UPS, logistics and global freight shipping service company, has announced a plan to cut the carbon emissions of its airline by an additional 20% by 2020, accounting for a total reduction of 42% since 1990. The aircraft plan is the first of several carbon reduction goals that UPS plans to execute in the coming years, according to the company’s press release.
In the latest edition of UPS’s Sustainability Report, UPS Chairman and CEO Scott Davis writes, “We believe this is important not just for UPS but also for our customers and society. The fact is that customers rely on the transportation and logistics industry as part of their supply chains. They need accurate information from the industry in order to calculate their own CO2 inventories and report them to the public. For that reason, we advocate full disclosure (Scopes 1, 2 and 3) for the entire transportation and logistics industry.”
In order to achieve its 2020 airline goals, UPS plans to invest in additional fuel-efficient aircraft types and engines, fuel-saving operational initiatives, and the introduction of biofuels.