ESG in European logistics market

“European Logistics and Supply Chain Sustainability Report 2022” is a very interesting research* on ESG in European logistics done by law firm HFW and warehouse developer Panattoni. Please find the executive summary below:

✅ 66% of third party logistics providers have won new business as a result of their ESG practices.

✅ 62% of companies are willing to pay extra for ESG certifications however exact amount depends on the size of the increase.

✅ 80% of companies have goals and targets in place to support environmental programmes and employee welfare aims with 75% having measures to address corporate governance.

✅ 45% of manufacturers and retailers believe that linking executive compensation to ESG targets would encourage improvements.

*research was conducted among logistics executives across 12 European countries.

Source: HFW and Panattoni