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DSV Releases 2021 Sustainability Report

The 2021 Sustainability Report outlines progress and achievements across DSV’s Environment, Social and Governance initiatives (ESG).

dsv sustainability report 2022
This week, DSV released “Leading the way for a sustainable future,” an in-depth report that outlines our commitment and contribution to ESG globally.

This comprehensive report outlines DSV’s Environment, Social and Governance (ESG) initiatives and is the most detailed report released to date.

For the 2021 report, our reporting practices are aligned with recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), which assesses the impact of climate change on DSV’s business and provides an overview of key climate-related risks and opportunities. This was implemented in conjunction with the Sustainability Standards Board (SASB), which facilitates detailed disclosure tailored to DSV’s investors.

Global Reporting Initiative

In addition to complying with Global Reporting Initiative (GRI) standards, DSV also attained GRI approval for the report. GRI compliance was key in enabling us to gain the required assurance. GRI, an independent international organization, is the world’s most widely used standard for sustainability reporting.

“DSV’s sustainability ambitions have continued to grow over recent years, and the scale of our business demands that we are more active in driving the sustainability agenda within our industry which we aim to do. I am delighted at the important steps that we have taken and believe that our 2021 report illustrates the important role that sustainability plays within DSV,” says Jens Bjørn Andersen, Group CEO, DSV A/S, and continues:

“At DSV we are guided by our purpose, which is to ensure that we keep supply chains flowing in a world of change, enabling sustainable growth for DSV and our stakeholders and reducing the environmental footprint of our operations.”

DSV’s Executive Vice President of Group Compliance, Martin Andreasen, is pleased with the comprehensive 2021 sustainability report and underlines the importance of the data integrity and accuracy:

“I am proud of the high level of reporting that we have achieved. In 2021, we have implemented a range of new frameworks, standards and external assurances to enhance our report and provide stakeholders with extensive disclosure, reliability and data accuracy. This has been achieved whilst continuing to raise our ambitions and develop our sustainability programs within the organization. I am pleased with the progress that we have made across all areas of sustainability and believe that we have set a new benchmark that we can continue to build upon.”

Highlights in 2021

One of our highlights during 2021 was the launch of Green Logistics. This is an ambitious set of green solutions ranging from CO2 reporting and strategic supply chain optimization to emission compensation and sustainable fuel offerings. Each solution is designed to reduce DSV's customers' emissions and DSV’s scope 3 emissions for subcontracted transport.

In addition to Green Logistics, DSV also introduced the global Diversity and Inclusion Policy. The policy formalizes the belief that employees should have the possibility to realize their potential, regardless of their different individual backgrounds. This was launched in conjunction with an e-learning program on diversity and inclusion that was rolled out globally and completed by managers and HR staff.

To read more about our 2021 sustainability achievements, find the sustainability report here.

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