DSV A/S
Climate Impact & Sustainability Data (2014, 2015)
Reporting Period: 2014
Environmental Metrics
ESG Focus Areas
- Energy efficiency
- Vehicle emissions
- Code of Conduct training
- Occupational accidents
- Supplier Code of Conduct
Environmental Achievements
- Road Division achieved at least 60% Euro 5 engine vehicles or better for road transports by 2014
- Reduced occupational accident frequency by 40% from 2013 to 2014
Social Achievements
- All management-level employees completed training in the DSV Code of Conduct by the end of 2014
- Supplier Code of Conduct communicated to at least 75% of all group suppliers by the end of 2014
Governance Achievements
- Joined the United Nations Global Compact initiative
Climate Goals & Targets
Short-term Goals:
- Improve energy efficiency by 15% per transport mode from 2010-2015
Environmental Challenges
- Improving energy efficiency by 15% per transport mode from 2010-2015
- Addressing unethical business practices in certain areas of the world
Mitigation Strategies
- Implementing initiatives to improve energy efficiency and reduce emissions
- Encouraging suppliers to observe the Supplier Code of Conduct
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact
Reporting Period: 2015
Environmental Metrics
Total Carbon Emissions:3,314,000 tCO2e
Water Consumption:297,000 m3
ESG Focus Areas
- Environment and climate
- Business ethics and anti-corruption
- Employees and working environment
- Supply Chain management
Environmental Achievements
- Improved energy efficiency of sea freight by 44%, exceeding the 15% target.
- Improved energy efficiency of air freight by 19%, exceeding the 15% target.
- 85% of DSV locations implemented recycling schemes for paper, cardboard, and/or plastic.
- Provided 1,243 reports on carbon footprint data to customers, corresponding to 7.2% of DSV's total carbon emissions.
Social Achievements
- Established a global human resources function to support employee development.
- Reduced lost work days due to occupational injury by more than 2% from 2014 to 2015.
- Reduced employee turnover from 22.7% in 2010 to 17.7% in 2015.
Governance Achievements
- All employees have access to the DSV Code of Conduct.
- Improved CDP disclosure score by 12 points.
Climate Goals & Targets
Medium-term Goals:
- Improve road traffic safety for DSV's own fleet of trucks.
Short-term Goals:
- Reduce occupational accidents annually.
- Reduce lost work days due to occupational injury annually.
- Raise corporate awareness of UN Guiding Principles on Business and Human Rights.
Environmental Challenges
- Limited influence on carbon emissions from subcontractors (especially road transport).
- Difficulty in achieving consistent energy efficiency improvements in road transport due to market fragmentation and diverse customer requirements.
- Challenges in collecting and validating CSR data across a geographically dispersed organization.
Mitigation Strategies
- Focus shifted to areas with greater influence (DSV-owned equipment and processes).
- New targets focus on collaboration with customers to reduce carbon emissions.
- Developed a carbon emission reporting website to improve customer dialogue.
- Implemented a global Whistleblower Programme.
- Integrated CSR reporting into corporate reporting systems and involved financial controllers in data validation.
Supply Chain Management
Supplier Audits: 30% of operating subsidiaries reviewed in 2015
Responsible Procurement
- DSV Supplier Code of Conduct
- DSV Haulier Procurement (HAP) for Eastern European hauliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI G4
Certifications: ISO 14001, ISO 9001, OHSAS 18001