- Supply chain disruptions due to the global pandemic.
- Acquisitions meaningfully increased air and sea freight volume, adding new offices and warehouses, impacting emissions calculations.
EV Cargo Ltd
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, EV Cargo Ltd disclosed greenhouse gas emissions of 383.8K tCO2e/year. By scope: Scope 1: 46.7K tCO2e/year; Scope 2: 1.2K tCO2e/year; Scope 3: 335.9K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
383.8K tCO2e/year
2022
Renewable Energy
8.2 TJ from renewable electricity and 72 TJ from HVO / 793 TJ total = ~10%
of total energy
Energy Use
793 TJ/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 46.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.2K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 335.9K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 383.8K tCO2e/year |
| 2021 | 560.2K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total GHG emissions (scope 1 and 2) by 29%, from 542,332 tCO2e in 2021 to 383,844 tCO2e. This excludes acquisitions. Including acquisitions, the reduction was 14% (scope 1) and 17% (scope 2).
- Reduced scope 3 emissions by 31%.
- 15% reduction in scope 1 emissions (excluding acquisitions)
- 35% reduction in scope 2 emissions (excluding acquisitions)
- Partnership with AB InBev introduced HVO fuel, reducing associated vehicle emissions by over 90%.
🎯 Climate & Sustainability Targets
🔜 Short-term
- 70% of procurement spent with suppliers with verified ESG policy by end of 2023.
- 70% of procurement spent with suppliers with committed carbon target by end of 2023.
- 25% of senior management positions held by females in 2023.
- 25% females in governance bodies by 2023.
- Gender pay gap less than 2% by 2023.
📅 Medium-term
- 30% new zero-emission mid and heavy-duty vehicles by 2030, 100% by 2040.
- Source all electricity from 100% renewable suppliers by 2030.
🔭 Long-term
- Reach net zero GHG emissions across value chain by 2050.
🌱 ESG Focus Areas
PlanetPeople & CommunitiesGovernanceValue Creation