Damco Executive Summary

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6. Damco’s strategy

As per Hanne Sorensen, Global CEO, having sustainability as an integrated part of our business builds value for Damco, as well as for our customers, our employees and our communities (Damco, 2013). Damco believes that the ability to deliver operational excellence and effectively manage its own business as well as the logistics solutions agreed with its customers, requires that internal and external requirements and business rules are clearly documented and communicated, regularly monitored and audited, and continuously reviewed and improved.

The global leadership team wants to position Damco in a place where we can build partnerships with our customers – helping them to bring logistics onto their sustainability agendas. Therefore, the Damco management team has selected 4 sustainability priorities which include Sustainable Logistics. It involves enabling emissions transparency and working towards enabling customers to make greener choices. In order to address this, innovation is essential. Damco environmental strategy is to be committed to achieving eco-efficiency in the supply chain. For Damco, eco-efficiency is about constantly reducing our environmental impact while staying competitive. This strategy drove the innovation.
7. Innovation implementation
Innovation is more than idea
…show more content…
This has been achieved by reducing the total emissions produced, despite growing shipment volumes. This placed them in a strong position as continued pressure to reduce CO2 emissions will likely translate into: increased domestic and international regulations, higher transportation costs, additional focus on reducing energy use and improving efficiency and greater consumer awareness about impact of goods they purchase driving sustainability

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