Controls designed to promote traceability can drive up processing time and cost.
Blockchain technology can address these twin challenges.
A blockchain is a secure, distributed digital ledger with records that resist duplication and forgery. It can be used to keep track of any information or assets, from transportation containers to digital currencies.
The ways UPS is Collaborating with Suppliers Extends Reach Sustainably
As our business grows, we are entering into more contractual relationships with third parties, such as outside service providers (OSPs). OSPs are an important part of our delivery fleet in Western Europe, four times larger than our owned fleet in the region. Every day, OSPs in this region:
UPS and The UPS Foundation continue support of local community
ATLANTA, August 3, 2018 /3BL Media/ - Next week students enrolled in Fulton County Schools (FCS) will begin the new school year. Unfortunately for homeless Atlanta teens trying to head back to school, purchasing even the most basic items can pose a challenge. Today, to help with this need, Kevin Warren, UPS’s new chief marketing officer and members of UPS’s African American Business Resource Group (AABRG), in partnership with the Ed Isakson YMCA, led an effort to create 500 hygiene kits packed with bars of soap, toothpaste, toothbrushes, deodorant, shampoo, lotions and combs.
UPS, the global multinational package delivery company, has been producing a sustainability report since 2003, and was the first in their industry to issue a report with environmental, social and governance (ESG) information. For the company, sustainability reporting is a means to create more positive impacts in the industry, for its stakeholders and on the world.
Initiative supports continued strategic electrification of UPS global fleet
ATLANTA, July 31, 2018/3BL Media/ –UPS (NYSE:UPS) today announced a collaboration with Thor Trucks, Inc. to develop and test a fully-electric class 6 delivery truck in Los Angeles, Calif. The truck is expected to be ready for deployment later this year.
Creates network of partners to launch the UPS Women Exporter Program which will provide capacity, expertise and funding to women entrepreneurs
ATLANTA, July 12, 2018 /3BL Media/ - The UPS Foundation, which leads the global citizenship programs for UPS (NYSE:UPS), announced it will award over $10 million in grants to advance diversity and inclusion programs this year. The grants will be awarded to 44 different organizations. They will help support programs focused on economic empowerment, education/scholarships, work training, and social and gender equality.
As the world grows more connected, UPS is helping it grow connected sustainably
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Today, an entrepreneur in India can create an online storefront and sell her products to customers in Brazil. A manufacturer in China can ship goods to Europe by rail, more quickly and with lower emissions than by ocean transport. A business can purchase carbon credits to offset the environmental impact of its shipping activities. And an electrically-powered bike can navigate city streets to deliver a package the last mile to its destination, quietly and with zero tailpipe emissions.
Sustainability Trends and Materiality Assessments Are Considered to Shape Sustainability at UPS
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UPS is a global company with more than 454,000 employees, serving 10.5 million customers in more than 220 countries and territories. As we continue to refine our sustainability strategy, we consider macro trends, global frameworks such as the U.N. Sustainable Development Goals, and stakeholder feedback, which serve as inputs to identify issues that are material to our business. The topics below have emerged as priorities for our stakeholders and our long-term business success, and shape our global sustainability strategy, commitments, and initiatives.
The investments UPS has made in 2017 are leading to a major transformation
David Abney | UPS Chairman and Chief Executive Officer
In 2017, UPS embarked on a major transformation that will result in the most significant upgrade of our operations in decades. We are exploring real-time data, mobile connectivity, robotics, blockchain, and other cutting-edge technologies to seamlessly integrate our digital and physical networks, modernize our facilities and fleet, and better manage our operations.