GXO Releases Its First ESG Report
Report illustrates key role of logistics in raising ESG performance for many of the world’s leading brands
79% of waste diverted from landfill globally in 2021, nearing our 2025 target of 80% landfill diversion ahead of schedule
“Our fresh beginning as a standalone company brings a rare opportunity and responsibility to create a strategy around what matters most to our employees, customers, investors and communities,” said
In 2021, GXO set five environmental goals:
- 80% global operations using LED lighting by 2025
- 80% global landfill diversion rate by 2025
- 30% GHG emissions reduction by 2030 vs. 2019 baseline
- 50% renewable energy in global operations by 2030
- 100% carbon neutral by 2040
GXO’s 2021 ESG Report is a helpful resource for individual and institutional investors who increasingly list ESG performance among their reasons for selecting certain equities.
To download a copy of the 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 goals of (i) 80% global operations using LED lightning by 2025, (ii) 80% global landfill diversion rate by 2025, (iii) 50% renewable energy in global operations by 2030, (iv) reducing greenhouse gas emissions by 30% by 2030 vs. 2019 baseline, and (v) being 100% carbon neutral by 2040. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target,” “trajectory” or the negative of these terms or other comparable terms. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements are based on certain assumptions and analyses made by the company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors the company believes are appropriate in the circumstances.
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