Nov. 7, 2023 (Houston) Relogistics is proud to announce that, as an affiliate of 48forty Solutions, it has been awarded the Silver Medal by Greenly, a recognized leader in digital carbon footprints and expert in assessing corporate climate performance. The Silver Medal is a testament to 48forty’s commitment to environmental sustainability and their dedication to mitigating climate impact (and to Relogistics as a brand of 48forty).
Greenly's rigorous evaluation process recognized 48forty exceptional efforts in setting a decarbonization trajectory, defining action plans, and encouraging its suppliers to follow it. The Silver Medal is a clear indication of 48forty’s position among the top 10% of evaluated companies, signifying its proactive approach towards climate action and environmental responsibility.
To obtain this Medal, 48forty implemented a comprehensive multi-year reduction trajectory with clear action plans and objectives set. It also engaged its suppliers in a sustainable procurement policy.
"We are honored to receive the Silver Medal from Greenly and proud to lead our industry in responsible business practices," said Mike Hachtman, CEO of 48forty. "This achievement, the first of its kind in our industry, underscores our ongoing commitment to sustainable practices and our dedication to creating a positive impact on the environment. We believe that every step towards reducing our carbon emissions contributes to a more sustainable future."
Greenly's Medal process involves a comprehensive assessment of a company's greenhouse gas emissions, climate strategy, and environmental initiatives. The Silver Medal is a result of 48forty’s exceptional performance in these areas, demonstrating its alignment with international climate goals and the Paris Agreement's targets.
As part of 48forty’s sustainability journey, the Silver Medal represents a significant milestone in the company's ongoing efforts to integrate environmental considerations into its core business strategies. The recognition reinforces 48forty’s commitment to transparency and accountability while inspiring other organizations to take proactive steps towards sustainability.
By achieving the Silver Medal, 48forty joins a select group of companies that are making meaningful contributions to global sustainability goals. This recognition further motivates 48forty to continue innovating and driving positive change in its industry and beyond.
About 48forty Solutions
48forty Solutions is one of the largest pallet management services companies in North America, with a national network of 277 company-owned facilities, including 73 company-owned and operated pallet recycling plants, 186 onsite locations, 14 reusable asset depots, 4 sorting centers, and more than 850 service providers. 48forty provides end-to-end pallet solutions from supply to retrieval, recycled, new, and custom pallets, and reverse logistics services. For more information, visit 48forty.com or follow us on LinkedIn.
About Greenly
Founded in October 2019 by Alexis Normand, Matthieu Vegreville and Arnaud Delubac, Offspend SAS launched Greenly in January 2020, the world's first carbon accounting platform with more than 1,500 corporate clients in France, the UK and the USA. Greenly's climate tech now enables all companies, regardless of their size or sector, to contribute to the fight against global warming, starting with a simple measurement of their CO2 emissions. Once the assessment has been carried out, Greenly helps them define a roadmap to align themselves with a Net Zero Contributor trajectory. Greenly obtained the B-Corp label in September 2022 and intends to make its expertise available to the community. For more information please visit https://www.greenly.earth/.