Sustainability in Transportation & Logistics

After the energy sector, transportation and logistics is the most visible industry in the global effort to curb climate change. The sector’s number one priority should be to reduce its fuel consumption and CO2 emissions.

Regulation is reinforcing these priorities. Aircraft, for example, the most energy-intensive mode of transportation, is subject to emissions caps in 2012 under the EU Emissions Trading Scheme. Ground transportation is becoming an increasingly viable replacement for air transport, but ground transport is also under intense pressure. Strategies for reducing fuel consumption and carbon emissions particularly from road vehicles range from adopting more alternative energy and hybrid vehicles and using lighter vehicles, to developing new service models. Some companies are also devising strategies and incentives to encourage customers and employees to curb their energy use and emissions.

Other environmental agenda items for the sector include minimising noise pollution and ensuring the safe transport of dangerous and toxic substances, particularly in densely populated and environmentally sensitive areas.

With emission trading specialists in 40 countries worldwide, PwC is the biggest and most talked-to climate change practice. PwC is a leading independent carbon verifier, with a network of accreditated verifiers in all EU Member States. We act as verifier for more than 300 companies in different sectors across Europe, applying the rigour and approach used in financial audits to deliver a consistent high standard of work to our clients. Our global sustainability services include:

  • Compliance and assurance
  • Corporate strategy and public policy in relation to climate change
  • Monitoring and reporting
  • Performance management
  • Carbon markets transactions

Case study: Development of a carbon strategy for a global airline and assistance on its implementation

The Issue

A leading global airliner selected PwC as their partner to help them understand the impacts of carbon in their business and assist them in embedding it into business as usual processes. Prior to our involvement, the business had been adopting various approaches to carbon and as a result there was little consistency, communication or accountability on carbon amongst the business units.

Our solution

The journey began with a carbon readiness road map which PwC developed in collaboration with the business. Through the carbon readiness road map, PwC assisted the business in:

  • raising awareness & understanding of climate change policy and the role of carbon markets
  • discussing implications with parts of the business likely to be materially impacted, and
  • documenting recommended actions and accountabilities in business response to carbon markets

To achieve this, PwC facilitated a range of workshops and worked with the business in identifying a range of issues from strategy, governance, risk management, communication and systems & processes.

Following the identification of the key carbon implications, PwC worked with identified business units to determine specific carbon activities and determine how these activities could be transitioned into business as usual processes. This process involved a consideration of strategy, structure, people, processes & systems.

The output of this process was individual business unit project plans that were consolidated into a corporate wide project plan.