Transportation and logistics are critical to the global marketplace. The sector's impact, both financial and environmentally, is evident in every corner of the globe. Transportation is responsible for almost 60% of oil consumption in OECD1 countries and for 13% of all global emissions. The industry also employs millions of people and facilitates the flow of goods and commerce that lead to economic prosperity.

In light of this impact, the Carbon Disclosure Project (CDP) has produced its first report on the industry. Worth noting is the broad range of transportation companies that are represented in this report. There are airports, passenger and cargo  airlines, railroads, logistics companies, small package delivery companies, surface transportation companies and sea freight companies, to name a few.

Each has its own unique challenges to mitigate their carbon footprint, lower emissions and address climate change. And many are doing their best to take action. But the Transport sector is behind other industries in terms of environmental impact reporting and goal-setting. Based on this report's findings, many transport companies also are struggling with identifying and reporting climaterelated risks and complete carbon emissions.

As a member of CDP's Global Carbon Disclosure Leadership Index, we encourage our peers to comprehensively

report on their environmental impact, to develop plans to reduce carbon emissions, and to work collaboratively to address climate change.

This report offers good information about best practices, emerging standards, market trends and investor expectations. It also highlights the market and financial opportunities that exist for the industry.

Our industry indisputably has a responsibility to address its environmental impact. We encourage the companies in our industry to act decisively to ensure a greener planet.

Download files

- CDP-Transport-Report.pdf