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Overview

In 2021, we increased our investment in Sustainability, rolling out a number of new key initiatives under Industry, Innovation and Infrastructure SDG.
 

Capture Expenditure on Sustainability

Capital expenditure

Our sustainability ambitions require significant investment so that is why we plan to spend €100m on sustainability capital expenditure by 2025. Currently An Post’s ongoing capital requirements and expenditure runs from €25m to €40m per year and our strategic plan envisages a capital programme of up to €250m by 2030.
Our capital programmes include property, vehicles, IT and other assets. Since 2018, we have spent €24.15m on sustainability capital expenditure. This has included investment in electric vehicles to decarbonise our fleet, technology and a number of other sustainability initiatives within our property portfolio. These include installing solar panels and insulation

Innovations

Fuel innovation

Although we have been a pioneer in the roll out of electric vehicles in our light commercial fleet, we still produce over 10,000 tonnes of carbon through our Heavy Goods Vehicles(HGVs) and one of our biggest challenges within our decarbonisation strategy is to transform this fleet. As an interim solution, we carried out a successful trial in Galway using Hydro-treated Vegetable Oil (HVO) as a fuel for our HGVs. HVO is a renewable diesel fuel made from certified waste oils and fats and the trial showed excellent results with no performance difficulties. Since September 2021, our trucks have travelled over 119,000km on HVO fuel. This resulted in a 91.8% reduction in carbon emissions when compared to diesel fuel.
We were the first company to try this new HVO technology on a truck fleet in Ireland and are currently expanding this scheme to Waterford and Cork. As part of our commitment to circular economy principles, we retrofitted an existing 45,000 litre tank and diesel pump to be made suitable for use in the HVO trial.

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