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29 June 2017

UPS Nearly Doubling Alternative Fuels Fleet By 2025

UPS has set a target to have 25 percent of its new vehicle purchases be alternative fuel or advanced technology vehicles by 2020 – up from 16 percent last year.

By 2025 UPS wants 40 percent of its fleet to be fueled by sources other than conventional gasoline and diesel, doubling last year’s 19.6 percent.

The company also wants 25 percent of the electricity it consumes to come from renewables like wind and solar in 2025, a huge increase from 0.2 percent clean energy last year.

These objectives are among the goals the package delivery company outlined in its 2016 Corporate Sustainability Report as part of its goal to slash greenhouse gas emissions 12 percent by 2025.

The 12-percent emissions reduction mark came from a methodology that was approved in the Science Based Targets initiative, the company said.

That initiative is based on Paris climate accord standards, where companies commit to reduce GHG at the level of decarbonization required to keep the world’s temperature below 2 degrees Celsius. Science Based Targets came from a collaboration between CDP (formerly the Carbon Disclosure Project), World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC).

The UPS ground transportation fleet currently has more than 8,300 alternative fuel and advanced vehicle technology vehicles in place. That includes electric, hybrid, hydraulic hybrid, compressed natural gas, liquefied natural gas, propane autogas, and lightweight fuel-saving composite body vehicles. The delivery company also fuels up with renewable diesel and renewable natural gas, using millions of gallons of the clean fuels each year.

SEE ALSO:  UPS Hits One Billion Mile Alternative Fuel Mark A Year Early

“Because of our size and scale, we know our commitments can shape markets, advance technologies and be a catalyst for infrastructure investments,” said David Abney, UPS chairman and CEO. “We rely on the ingenuity of our employees, suppliers and technology partners to help us reach goals that will transform the shipping industry and spur innovation.”

The company has invested more than $750 million in clean vehicles and fueling stations globally since 2009. UPS consumed more than 97 million gallons of alternative and lower-carbon fuels in its ground fleet last year.

The delivery company recently made an $18 million investment in on-site solar energy systems that will power eight facilities.

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