TIP I S PAV I N G T H E WAY T O S U S TA I N A B I L I T Y
TO ENSURE MORE SUSTAINABLE LOGISTICS, WE NEED TO ADJUST AND RETHINK OUR TRADITIONAL WAY OF OPERATING ACCORDING TO TIP.
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isruption usually emerges from various events colliding and bringing forward something that changes the game. Sustainability used to strongly align to ethical principles but would not fit easily with a profit-oriented business. Also, technology would not be able to fulfil the promises given by the sustainability movement. “TIP sees a unique momentum and the possibility for real disruption.”
Technology has finally picked up. The whole spectrum from data analysis that is allowing insights into non-financial performance to ever improving battery performance. Sustainability is turning into a highly profitable business. Based on a long-term study performed by global consulting company, McKinsey, sustainable companies show a 3.0 per cent value increase year-on-year compared to nonsustainable companies. This rationale is apparent – more sustainable companies are trusted to deal better with a rapidly changing business environment and trust translates into enterprise value. The quest for alternative fuels in the transportation industry has only started and opens the door to a vast market. Regulations like the EU Taxonomy are finally defining what sustainable business conduct actually is. In the future, sustainability won’t be a matter of storytelling anymore but a simple
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percentage of alignment to the technical standards of sustainability expressed by the EU Taxonomy. TIP is committed to drive the industry towards sustainability and help customers achieve their environmental targets faster, easier and at a bigger scale. “There is a difference between progress and movement.”
The foundation for making the green transition a success is to understand what the material subjects are. TIP has performed an extensive multi-stakeholder dialogue to determine the areas in which the organisation can make the biggest contribution to sustainability. It is focusing on carbon footprint, circular economy and corporate social responsibility because these are the matters where materiality
