ECU launches Sustainability report, vows carbon neutrality by 2040

ECU Worldwide, Allcargo Logistics’ wholly-owned global subsidiary and leader in LCL consolidation announces release of its Environmental, Social, and Governance (ESG) FY 2022-23 report with the theme ‘Navigating the Green Horizon.’ Th

  • e report highlights ECU Worldwide’s commitment to achieve carbon neutrality by 2040, the company’s ESG goals and commitments which include energy and emissions, Occupational Health and Safety (OHS), Diversity, Equity, and Inclusion (DEI), community development, labour practices and human rights, cybersecurity, and corporate governance. Shashi Kiran Shetty, Founder & Chairman, Allcargo Group said, ” With the launch of the report, we have set out on a mission to instill sustainable practices in our operations, aiming to minimize our ecological & social impact while delivering seamless logistics solutions. We at ECU Worldwide, are committed to moving further towards a sustainable and resilient future with our ESG journey. Being a global logistics conglomerate with presence in 180 countries, we recognize our responsibility to transform operations and actively contribute to reducing emissions. In line with the United Nations’ Sustainable Development Goals (UNSDGs), Global Reporting Initiative (GRI) 2021 Standards, we have set out to achieve carbon neutrality and adopt 100% renewable energy at all owned facilities by 2040. We firmly believe that collective action will help in solving challenges and achieving a sustainable supply chain, as we look to collaborate with our customers, strategic partners and suppliers.”