Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Clean vehicle technologies
• Energy efficiency
• Safety
• Community engagement

Environmental Achievements

• Installed solar panels on Roosendaal warehouse, supplying 485,000 kWh per year
• Continued use of electric truck in Belgium with no CO2 emission
• Increased use of LNG trucks for sustainable projects
• Active involvement in Super Eco Combi (SEC) testing (32-meter long vehicles) to reduce CO2 emissions by up to 27%

Social Achievements

• Employee satisfaction survey showed 50% would recommend Vos Logistics as an employer (up from 43% in 2016)
• Launched a successful pilot Health Week in 2019
• Improved lost time injury rate from 1.01 in 2018 to 0.68 in 2019
• Reduced lost workday cases from 47 in 2018 to 34 in 2019
• Partnered with ICM to develop a customized training program for young professionals
• Partnered with De Leijgraaf for Workplace Learning program
• Donated €5,000 to various charities

Governance Achievements

• Implemented e-CMR app to enhance invoicing process and reduce lead times
• Improved IT infrastructure security, including hiring a security engineer and working towards ISO27001/2 certification
• Maintained compliance with legislation in all operating countries

Climate Goals & Targets

Environmental Challenges

• Weakening international transport market
• Decrease in industry production in Europe
• Higher costs due to pressure on the labor market
• Fluctuating fuel prices
• Challenging labor market
• Termination of a service contract by a client who moved to insourcing logistics

Mitigation Strategies

• Reduced fleet size in response to market conditions
• Adapted capacity to demand
• Implemented Lean processes to improve efficiency and reduce costs
• Implemented fuel clauses in sales agreements
• Launched dynamic online recruitment strategy
• Implemented employee referral program
• Expanded IT team to drive digital agenda

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Challenging suppliers to reduce environmental footprint
• Requiring suppliers to identify and reduce product risks

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Global Reporting Initiative Standards (G4 Core)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• 3 (Good Health and Well-being)
• 4 (Quality Education)
• 8 (Decent Work and Economic Growth)
• 13 (Climate Action)
• 17 (Partnerships)

Vos Logistics’ strategic pillars and material topics are aligned with these SDGs

Sustainable Products & Innovation

• SmartFox
• e-CMR app
• TX-SKY™ on-board computers
• WABCO TX-FLEX™ app

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• Safety
• Employee well-being
• Community engagement
• Energy efficiency
• Clean vehicle technologies

Environmental Achievements

• Reduced CO2 emission per tonne/km (fleet) from 0.036 in 2021 to 0.032 in 2022
• Reduced CO2 emission per m2 (warehouses) from 5.6 in 2021 to 1.9 in 2022 (after compensation)
• Increased use of multimodal transport
• Oss distribution center received BREEAM 5-star certificate
• Insetting of biofuel (HVO) to reduce emissions
• Installation of LED lighting systems with motion detectors at various premises

Social Achievements

• Launched several programs to improve employee health and well-being in 2023
• Continued collaboration with Senzer, offering people with disabilities work opportunities
• Launched Future Driver program
• Launched Leadership Development program in Romania
• Provided humanitarian aid to Ukraine
• Organised collection of goods to support Ukrainians
• Decreased Lost Time Injury Rate (LTIR) from 0.77 in 2021 to 0.59 in 2022
• Decreased third-party liability (TPL) accidents score from 57.3% in 2021 to 51.2% in 2022

Governance Achievements

• Continued to comply with the principles of the Dutch Corporate Governance Code
• Implemented a Whistleblower Policy
• Published an integrated financial and sustainability report

Climate Goals & Targets

Environmental Challenges

• Rising diesel prices
• Tight labor market
• Supply chain disruptions in the automotive industry
• War in Ukraine
• Economic slowdown towards the end of the year
• EU Mobility Package regulations
• Changes in wage taxation in Poland
• High energy prices
• Staff shortages

Mitigation Strategies

• Applied fuel clauses in sales agreements
• Invested in fleet and premises
• Implemented operational efficiencies and improvements
• Reduced subcontracted capacity and rented trailer fleet
• Initiated efforts to optimize and redesign operational processes
• Actively track legislative changes and adapt operations
• Training and retention programs
• Active recruitment
• Agility in capacity, outsourcing and workforce
• Re-evaluation of customer contracts
• Using HVO as an intermittent solution to reduce carbon emissions

Supply Chain Management

Responsible Procurement

• Supplier assessments
• Sustainable procurement policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Global Reporting Initiative Standards (G4 Core)

Certifications: BREEAM 5-star certificate (Oss DC)

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 8
• SDG 13
• SDG 17

Initiatives contribute to these goals through health and safety programs, training and development, decent work, climate action, and partnerships

Awards & Recognition

• BREEAM 5-star certificate (Oss DC)