GXO Releases 2022 ESG Report
Company updates progress on ESG initiatives and expansion of its ESG scorecard, including two new public safety targets
Report highlights key role logistics plays in helping customers
around the globe meet their own ESG goals
“We are pleased to continue sharing GXO’s progress towards enabling the circular economy and the innovative ways in which we help our customers achieve their own ESG goals,” said
GXO’s ESG Report provides its stakeholders an accessible resource for learning more about the company’s ESG efforts and for tracking progress towards goals. Highlights from 2022 include:
- A 17.4% reduction in scope 1 and 2 emissions since 2019.
- More than 1.2 million hours of training and development provided to team members as part of building a workplace that cares for and develops team members.
- Launching the company’s Business Partner Code of Conduct to better manage ethical conduct in its supply chain.
The 2022 Report also introduces targets linked to GXO’s number one value – safety. Building on its industry-leading safety record, the company is setting targets using the most representative regional metric to accelerate its journey on the path to operational excellence:
Americasand Asia Pacificoperations, reduce Total Recordable Incident Rate (TRIR) by 15% vs. 2022 baseline.
U.K.and European operations, reduce Lost Time Incident Rate (LTIR) by 15% by 2027 vs. 2022 baseline.
In 2022, GXO maintained a top “AA” ESG rating from MSCI and was named one of America’s Most Responsible Companies by
To download a copy of GXO’s ESG Report, click here.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements, including our target to reduce the TRIR in our
These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause or contribute to a material difference include, but are not limited, the risks discussed in our filings with the
All forward-looking statements set forth in this press release are qualified by these cautionary statements and there can be no assurance that the actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences to or effects on us or our business or operations. Forward-looking statements set forth in this press release speak only as of the date hereof, and we do not undertake any obligation to update forward-looking statements to reflect subsequent events or circumstances, changes in expectations or the occurrence of unanticipated events, except to the extent required by law.
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Source: GXO Logistics