Envision Group and DHL Group have signed a Strategic Partnership Agreement designed to mutually accelerate the progress of sustainability targets.
In a press release, DHL states that the partnership aims to accelerate the advancement of environmental energy initiatives that will help both companies on the journey to net-zero.
One key element of the deal concerns Sustainable Aviation Fuel (AWF), which both companies recognize as a critical component in reducing carbon emissions in air transportation. With regards to this, via the collaboration, Envision will provide SAF for DHL, while Envision will also explore renewable feedstock sources and technology routes to continuously advance decarbonization in the air transportation sector.
Additionally, Envision will provide comprehensive green energy transition solutions, including electricity, to support DHL’s renewable energy goals through focused green power procurements.
Moreover, the agreement establishes DHL as a key strategic partner for Envision’s development plans, and states that DHL shall support Envision’s goals in entering new markets for renewable energy.
Commenting on the partnership, Tobias Meyer, Chief Executive Officer at DHL Group, said:
“The partnership framework with Envision represents a further step towards global sustainability leadership for DHL Group. By leveraging our unparalleled logistics expertise and unique global network, we are committed to supporting Envision in their international expansion and logistical challenges. Together, we will lead the change in integrating green technologies and optimising supply chains, setting new benchmarks for sustainable innovation and global environmental impact through the energy transition.”
Lei Zhang, Chairman of Envision Group, added:
“The aviation sector is currently trailing targets largely due to high costs associated with green hydrocarbons and their derivatives. Envision, through systematic innovation, can reduce cost and revolutionise the production of SAF at scale. The development of this “new oil” will support global efforts towards carbon neutrality.”
In addition to the above, Envision and DHL say they will explore opportunities for the joint development and construction of a “Net Zero Industrial & Logistic Park” across various industry sectors.
The “Net Zero Industrial Park” is to be a new class of industrial parks that are fully powered by clean energy solutions and integrated into the supply chains of several industries, such as electric vehicle and battery manufacturing.
The Park aims to advance new electric power systems models and foster green industrial ecosystems, while ultimately expediting the global green transition for customers.