18.06.2024 19:22:49 - dpa-AFX: EQS-News: Avolta and DB Schenker partnership pioneers marine biofuel in Barcelona-Miami transport route (english)

Avolta and DB Schenker partnership pioneers marine biofuel in
Barcelona-Miami transport route

Avolta AG / Key word(s): Miscellaneous
Avolta and DB Schenker partnership pioneers marine biofuel in
Barcelona-Miami transport route

18.06.2024 / 19:22 CET/CEST

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Avolta, the leading global travel experience player, celebrates its
trailblazing agreement in Spain with DB Schenker, the world's leading
logistics service provider, for the transport of goods using marine biofuel
between Europe and the United States. This is the first contract of its kind
in the Spanish market and places Avolta among the pioneering companies in
low-emissions maritime transport.

From now on, all containers that Avolta will move on the Barcelona - Miami
route, using biofuel, will be shipped on low emission through the
application of waste-based marine biofuels and additional units of
sustainable marine biofuel, to achieve additional compensation of the
biofuel's upstream emissions. This biofuel switch could prevent over 150
tons of CO2e Well-to-Wake emissions per year, based on Avolta's 2023
container volume on this route, reducing up to 84% of the CO2 emissions.

The fuel used is called Used Cooking oil methyl ester (UCOME) and is based
on renewable and sustainable sources, mainly waste cooking oil. The
application will be guided by the Book & Claim System, a set of principles
that have been developed through a global, multi-stakeholder process with
third-party validation to ensure that the use of this chain of custody model
has full traceability and credibility, as well as a demonstrable climate
impact.

Camillo Rossotto, Chief Public Affairs & ESG Officer Avolta, commented: "We
are taking a significant step forward towards decarbonising our shipments
and route transportations. This agreement represents the starting point of
the transitioning to biofuel for ocean freight which will contribute to
decarbonise our logistic emission. Our company's commitment to
sustainability is firm and long-term and, as proof of this, we are planning
to increase the volume of containers transported using biofuel, advancing in
the sustainable and low-emission transportation industry."

Miguel Ángel de la Torre, director of maritime transport at DB Schenker in
Iberia, said: "Our mission is to help, facilitate, and guide our customers
in the sustainable transformation, and on this occasion, we are doing so by
offering this biofuel so that they can convert their freight transport into
low-emission transport. In this way, our customer Avolta is not only
pioneering and helping to reduce emissions but is also ahead of the new
regulations and associated benefits that will be tightened in the coming
years".

In the context of shipping, the new International Maritime Organization
(IMO) strategy calls for a 40% reduction in greenhouse gases by 2023 and for
at least 10% of the energy used in shipping to come from zero-energy
sources, to achieve net zero greenhouse gas emissions by 2050.

For further information:

CONTACT

REBECCA McCLELLAN CATHY JONGENS

   Global Head Investor Relations         Director Corporate
                                          Communications
   Phone : +44 7543 800405                Phone : +41 79 288093
   (1)rebecca.mcclellan@avolta.net  1.    (1)cathy.jongens@avolta.net  1.
   mailto:rebecca.mcclellan@avolta.net    mailto:cathy.jongens@avolta.net




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End of Media Release

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   Language:       English
   Company:        Avolta AG
                   Brunngässlein 12
                   4010 Basel
                   Switzerland
   Phone:          +41612664444
   E-mail:         Headoffice@dufry.com
   Internet:       https://www.avoltaworld.com/
   ISIN:           CH0023405456
   Listed:         SIX Swiss Exchange
   EQS News ID:    1928073




End of News EQS News Service
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1928073 18.06.2024 CET/CEST

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