To champion responsible business practices and environmental stewardship by recognising climate change as the most pressing issue confronting humanity, committing to playing a part in reducing temperature rise and prioritising sustainability so as to ensure long-term value for our stakeholders. Kerry Logistics Network has committed to achieving net-zero from operations and value chain by 2050. This Carbon Offset Policy represents a key step in our pathway towards that net-zero goal.
This Carbon Offset Policy (the “Policy”) governs Kerry Logistics Network’s approach to carbon offsetting and the procurement of verified carbon credits. At present, the Policy focuses on carbon credits generated from project-based activities, from which the vast majority of carbon credits are sourced.
The Policy was developed and last updated in December 2021. We will review the Policy periodically to ensure that it remains up to date and aligns with international standards and industry best practices.
The Policy adheres to the following carbon management hierarchy:
Carbon Offset Procurement Criteria
We have developed a set of robust criteria to guide us in identifying and procuring high-quality carbon credits to offset the remaining emissions in our value chain. We apply the following criteria and standards when selecting projects to invest in:
The criteria are informed by international standards set by accredited registries.
As a global logistics company, Kerry Logistics Network prioritises carbon offset projects that contribute to both environmental and community benefits, particularly for low-income or vulnerable communities. These projects should ideally quantify the positive social impact that they have on communities.
Kerry Logistics Network commits to reporting our carbon offsetting activities transparently through our sustainability report. To request information on our carbon offsets, please contact us at email@example.com.