Successful carbon neutral courier service renewed for 3 years

Standard Chartered Bank offsets record CO₂ emissions in 2012 and signs up to DHL GOGREEN Carbon Neutral serviceuntil 2016

SINGAPORE, Oct. 21, 2013 /PRNewswire/ -- DHL, the world's leading logistics company, offset over 1,900 tonnes of CO₂ emissions for Standard Chartered Bank in 2012. The bank, which was the first global financial services company to deploy DHL GOGREEN Carbon Neutral service across its network back in 2011, has renewed its contract with DHL for a further 3 years.

DHL Express GOGREEN Parcel

DHL commits to its GoGreen efforts

Standard Chartered Bank uses the carbon neutral service DHL GOGREEN in 21 countries that together represent over 90 percent of the bank's total international shipments across its network. Carbonemissions from the bank's courier shipments are offset by an environmental protection investment project. DHL's carbon management program invests in projects around the world such as a biomass power plant in India and Brazil, and a wind farm in China.

Jerry Hsu, CEO, DHL Express Asia Pacific: "DHL GOGREEN Carbon Neutral Service has become a positive asset for Standard Chartered Bank which pioneered its adoption in theinternational financial service sector. As the world's leading logistics company, DHL has a responsibility to address the environmental challenge and help our global customers achieve their sustainability objectives. Multinational customers need scalable programs and DHL GOGREEN Carbon Neutral service has proved itself to be an innovative sustainable solution that can be rolled out to all business units across a complex international network to meet the global needs of customers such as Standard Chartered Bank."

Standard Chartered Bank, the first bank to adopt DHL GOGREEN Carbon Neutral service globally, has renewed its worldwide contract until 2016. Its courier shipments are carbon neutral in major markets such as mainland China, Germany, Japan, Hong Kong, India, Indonesia, Malaysia, Singapore, South Korea, Taiwan, Thailand, United Arab Emirates, UK, US and many more.

DHL GOGREEN Carbon Neutral service is annually verified by an independent certifying body -- the Swiss-based Societe Generale de Surveillance, a United Nations independent auditor, to ensure accountability and transparency. Customers receive certification from DHL stating the total amount of CO₂ offset on their behalf during the year. Customers can choose to send all or a selection of their international shipments using the DHL GOGREEN Carbon Neutral service. For a surcharge, DHL will offset the carbon emissions for international air express shipments.

DHL Express' internal GoGreen programs have made it the industry leader in terms of sustainable logistics and the group has achieved outstanding improvements in carbon efficiency in Asia Pacific for four consecutive years. Last year, it managed an improvement of 7.4 percent despite a 15 percent growth in business. In total, Deutsche Post DHL, parent company of DHL Express, has now achieved a 16 percent improvement in its carbon efficiency since the launch of the GoGreen program in 2008 and is over halfway to meeting its target of a 30 per cent CO₂-efficiency improvement (benchmarked to 2007 levels) by 2020.^[1] The improvements are largely due to efficient ground operations, investments in energy efficient buildings and air fleet modernization, and employee dedication to growing a sustainable business.

DHL GOGREEN Carbon Neutral service was launched in 2008 to offer companies a more environmentally-responsible shipping option by calculating carbon emissions generated by transporting each shipment point to point. Emissions are offset by reinvesting in certified carbon management programs such as alternative vehicle fuel technology and reforestation projects. In 2012, more than 2.4 billion GOGREEN shipments were sent and about 180,000 tons of CO₂were offset for customers -- this is about 30 percent more than 2011 and over three times as much as 2009, when the total was 704 million shipments.

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