Canada Post aims at net zero carbon by 2050

Canada Post has unveiled a CAD $1bn (£640 million) plan to get to net zero carbon by 2050.

By 2030 the postal operator plans to have 50% of its 14,000 vehicle fleet zero emissions vehicles and 100% of the fleet zero emissions by 2040.

“We have a responsibility to Canadians, and to their children and grandchildren, to help lead the way to a more sustainable future,” said Doug Ettinger, President and CEO. “Canada Post has one of the biggest fleets in the country, over 68,000 employees, a significant real estate portfolio, and an extensive supply chain. The challenge ahead is great, and we know the greening of our transportation is critical. That’s why we’ve committed to net-zero operations and a fully electric fleet by 2040. I’d like to thank our bargaining agents for their continued engagement and collaboration on this important step forward for the company.” 

By 2030 the postal operator has committed to a 50% reduction in Scope 1 and Scope 2 greenhouse gas emissions compared to 2019 levels. This would meet the 1.5 degrees C pathway of the Science Based Targets initiative (SBTi) that would aim to limit global warming to 1.5 degrees above pre-industrial levels.

“Our climate commitments address Canada Post’s national operations from all angles. We’ll transform our fleet to electric, retrofit our buildings, build net-zero carbon buildings, and source renewable energy for our real estate and operations,” said Cheryl Hodder, Chief Sustainability and Legal Officer. “We’ll collaborate with our suppliers, customers, partners and bargaining agents to meet our science-based target, while encouraging others to reduce emissions and take action. These are important measures for all Canadians, and we will continue to keep them updated on our progress.”

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