September 7, 2025 | 12:00am
MANILA, Philippines — The FAST Logistics Group is planning to attain net-zero emissions by 2050 following the launch of its environmental, social and governance (ESG) technique.
FAST Logistics is concentrating on to cut back direct carbon emissions by 55 % by 2030 with 2023 as its baseline.
The corporate additionally pledged to chop Scope 1 and a couple of greenhouse fuel emissions, cut back waste and packaging and put money into inexperienced applied sciences throughout its operations.
Scope 1 GHG emissions consult with direct carbon emissions of an entity whereas Scope 2 are oblique emissions related to purchases of electrical energy, steam, warmth or cooling.
“Our journey to web zero is a metamorphosis of how we energy, transfer and handle logistics,” FAST CEO for Logistics Manuel Onrejas Jr. stated.
“Each step we take to chop emissions brings us nearer to a future the place sustainability drives competitiveness,” Onrejas added.
FAST Logistics additionally launched its ESG technique that’s anchored on 4 key priorities: buyer satisfaction and welfare; protected and empowered office; transitioning to a low-carbon financial system and powerful governance and danger administration.
The logistics agency stated its sustainability commitments are vital because it operates the most important warehouse footprint within the nation, overlaying two million sq. meters with a couple of million pallet positions, a billion annual case throughput and has the most important transport fleet of over 3,100 vehicles.
“FAST’s dedication goes past operations, aligned with its long-standing mission of offering Logistics Para sa Bayan. Logistics Para sa Bayan has at all times been about serving individuals and the planet. Logistics generally is a drive for each progress and sustainability,” Onrejas stated.
FAST Logistics acquired the Sustainability and Inexperienced Logistics Award on the 2024 SCMAP Provide Chain Excellence Awards for pioneering using inexperienced applied sciences in Philippine logistics.
In early 2024, the corporate rolled out the business’s first totally electrical truck, which makes use of solar-powered EV charging stations, in addition to GPS and AI dashcam.
Three of the agency’s main warehouses are additionally totally working on one hundred pc renewable power, it stated.