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How do we create the sustainable logistics, transport and data flows of the future? We at HHLA ask ourselves these questions so we can be part of a more sustainable world. To this end, we are changing our workflows, using innovative technologies, networking, optimising and analysing. It is our aspiration to combine ecological, social and economic interests in order to make our company future-proof.
To make our logistics networks more sustainable, we are focusing on climate-friendly solutions, both at our terminals and in road and rail transport. We aim to achieve climate-neutral production by 2040 and to reduce our CO₂ emissions by at least 50 % by 2030. By the end of 2023, we had already reduced our CO₂ emissions by 38 % compared to the 2018 baseline. The guiding principle of our HHLA sustainability strategy is called Balanced Logistics.
With the implementation of our Balanced Logistics sustainability strategy, we are highlighting our commitment to bringing together environmental, social and economic interests to make our company future-proof. For us, this also means achieving group-wide climate-neutral production by 2040.
In the mobility industry, we are leading the way in sustainable logistics. In 2023, 79% of our revenues met the high climate protection requirements of the EU taxonomy, while the European industry average for mobility companies was 7% (2022). Of our capital expenditure of around €350 million (2023), as much as 87% (CapEx) was taxonomy-aligned. This shows that our business model is one of the most sustainable in the mobility sector.
We apply the Global Reporting Initiative (GRI) standards on sustainability reporting, the most commonly used standards of their kind in the world. In doing so, we also facilitate comparison at an international level.
We report on the Group and the AG in the form of a non-financial statement, the contents of which are embedded in the management report of the integrated annual report. This serves to fulfil the legal requirements that arise for us in accordance with the Act to Strengthen Non-Financial Reporting by Companies in Management and Group Management Reports (CSR Directive Implementation Act). Since 2022, the Integrated Annual Report has also included the information on the EU Taxonomy Regulation.
The nature of our business means we have a large number of stakeholders with different expectations and demands. In order to obtain an up-to-date overview of these expectations and demands, we again conducted a materiality analysis in November 2021, in which the sustainability topics of potential relevance to our internal and external stakeholders were examined.
What promising projects and proven solutions can make logistics more environmentally friendly? Read the in-depth articles.
Order or download the magazineWe at HHLA are willing and able to play a key role in the sustainable transformation of the logistics industry and support other companies as a strategic partner. Our focus here is on climate-friendly logistics chains and hubs. For example, we operate our own climate-friendly Container Terminal Altenwerder in Hamburg, where almost all vehicles are powered by electricity from renewable energy sources.
But our climate-friendly logistics solutions extend far beyond handling at the quayside. Our rail subsidiary Metrans, for example, uses electric locomotives that are suitable for the power systems in seven European countries for almost all of its transport operations within Europe. The Metrans network is growing continuously and dynamically. Hundreds of connections per week help to shift even more goods from the road to the more environmentally friendly railways. Our strength in intermodal logistics ensures sustainable and efficient supply chains. And for the last mile, we are already using the first e-trucks. Because we want to get even better.
In 2020, we launched the HHLA Hydrogen Network project to identify the potential of hydrogen in our own fields of business and beyond. This project provides the framework for all of HHLA's hydrogen activities. We want to become a pioneer in the field with the Clean Port & Logistics innovation cluster and H2LOAD for retrofitting our heavy equipment at the terminal. However, the TransHyDE funding project and the H2Global foundation also play an important role on our roadmap.
At HHLA, we want to become climate-neutral by 2040 as part of our sustainability strategy. As an energy source, hydrogen will make a significant contribution to this.
Read moreWe are currently also working intensively in Hamburg on a project to switch to shore power. This will supply container ships with energy so that they can switch off their engines in port and further reduce their CO2 and pollutant emissions. But this is just one example, and we can add many further ones throughout Europe. They show that sustainability is firmly integrated into our corporate management and management processes. We will confidently and confidently work on our vision for HHLA: a strong European logistics company with sustainable and innovative solutions for the logistics of the future.
You can find an overview of all our projects and measures in our newsroom.
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