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Read the sustainability report

We adhere to recognised frameworks and governance structures

In response to the increasing expectations from our stakeholders, DSV has become even more transparent in our Environment, Social and Governance (ESG) performance towards investors and customers.

As a global leader in the transport and logistics industry, we need to ensure a high level of transparency and accuracy with our reporting of ESG data. To achieve this,  we adhere fully or partially to a number of internationally recognised reporting guidelines, frameworks and indexes. This enables us to monitor and report on our progress towards our sustainability goals.
 

Task Force on Climate-related Financial Disclosures (TCFD)
By working with TCFD, we provide the reliable information needed by investors and other stakeholders to understand climate-related risks and opportunities faced by our business.

Global Reporting Initiative (GRI)
DSV’s reporting uses the framework outlined by the Global Reporting Initiative (GRI) as guidance for some of our ESG data.

Sustainability Accounting Standards Board (SASB)
We have conducted a cross-referencing exercise to identify where our current reporting aligns with topics and metrics from the SASB ‘Air Freight & Logistics’ Standard relevant for DSV.

Read more about the frameworks and processes used in our Sustainability Report

Please see Sustainability Report 2022 Content Index for mapping towards used frameworks

Recognition for our work with sustainability 

DSV has strong sustainability ambitions, and we consistently work towards developing the standards of our ESG efforts to support our business. In doing so, we have been assessed by the leading international ESG rating agencies, such as MSCI, Sustainalytics, EcoVadis, the Carbon Disclosure Project (CDP), S&P Global, ISS ESG, FTSE Russel and Moody’s ESG Solutions.

Over the years, we have been recognised internationally for our commitment and impact on the sustainability agenda. In 2022, we cemented our position as an ESG leader in the logistics industry even further, raising our score on several ESG ratings. As such, MSCI ESG Research upgraded our ESG rating from A to AA, Morningstar Sustainalytics upgraded our ESG Risk Rating from 16.7 to 14.1, and we achieved another milestone elevating our CDP (Carbon Disclosure Project) Climate Change score from C to B.

Nasdaq also acknowledged our engagement in market transparency and raising environmental standards, and DSV has been certified as a ‘2021 Nasdaq ESG Transparency Partner’. We are also proud to have been recognised with an A rating for our 2021 Sustainability Report in the ESG100. The ESG100 is an annual review of ESG reporting rates for the 100 largest listed companies in Denmark, Norway and Sweden, compiled by Position Green.

Rating agency
Scoring scale
Performance
2022
Performance
2021
 
EcoVadis
0-100
▲ 74/100
     (Gold)
72/100
(Gold)
S&P Global
0-100
▲  53/100 46/100 
CDP - Climate Change
F-A (A is the highest score)
▲  B
MSCI
CCC-AAA (AAA is the highest score)
▲  AA A
Morningstar Sustainalytics
50-0 (the lower the better)
▲  14.1
      (low risk)
 16.7
(low risk)
ISS
10-1 (the lower the better)
Scoring updated on monthly basis
▲  Environment - 2
      Social - 2
      Governance - 1
Environment - 3
Social - 2
Governance - 1
Moody's ESG solutions
0-100

 * 45/100
FTSE Russell
0-5
▲  3.3/5 3.0/5
ESG 100 - Position Green
F-A (A is the highest score)
A  

*Next scoring update expected in 2023

We are assessed by some of the leading
ESG rating agencies

Disclaimer: The use by DSV of any MSCI ESG research LLC or its affiliates ("MSCI") data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of DSV by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided 'as-is' and without warrenty. MSCI names and logos are trademarks or service marks of MSCI.

Disclaimer: Copyright ©2022 Sustainalytics. All rights reserved.
This section contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.

Reports

  • Sustainability report

    Each year we release a report on our progress towards our ESG targets and overall sustainability goals.
  • Governance report

    These reports include a description of DSV’s management structure, the Group’s internal control and risk management systems in relation to the financial reporting process.
  • Remuneration report

    Our Remuneration Policy is designed to reflect the goal of being able to attract and retain competent management in order to continuously create long-term value for DSV shareholders.
  • Data ethics report

    In DSV we collect, generate, and apply a multitude of data in running our business and in delivering our logistics services to our customers.
  • ESG data

    Our environmental, social and governance (ESG) data show the ethical impact and sustainability of our company. We continuously seek to develop our ESG data set to support our business and provide our stakeholders with relevant and transparent reporting of our ESG performance.

Any questions?

Contact Martin Andreasen, Executive Vice President, Group Compliance

Martin Andreasen, Executive Vice President, Group Compliance