), and approximately 3.997 billion kg CO2e from Scope 3. Upstream transportation and distribution accounted for the largest share of Scope 3 emissions at approximately 3.25 billion kg CO2e.

GEODIS has set Science Based Targets initiative (SBTi) approved near-term targets. These targets, cascaded from its parent company Geodis SA, include a commitment to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2022 base year. The company also commits to reduce Scope 3 GHG emissions from fuel and energy-related activities by 25% within the same timeframe. Additionally, GEODIS aims to reduce Scope 3 GHG emissions from subcontracted container shipping, heavy freight trucks, medium freight trucks, and rail operations (upstream transportation and distribution) by 25% per tkm, and absolute Scope 3 GHG emissions from upstream transportation and distribution by 25%. Finally, GEODIS commits to reduce absolute Scope 3 GHG emissions from the use of sold products for sold and distributed fossil fuels by 42% within the same timeframe. These targets for Scope 1 and 2 are consistent with reductions required to keep warming to 1.5°C.