Potential offtaker

Kuehne + Nagel International AG

www.kn-portal.com

Estimated electricity consumption

N/A

Countries of production presence

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Kuehne + Nagel International AG is a Swiss-based company that operates in the Freight Forwarding Services sector. It is one of the world's leading logistics providers, offering a range of services that include air freight, sea freight, road and rail logistics, and contract logistics. The company was founded in 1890 and has since grown to become a global player in the logistics industry, with a presence in over 100 countries and employing more than 83,000 people worldwide.

One of the key challenges facing the logistics industry today is decarbonisation. The transportation of goods is a significant contributor to greenhouse gas emissions, and as such, logistics companies like Kuehne + Nagel are under increasing pressure to reduce their carbon footprint. In response to this challenge, Kuehne + Nagel has implemented a range of measures aimed at reducing its environmental impact.

One of the ways in which Kuehne + Nagel is working to decarbonise its operations is through the use of renewable energy. The company has set a target to source 100% of its electricity from renewable sources by 2030. To achieve this goal, Kuehne + Nagel is investing in a range of renewable energy projects, including wind and solar power. The company is also exploring the use of other forms of renewable energy, such as hydrogen and biofuels.

Another way in which Kuehne + Nagel is working to reduce its environmental impact is through the implementation of corporate energy management systems. These systems enable the company to monitor and manage its energy consumption more effectively, identifying areas where energy use can be reduced and implementing measures to achieve these reductions. Kuehne + Nagel has also implemented energy-efficient technologies in its facilities, such as LED lighting and energy-efficient heating and cooling systems.

In addition to these measures, Kuehne + Nagel is also exploring the use of corporate power purchase agreements (PPAs) to support the development of renewable energy projects. PPAs enable companies to purchase renewable energy directly from generators, providing a long-term, stable source of revenue for these projects. By supporting the development of renewable energy projects through PPAs, Kuehne + Nagel is helping to accelerate the transition to a low-carbon economy.

Overall, Kuehne + Nagel is committed to reducing its environmental impact and playing a leading role in the transition to a low-carbon economy. Through its investment in renewable energy, implementation of energy management systems, and support for the development of renewable energy projects through PPAs, the company is demonstrating its commitment to sustainability and environmental stewardship. As the logistics industry continues to evolve, Kuehne + Nagel is well-positioned to lead the way in decarbonisation and corporate energy management.

✓ Science Based Targets member
✓ Declared Net Zero commitment