LX Pantos is a total logistics company that fulfills its social responsibility through transparent and systematic sustainability management activities.
LX Pantos is establishing a carbon neutrality roadmap and carrying out action plans for climate change.
LX Pantos established the 2050 Net-Zero target by reflecting the country-level 2050 GHG reduction target (NDC: Nationally Determined Contributions) and is considering expected emissions and reduction measures. By 2030, we plan to fulfill our corporate social responsibility toward carbon neutrality with the goal of reducing emissions by 25% compared to 2022.
LX Pantos plans to reduce greenhouse gas emissions by converting to eco-friendly vehicles and promoting greenhouse gas reduction projects. We are establishing GHG reduction plans for each business through intensification of logistics bases, conversion of means of transportation to rail transportation with low carbon emissions, improvement of vehicle loading rate, establishment of green logistics information system, and conversion to renewable energy, and are in the process of converting our owned or leased vehicles to 100% electric vehicles by 2030. In addition, by voluntarily joining the CDP(Carbon Disclosure Project), we actively disclose our greenhouse gas reduction performance and, as a leading logistics company, we plan to respond to climate change by continuously discovering and implementing reduction measures.
Designated as a company for the GHG Emissions Trading Scheme in 2020, LX Pantos sets the volume of GHG Emissions and manages it in accordance with the Guidelines for Reporting and Certification of Emissions from the Greenhouse Gas Emissions Trading Scheme (The Ministry of Environment No. 2022-279) and 2006 IPCC Guidelines. Also, we closely monitor and manage our energy consumption at all our business sites, including distribution centers, trying to reduce energy consumption in various ways.
Our GHG Emissions stood at 34,631tCO2eq in total as of 2022. The direct missions(scope 1) from trucks shipping cargo and employees’ vehicles amounted to 25,181tCO2eq which accounted for 73% of the total while the indirect ones(scope 2) emitted 9,450tCO2eq from the use of energy purchased such as electricity or city gas consumed at business sites made up 72%.
Criteria for emissions calculation: Calculated in accordance with the guidelines
on emissions reporting and verification of the Emissions Trading Scheme
(the Ministry of Environment Notification No. 2022-279) and the 2006 IPCC Guidelines,
and made them verified by a third-party agency.
LX Pantos has implemented the roadmap to attain green logistics, our efforts will continue to create a green logistics environment and provide differentiated eco-friendly transportation services by carrying out the action plans for environmental management.
LX Pantos organizes a TFT composed of each business site and person in charge for company-wide green logistics activities, operates and manages environmental data occurring at each business site, and is responding to possible environmental issues together. In addition, the ESG team is exclusively in charge of GHG Emission targets and reduction management, and is in charge of implementation and management of overall environmental management.
LX Pantos has established a climate change response system aligned with the national energy and climate policies. To mitigate our carbon emissions, a variety of efforts will be made, including the shift to eco-friendly vehicles and the implementation of GHG reduction projects. Also, to become a leader in the global green logistics market, we will never relent in innovating our logistics system to come up with countermeasures to curtail emissions at our business sites and during the course of transportation.
Organization of a response system for the emission trading system
Advanced monitoring of energy use and greenhouse gas emissions
Introduction of high-efficiency center facilities
Expansion of new & renewable energy supply
Discovery of local/overseas emissions reduction projects
Employee education on climate change
Low-carbon footprint culture campaign
Use of eco-friendly products
Optimized development of international transport routing
Use of eco-friendly transportation services
By assessing the practical management scope and management system of eco-friendly logistics activities relating to logistics facilities and transportation methods, we have attained certification as an excellent green logistics company that contributes to the spread of eco-friendly logistics activities in the country.
We constantly improve our environmental goals and comply with the global standard requirements and procedures related to the ISO14001 (Environmental management systems).
LX Pantos receives third-party verification of greenhouse gas emissions every year through a verification agency designated by the government. In order to calculate, monitor and manage Scope 1 and Scope 2 emissions, we set up our own dedicated team to establish and operate the MRV (Monitoring, Reporting, Verification) system for GHG calculation, reporting and verification, and are also reviewing and responding to reduction targets and plans.
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