Environmental, Social and Governance (ESG)
GEFCO’s sustainability strategy is centred around four key pillars, supported by 8 commitments linked to UN Sustainable Development Goals (SDGs), and 22 objectives backed by concrete KPIs to reach our targets by 2030.
Our approach builds on existing initiatives, streamlines all actions and gives us a clear route to incorporating ESG into the global strategy of the company. Thus, we ensure that we have a measurable ESG impact which will support GEFCO in reaching its goals.
Pillar 1: Act as a corporate citizen
We meet our duty as a company to maintain the highest standards of business conduct and ethics. GEFCO intends to be exemplary on matters of anti-corruption, competition, data protection, human rights, and governance, as demanded by legislation and the public at large. This is particularly important as concerns over fair data management and cybersecurity risk are foregrounded.
Pillar 2: Ensure sustainable partnerships
As partners and customers increasingly require greener trade flows and environmentally friendly supply chain solutions, GEFCO is committed to responding flexibly to their changing priorities and helping them unlock benefits beyond the financial, including meeting their own ESG and sustainability targets. We will act together with our suppliers, be transparent on our expectations, and support them to reach their targets.
Pillar 3: Reduce our environmental footprint
GEFCO is taking clear and ambitious commitments which will make us leaders in our line of business for reducing our environmental footprint. Our decarbonisation plan will enable GEFCO to lead progress within our sector: By 2030, we aim to reduce Scope 1 & 2 emissions by 40%, and Scope 3 emissions by 30%. Our objectives were set in line with the Paris Agreement and we committed to the SBTi (Science Based Target initiative).
Pillar 4: Develop and protect our people
People are our priority. Our continued commitment to health and safety across our operations, and the increased scale of training provided to our employees enable us to build the GEFCO of tomorrow, together.
United Nations Sustainable Development Goals
The United Nations have defined17 sustainable development goals (SDGs). Each includes specific targets to be achieved by 2030, such as reducing road accidents, developing education, promoting gender equality, fighting corruption, combating climate change and promoting cleaner energy.
GEFCO has selected 7 priority SDGs to work towards in its activities.
External commitments and recognition
Anti-corruption guidelines
GEFCO's Ethics & Compliance Program
GEFCO is committed to being an exemplary company in the area of ethics and compliance. As a signatory to the United Nation Global Compact since 2010, GEFCO has a zero-tolerance policy towards corruption.
DownloadDiscover the 8 commitments
#1 Conduct business fairly and ethically
GEFCO has a duty to set an example by conducting business fairly and ethically. That’s why we’ve developed a clear framework for employees, suppliers and subcontractors.
#2 Engage our employees
We’re also aligning local volunteering, sponsorship and other charitable initiatives with our global ESG guidelines.
#3 Influence our carriers
It is important for us to ensure they will respect a range of conditions and amongst them, ESG criteria.
#4 Boost customer trust with innovation
GEFCO is committed to meeting our customers’ needs as they evolve, which means working alongside partners to innovate, digitalize and streamline our services.
#5 Improve our sites’ environmental impacts
As a responsible company, we must reduce the environmental impact of our sites on the communities and ecosystems in which we operate. A significant part of this is the achieving of our CO2 reduction targets.
#6 Cut our global emissions
We’re aiming to reduce Scope 1 and 2 emissions in our owned fleets and buildings by 40% and Scope 3 emissions from our subcontractors by 30%.
#7 Protect our health and safety
We take every step possible to protect the health, safety and well-being of the people we work with, whether they are GEFCO employees, subcontractors or suppliers, on site or on the roads.
#8 Help our people grow
GEFCO relies on a versatile and talented workforce as well as a global network of partners and subcontractors.