DHL Express, Standard Chartered announce SAF partnership

In Germany, DHL Express has signed a strategic partnership with Standard Chartered, for DHL Express’s GoGreen Plus service. Through the agreement, the two organizations have agreed to co-invest in SAF, allowing Standard Chartered to balance CO2 emissions linked to its upstream logistics with high quality Verified Emission Reductions (VER) carbon credits. Starting January 1, 2024, Standard Chartered is among the first banks to use the DHL GoGreen Plus service globally. “The partnership between Standard Chartered and DHL has been going strong for more than two decades. They were the first bank to adopt our GoGreen  service in 2011 and are now working with us to make international express shipping more sustainable,” said Yung C. Ooi, Senior Vice President for Commercial, Asia Pacific, DHL Express. In 2023, DHL Express launched the GoGreen Plus service, allowing customers to reduce the CO2e emissions associated with their air freight with the help of SAF. GoGreen Plus is made possible by three of the most significant SAF contracts with BP, Neste, and World Energy.

More on the story.