Environmental charter

Discover our commitments and strategy to
reduce the carbon intensity of our activity by 2030.

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As a growing player in one of the most polluting industries, we are conscious of our impact on the environment.

7%

This is the share of the international freight industry in global CO2 emissions (source: OECD).

As such, we are committed to aligning the growth of our business with delivering on the commitments of the Paris Agreement to limit the increase in average temperature to 1.5°C by 2050.

In order to meet the benchmark set by the Net Zero Initiative, we intend to reduce our company's carbon intensity by 20% by 2030. To guide us in this sustainable growth, we have defined commitments and a strategy.

Our commitments : Transparency and Ambition

1

Transparency

As a signatory to the Climate Act we are committed to being completely transparent about our carbon emissions with our stakeholders.

The task is twofold

We distinguish between emissions related to our business activity (transportation on behalf of our customers) and emissions specific to our company (employee travel, office heating and lighting, and so on). There is a 1 to 100 ratio between these two categories.

There is a ratio of 1 to 100 between these two categories. Of course, like any other Climate Act signatory, we are doing our best to reduce our office emissions and be transparent about them.

However, our efforts are particularly focused on reducing the transportation-related emissions we manage and for which we feel responsible. The impact is, indeed, far greater.

20 000 vs 167

These figures show how many tons of CO2 our transportation (20,000) and offices (167) emitted in 2021.

2

Ambition

OVRSEA has a strong culture of pragmatism and excellence. We maintain high standards while remaining pragmatic.

We are aware of the enormous challenge that lies ahead: under current policies, freight transport emissions will be 22% higher in 2050 than in 2015.

Nonetheless, we examined the numerous roadblocks to decarbonizing freight. We are confident that at our level, we can make a difference. Ultimately, we want to be a pioneer in hastening freight decarbonization.

Our innovative product, combined with our well-known sector expertise, will enable us to assist our customers in their ecological transition and achieve our goal.

- 20% by 2030

In line with the objectives of the Paris Agreements, we are committed to reducing the carbon intensity (gCO2 / t.km) of the shipments we operate by 20% by 2030.

Our Strategy: Measure, Reduce, Contribute

1Measure

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The freight transport sector suffers from a lack of data to reduce pollution related to supply chains. This is not only about measuring carbon emissions, but also about geolocation, inventory insight, transit times, etc.

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Our goal is to provide our customers with the best information about their transportation, including their CO2 emissions.

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We use cutting-edge methodologies to calculate the CO2 emissions of the transportation systems we operate. In accordance with our value of transparency, we report them directly on our digital platform for our customers and stakeholders. 

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We want to improve our CO2 calculator, introducing more granularity, and we plan to develop relevant metrics to allow our customers to monitor their environmental impact.

2Reduce

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At OVRSEA, we believe that reducing carbon emissions goes hand in hand with reducing costs.

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Our goal is to leverage our privileged position to transform our customers' logistics organizations.

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We assist our customers in making the ecological transition to a "Net Zero" supply chain. When it comes to reducing the carbon intensity of freight, our expertise makes us their preferred advisor.

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We are working on two fronts to help our customers reduce their carbon footprint: our customers and our suppliers.

 We will continue to reduce the need for air freight on the customer side. To accomplish this, we will focus on two areas: our digital tool and our commercial offering. 

On the supplier side, we will select the agents and transportation companies we work with based on environmental criteria.

50

Air freight is 50 times more polluting than sea freight.

3Contribute

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International trade will always exist. Having said that, it is our industry's responsibility to contribute to the global effort to achieve the "net zero" goal by 2050.

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Our goal is to encourage our customers to contribute to the global Net Zero initiative by investing in the most reliable and environmentally friendly projects when there are no other options for reducing emissions.

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We have carefully selected reforestation projects that our clients can fund in order to contribute to the global Net Zero effort, and these investments can be made directly on our platform with each booking request.

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First, we will continue to maintain high standards in the selection of projects we offer to our clients, with an emphasis on insetting. Second, we will encourage our clients to increase their contribution to the global Net Zero effort.