Blue Dart Express Limited
At a Glance
Industry
Transport and Warehousing
Project Types
Data Analysis, Goals/Targets, Supply Chain
Year
2024
Location
Mumbai, Maharashtra
Summary
Piyasi supported Blue Dart with ESG Baselining and Roadmap, Gap Analysis, and Materiality Assessment for FY 2023-24 with a focus on Environmental (E) Disclosures aligned with Environmental, Social, and Governance (ESG) criteria.
Goals
1. A robust ESG roadmap informed by comprehensive stakeholder engagement and peer benchmarking
2. Identification and implementation of best practices and innovative strategies for sustainability
3. Positioning Blue Dart as a leader in sustainable logistics through enhanced operational efficiency and reduced carbon footprint
4. Detailed reporting on key metrics of waste management and greenhouse gas emissions
Solutions
1. To achieve Zero Waste to Landfill (ZWL) certification by focusing on sustainable waste practices, Piyasi conducted a baseline analysis of the headquarters and created multiple scenarios for sensitivity analysis of the total plastic value chain (from procurement to waste generation/disposal), followed by calculating emissions from the waste. Key insights included the percentage of waste diverted from landfills, highlighting progress in waste sorting and recycling efforts.
2. Piyasi measured how much society would be willing to pay to eliminate the plastic waste they generate. This assessment, called "disamenity cost," helps quantify the broader societal impact of their waste.
3. Piyasi conducted a Materiality Assessment with a target audience from the core team to determine which environmental, social, and governance (ESG) topics are key to the business and its stakeholders. This process followed international frameworks such as the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI).
4. To support their long-term goal of reducing greenhouse gas (GHG) emissions by 2050, Piyasi developed a Marginal Abatement Cost Curve (MACC), which helps Blue Dart identify and invest in innovative projects that can lower emissions most cost-effectively.
Potential Impact
1. The findings and recommendations will support the Sustainability and Innovation teams at Blue Dart in - making strategic decisions covering SDG’s and ISO 14001.
2. The findings of the project will provide some inputs for the Sustainability Report, and frameworks such as BRSR, GRI, CDP, and Eco-Vadis.