Climate Change Data

Milšped Group

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:14,717.21 tCO2e (Scope 1 & 2 in base year); 877,093.26 tCO2e (Scope 3 in 2023)
Scope 1 Emissions:12,339.92 tCO2e (2023)
Scope 2 Emissions:2,361.46 tCO2e (2023)
Scope 3 Emissions:877,093.26 tCO2e (2023)
Renewable Energy Share:34% (WH1 and WH2 in 2023)
Total Energy Consumption:4,957,901 kWh (2023)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Installed a solar power plant, resulting in a 34% reduction of energy usage from the grid in Milsped’s largest logistic center.
  • Implemented LED lighting solutions, reducing energy consumption.
  • Implemented route optimization and minimization of driving empty tours.
  • Achieved a Fast Mover rating in EcoVadis assessment for 2023.

Social Achievements

  • Expanded training and development programs.
  • Ensured a secure working environment for all employees.
  • Opened new services and sectors, creating job opportunities.
  • Supported the conference "Trends and challenges of female engineers in logistics and transport"
  • Celebrated 30th anniversary with tree planting and family-focused events.
  • Launched M Base Learning Center for employee development.

Governance Achievements

  • Updated and implemented Supplier Code of Conduct.
  • Implemented a two-tiered management structure (Supervisory and Management Boards).
  • Maintained ISO 9001, ISO 14001, ISO 45001, ISO 27001, HACCP, FSSC 22000, TAPA TSR, TAPA FSR, and AEO certifications.
  • Implemented a risk management program for security.

Climate Goals & Targets

Long-term Goals:
  • Achieve CO2 neutrality by 2050.
Medium-term Goals:
  • Extend ISO 14001 certification to cover 100% of the Group's locations by 2030.
  • Achieve 100% usage of electric forklifts by 2030.
  • Increase the number of solar panels.
  • Increase usage of HVO or other biofuels to 3% of total volumes in International Transport by 2030.
  • Introduce Green logistics solutions by 2030.
Short-term Goals:
  • Achieve a silver rating in Eco Vadis Assessment in 2024.
  • Install electronic chargers for electric cars in Belgrade and Niš in 2024.

Environmental Challenges

  • Increased Scope 1, 2, and 3 emissions due to increased warehouse storage space and higher volumes.
  • Increased diesel consumption driven by technical demands of services.
  • Increased non-hazardous and hazardous waste due to business expansion.
  • Evolving market demands and technological disruptions.
Mitigation Strategies
  • Implementing energy-efficient practices, including solar power and upgraded warehouse equipment.
  • Exploring collaborative logistics models to reduce empty miles.
  • Engaging with suppliers to enhance sustainability practices and improve supply chain efficiency.
  • Exploring HVO or other biofuels to reduce fuel consumption.
  • Seeking innovative solutions for waste reduction and responsible disposal.
  • Investing in hybrid and electric vehicles.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Selection of vehicles with minimal CO2 emissions
  • Replacement of acid batteries with lithium-ion batteries
  • Cooperation with transport service providers to reduce emissions
  • Using materials with at least 30% recycled content
  • Cooperation with companies that employ people with disabilities

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

  • SDG 3: Good Health and Well-being
  • SDG 7: Affordable and Clean Energy
  • SDG 8: Decent Work and Economic Growth
  • SDG 13: Climate Action

Milšped's initiatives contribute to these goals through employee well-being programs, renewable energy investments, job creation, and CO2 reduction targets.

Awards & Recognition

  • EcoVadis Fast Mover rating (2023)