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01/27/2021

Delivery Hero reaches new climate milestone by becoming carbon neutral in Latin America

DGAP-News: Delivery Hero reaches new climate milestone by becoming carbon neutral in Latin America

DGAP-News: Delivery Hero SE / Key word(s): Sustainability
27.01.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

  • Delivery Hero becomes carbon neutral for its Latin American operations from January 2021 onwards, marking further progress on the company's sustainability ambitions
  • Delivery Hero aims to offset 100% of the carbon footprint generated by its operations worldwide by the end of 2021
  • Delivery Hero has offset 215,378 tons of CO2 equivalent since the start of its net-zero carbon emissions initiative by supporting a range of environmental projects across the globe

Berlin, 27 January 2021 ﹣ Delivery Hero SE ("Delivery Hero"), the world's leading local delivery platform, today announced that its operations in Latin America become carbon neutral from January 2021 onwards. The company has set an ambitious goal to be carbon neutral globally by the end of 2021. Having achieved net-zero emissions in Europe in January 2020, Delivery Hero now reaches a new milestone by extending the carbon neutrality efforts to its Latin American markets[1]. This accomplishment further reinforces the company's environmental commitments and also contributes to the EU Climate Target Plan 2030.

Niklas Östberg, CEO and Co-Founder of Delivery Hero, said: "We are proud to have achieved carbon neutrality in all our European and Latin American markets in such a short period of time. Delivery Hero needs to set aspiring goals and encourage other companies to join the climate protection efforts. We want to build a company that the next generation can be proud of, and by taking responsibility for our greenhouse gas emissions, we can contribute to a more sustainable future for our customers and communities around the world."

Delivery Hero is committed to offsetting 100% of its carbon footprint. This includes emissions from operations (such as deliveries, food packaging, Dmart grocery items) and offices (such as energy consumption, procurement activities, business travel). Since the launch of the carbon neutrality program in 2019, Delivery Hero has offset 215,378 tons of CO2 equivalent. Thanks to the carbon neutrality program, a wide range of certified climate projects across Europe, Latin America and Asia have been funded, including rainforest protection in Peru and renewable energy projects in Bulgaria, China and India. Delivery Hero works with South Pole, a leading advisor and provider of global climate services, to measure and offset emissions. The project certificates and additional details about 2021's program can be found on Delivery Hero's sustainability website.

Jeffrey Oatham, Director of Sustainability, CSR and Safety at Delivery Hero, said: "At Delivery Hero, we care about the environment, the communities we operate in and the world around us. Being carbon neutral globally by the end of 2021 is an important part of our ambitions, but not the end of our journey. We are committed to creating a more sustainable delivery ecosystem by constantly introducing industry leading standards, including addressing our carbon footprint and plastic waste."

Delivery Hero has developed an extensive CSR and Sustainability Program with multiple social and environmental initiatives such as meal donations, corporate volunteering and a global sustainable food packaging scheme which will launch later this year. Over the past two years, Delivery Hero has invested in a number of sustainable companies that offer innovative solutions to challenges relating to the delivery and food industry, including biodegradable packaging and plant-based food products.

ABOUT DELIVERY HERO
Delivery Hero is the world's leading local delivery platform, operating its service in 50 countries across Asia, Europe, Latin America, the Middle East and North Africa. The company started as a food delivery service in 2011 and today runs its own delivery platform on four continents. Additionally, Delivery Hero is pioneering quick commerce, the next generation of e-commerce, aiming to bring groceries and household goods to customers in under 20 minutes. Headquartered in Berlin, Germany, the company has been listed on the Frankfurt stock exchange since 2017, and became part of the leading index DAX (Deutscher Aktienindex) in 2020. For more information, please visit www.deliveryhero.com

MEDIA CONTACT
Kingsum Li
Specialist, Corporate & Sustainability Communications
kingsum.li@deliveryhero.com

[1] Offsetting of Latin American markets excludes Glovo's operations as this entity was acquired during the 2020 reporting year



27.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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