Kuehne+Nagel to launch carbon insetting scheme for HVO and electric trucks

Kuehne+Nagel (K+H) has launched a Book & Claim insetting scheme for operators who purchase hydrotreated vegetable oil (HVO) to reduce transport emissions.

Unlike carbon offsetting, where a company will offset its carbon emissions by investing in carbon related projects unrelated to its business, insetting allows companies to invest in emission reduction practices within its own supply chain, such as switching from diesel to HVO or replacing diesel trucks with electric vehicles.

K+H’s Book & Claim scheme for HVO has launched the scheme in Europe and will roll it out in the UK from January 2024.

Hansjörg Rodi, K+H board member for road logistics, said: “Customers purchasing HVO can now reduce carbon emissions in their value chains. This will increase the demand and therewith the supply of low-emission technologies, to accelerate the decarbonisation of road logistics. The K+H team is also working on adding electric vehicles to the scheme.

“To decarbonise road logistics, we see HVO only as a bridging solution with battery-electric vehicles as our focus in the future. We expect this to be ready by the end of 2023.”

K+H said the Book & Claim offer will also support its own zero emission targets as well as accelerating the reduction of emissions in the logistics industry.

For more stories tracking the industry journey to decarbonisation see our new Freight Carbon Zero website.

The post Kuehne+Nagel to launch carbon insetting scheme for HVO and electric trucks appeared first on Motor Transport.

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