Leading logistics services provider Agility reports that it has invested $18 million in green supply chain technologies to date. By 2025, the company plans to cut its emissions by 25% compared with 2016 levels. To reach that goal, the company is implementing renewable energy pilots in large facilities across the world and building to green standards as it adds over 300,000m2 of facilities to its portfolio of warehousing and light industrial facilities across the Middle East and Africa.
Agility Chairwoman Henadi Al-Saleh said: “Green technology is a major focus of our investment strategy, and we are always on the lookout for dynamic new businesses that can revolutionise the supply chain to help protect the planet. We are looking at innovative solutions that drive business value by reducing costs, increasing efficiency, and reducing energy consumption at the same time.”
Green technology start-ups benefitting from the $18 million investment include TVP Solar. Already deployed in the Middle East, including Agility’s corporate headquarters in Kuwait, TVP Solar solutions operate autonomously with no need for cleaning, directly replacing fossil fuels with cheaper, cleaner, solar heat.