Working Towards Green Logistics

Dragonfly signed The Climate Pledge in 2021 and has committed to be net zero carbon for our Scope 1, 2 and 3 emissions by 2040.

Reducing our Carbon Footprint

We joined the Climate Pledge, as we are committed to improving the lives of future generations and the environment and this commitment underscores our sense of responsibility in working towards a solution to address this pressing issue. This commitment aligns with our values as a Company.

Implementation of the Climate Pledge

1. Commit

Creation of the sustainable development vice-presidency

Implementation in Fall 2024 of an in-house team of sustainability experts to take charge of initiatives to reduce our carbon footprint.
Member of the Smart Freight Center since 2022.

2. Measure

Annual GHG inventory

Annual quantification of our emissions (scope 1, 2 and 3) based on the GHG Protocol since 2022.
In-depth analysis of sources of improvement and reduction within our operations.
Deployment of an internal emissions quantification and tracking tool based on the GLEC framework (logistics sector) in 2025.

3. Forecast

Net-zero 2040 roadmap

Development of a roadmap to reach our goal of being net-zero in 2040 (2025).
Validation by the Science Based Targets initiative (SBTi) to gain recognition for our roadmap (2026).

4. Act

Transform our operations

Implementation of incentives to encourage our independent delivery partners to electrify their operations.
Deployment of pilot projects to decarbonize our first, middle and last-mile operations (2025).
Implement a training and culture transformation program to reduce emissions across all our activities (2025).

“

Climate change will have a negative impact on people's lives, on future generations, on our own kids. We can't wait any longer, we must be part of the solution.

Jean-Sébastien Joly

CEO & President, Dragonfly Shipping

Joining The Climate Pledge

The Climate Pledge is a commitment for businesses and organizations to take collective action on the world’s greatest crisis, and to work together to build a safe and healthy planet for future generations. Signatories commit to reaching net-zero carbon emissions by 2040.

Being part of The Climate Pledge also means joining a community of businesses that work together and share knowledge, ideas, and best practices. Over 300 signatories across multiple industries from around the world, including Dragonfly, have joined.

How will we reduce our carbon emissions?

As mentioned above, the first step of our journey is to accurately measure our footprint and determine our targets to reduce our emissions. This step will allow us to pinpoint exactly what areas of our operations we need to change to meet these targets. Some options that we are actively pursuing to achieve our target: be net-zero carbon by 2040.

Electric Vehicles

Electrifying the vehicles of our delivery contractors

Sorting Stations and Offices

Using renewable energy and eco-efficient processes, and minimizing garbage production from our sorting stations and offices

Purchased Goods and Materials

Purchasing carbon neutral products and reducing single-use materials to be used in our offices, sorting stations and operations

Optimized Routing

Optimizing routes for shorter mileage with our routing system, which saves energy and fuel consumption

Employee Commute

Offering incentives for our employees to use public transport, adding bike racks and reducing company travel

Clients and Partners

Working with clients and new partners to reduce carbon emissions in the logistics industry

Commitment: Reduce 50% of emissions by 2030

Our Timeline

2021

CLIMATE PLEDGE

Dragonfly signed The Climate Pledge to be carbon net zero by 2040.

2022

EXPLORING OPTIONS FOR ELECTRIC VEHICLES

Exploring options to collectively buy electric vehicles on behalf of our independent delivery contractors.

2023

Dragonfly JOINS THE SMART FREIGHT CENTRE

Dragonfly joined the Smart Freight Centre (SFC) in January 2023. The SFC is a globally active non-profit organization for climate action in the freight sector. The SFC's goal is to guide the global logistics industry to track and reduce its GHG emissions by 1 billion tonnes by 2030 and reach zero emissions by 2050 or earlier. SFC collaborate with its global partners to quantify impacts, identify solutions, and advocate logistics decarbonization strategies.

MEASURE OUR CARBON FOOTPRINT

We have completed the measurement of our 2022 baseline carbon footprint for our Scope 1, 2 and 3 emissions and our first mile, middle mile and last mile accounts for about 75% of our carbon emissions.

2024

PUT PLAN INTO ACTION

Ongoing measurement, working towards the achievement of our science-based targets and net zero strategy.

Built incentive for electric vehicles and piloted eCargo bikes.

2025

SCIENCE BASED TARGETS

Based on the analysis of our carbon emissions, we have developed science-based targets to be able to reduce our carbon emissions to zero by 2040 and we will be submitting these targets for approval to the Science-Based Targets initiative. (Targets are in line with what the latest climate science deems necessary to meet the goals of the Paris Agreement – limiting global warming to well-below 2°C above pre-industrial levels and pursuing efforts to limit warming to 1.5°C.). This validation takes a year to be approved.

NET ZERO STRATEGY & ROADMAP

Based on our 2022 baseline carbon footprint and science-based targets, we have developed a net zero plan to reduce our emissions and to be net zero carbon by 2040.

ANNUAL REPORTING

Starting in 2025, we will prepare an annual report to provide annual updates on our progress to reduce emissions, progress towards the achievement of our science-based targets and our net zero strategy.

2026-2030

REDUCE 50% OF CARBON FOOTPRINT

Reduce our carbon footprint by 50% by 2030 of our baseline year.

2031-2039

DOUBLE DOWN ON OUR EFFORTS

We will continue our ongoing activities and annual reporting during the next decade to achieve our goal to be net zero carbon by 2040.

2040

NET ZERO CARBON

Reach our target of becoming a net zero carbon parcel delivery company.