DHL Express & ACB join forces to cut carbon emissions

DHL Express, the world’s leading international express service provider, has added the Asia Commercial Joint Stock Bank (ACB) to its GoGreen Plus service to reduce carbon emissions for its time-definite international (TDI) shipments through the use of sustainable aviation fuel (SAF).

By signing the partnership, ACB becomes the first bank in Vietnam to sign up for DHL’s GoGreen Plus contract to reduce 100 per cent of carbon emissions in their international express delivery shipments. The partnership signifies both parties’ clear commitment to combat climate change within their value chain.

“We believe that corporate social responsibility and business success go hand-in-hand,” said Mr. Bernardo Bautista, General Director and Country Manager at DHL Express Vietnam. “Globally, sustainability and environmental protection are important for all of us, including our customers. With SAF as our key lever to effectively reduce carbon emissions, DHL Express is proud to be the first global express courier to enable our customers to do so. Our partnership with ACB will enable their customers to also make a direct contribution to climate protection.”

“ACB is providing international payment services with market-leading quality,” Mr. Ngo Tan Long, Deputy General Director of ACB, emphasized. “We want customers to enjoy more benefits when choosing ACB. With the GoGreen Plus partnership, ACB hopes to introduce a service that not only helps add value for customers but also promotes a spirit of sustainable development through the cooperation with DHL as well as our customers.”

By investing in GoGreen Plus, it is estimated that ACB will be able to cut carbon dioxide emissions by 14 tons within a 12-month period. The entire process is verified annually by an independent third-party agency, Société Générale de Surveillance (SGS). A complementary Carbon Footprint report is also updated monthly, detailing ACB’s overall emissions with DHL Express.

Launched this year by DHL Express, GoGreen Plus leverages carbon in-setting and SAF to enable customers to reduce their Scope 3 emissions. Unlike offsetting initiatives, GoGreen Plus uses in-setting to cut emissions within the logistics sector. It can be used for DHL customers’ own voluntary emissions reporting and follows the Science Based Target Initiative (SBTi) philosophy. Instead of investing in external carbon-reduction projects like tree planting, in-setting calls for the organization to commit to sustainable practices by directly reducing or preventing greenhouse gas emissions tied to its activities.

ACB is a pioneering bank in integrating ESG-oriented sustainable development goals into its business strategy. All of its activities are aimed at striking a reasonable balance between short-term results and long-term sustainable development, as well as between revenue growth and value creation for stakeholders, thereby achieving comprehensive growth across all three E, S, and G criteria.

DHL Group is committed to achieving net-zero emissions by 2050 and is investing €7 billion ($7.47 billion) in carbon emissions reduction initiatives to 2030. With approximately 90 per cent of its carbon footprint derived from the air network, viable and sustainable air transport solutions are important for creating cleaner and greener logistics operations. This includes two of the largest ever deals with bp and Neste, who will supply DHL with more than 800 million liters of sustainable aviation fuel to 2026. This contributes to the interim target of using 30 per cent SAF for all air transport by 2030. DHL Express has also partnered with Eviation, who will deliver up to 12 electric cargo planes from 2027 onwards.