Private Fleets Pursuing Emissions Goals More Aggressively
Standards Are Being Set by Companies’ Corporate Leadership and by Federal Government
Across all areas of the economy, shippers are facing increasing pressure to make their operations more sustainable and to meet environmental, sustainability and governance (ESG) targets.
These standards are either set by corporate leadership — for instance, Coca-Cola’s target to reduce greenhouse gas emissions 25% over 15 years and to be carbon neutral by 2050 — or federal regulations, such as the new federal rules requiring public companies to report their emissions to the U.S. Securities and Exchange Commission. That has some companies looking to exercise greater control over GHG emissions in their logistics networks by stepping back from for-hire carriers and increasing their private fleets.
