UPS distributes to countries around the world and as part of its commitment to reduce emissions and its carbon footprint, the company has recently announced plans to bolster its fleet of electric vehicles and alternative fuel vehicles in the coming years.
The 2016 Corporate Sustainability Report reveals that the company will not only be investing in alternative energy vehicles but will also be upping its investment in renewable energy sources to power infrastructure.
“Because of our size and scale, we know our commitments can shape markets, advance technologies and be a catalyst for infrastructure investments,” explained UPS Chairman and CEO, David Abney. “We rely on the ingenuity of our employees, suppliers and technology partners to help us reach goals that will transform the shipping industry and spur innovation.”
According to the company’s press release, UPS plans to derive 25% of its consumed energy from renewable resources by 2025, which is up dramatically from the 0.2% it used in 2016. The company also plans for 25% of its vehicles to be an alternative fuel or electric vehicle by 2021, which is up from 16% in 2016. Furthermore, 40% of all ground fuel will be generated by sources other than regular gasoline and diesel by 2025.
“… The UPS vision entails a future smart logistics network of advanced technology vehicles and facilities powered by more diverse and sustainable energy sources, including on-site solar, off-site wind, renewable natural gas, renewable hydrogen, and renewable diesel delivered via advanced energy system infrastructure,” reads the report.
