One of the world’s largest postal and delivery companies has produced its first corporate sustainability report.
United Parcel Service of America, which has 360,000 employees worldwide and a turnover of $31billion (£18bn), has produced the 40-page document as part of a strategy leading up to the company’s 100th anniversary in 2007.
‘The report was produced as a direct result of a meeting between chief executive Mike Eskew and senior managers at which they looked at where they wanted the company to be in 2007,’ said corporate environmental affairs manager Michael Herr. He added that one of the other main reasons for producing the unverified report was ‘pressure from investors, particularly those in Europe’.
Although the Fortune 100 company has used some Global Reporting Initiative indicators in the report, it has also developed its own, such as statistics on fuel consumption per package delivered. A hard copy report will be printed every three to five years from now on, with yearly updates on the web.