Supporting certified climate protection projects

In which countries does GLS support climate protection projects?

Since 1 April 2026, companies operating under the GLS trademark in the following countries have in place initiatives finance climate protection projects, through the acquisition of 'carbon credits'.*

  • Belgium (only parcel, freight shipments not included)

Further, since 1 April 2026, the companies in the following countries operating under the GLS trademark, offer to clients a contribution service**:

  • Austria
  • Germany
  • Netherlands
  • Portugal
  • Spain

*The volume of purchased carbon credits is calulated with reference to the respective company's Scope 1, 2 and 3 emissions, determined according to the GHG Protocol,The Basis of Reporting provides further details on GLS‘ assessment of the GHG calculation.

**This service is available upon customer’s individual request and finances climate protection projects in a volume calculated on the basis of the number of the customer’s parcel and freight deliveries multiplied by the value corresponding to the average CO2/parcel for the relevant country.

How does GLS countries finance these projects?

We cooperate with ClimatePartner GmbH, Munich (“ ClimatePartner ”) to channel investments in climate protection projects. See below: “ In which climate protection projects does GLS invest during 1 April 2026 and 31 March 2027?”

How does the program actually work?

Climate protection projects aim to reduce or avoid greenhouse gas emissions, for example by financing renewable energy projects of third-party communities and protecting rainforests from deforestation. The climate protection projects listed here are certified according to international standards, such as Verified Carbon Standard (VCS) or Gold Standard (GS) and are regularly verified by independent third parties. See below: " What does the certification standard of the climate protection projects mean? "

ClimatePartner purchases the Verified Emission Reductions (VERs) generated by climate protection projects in the amount calculated annually with reference to the relevant GLS emissions.

Based on these VERs, ClimatePartner in turn issues, for the above-mentioned GLS countries and GLS customers that request the contribution service, its own certificates which certify the amount of emissions indicated in the certificate have been retired on their behalf.

The following timeline provides a detailed overview of the GLS process from the purchase of carbon credits with Climate Partner to the issuance of offset certificates:

From purchasing carbon credits to issuing certificates - Exemplary process for 1 April, 2026 until 31 March, 2027

The exact times may vary slightly.

Purchase of carbon credit volume for financial year 2026/27

  • GLS B.V. closes contract with Climate Partner to purchase carbon credits for the respective GLS companies (see above).
  • The purchased amount is based on forecasts using past years‘ data.
  • Climate Partner provides access to the retirement certificates to GLS B.V.

Calculation of GLS Carbon Footprint calendar year 2026

  • The GLS Corporate Carbon Footprint refers to the total amount of greenhouse gases (GHG) that were emitted by the GLS Group worldwide as a result of its operations over the course of a calendar year.
  • The Corporate Carbon footprint calculation is split into two calculations, the calculation of the transport emissions and the calculation of the emissions from buildings and business travel.

Assurance

  • The GLS Corporate Carbon Footprint is created according to the Green House Gas Protocol. All scope 1, 2 and 3 emissions are externally assured via a limited assurance report from an external auditor.

Determining the volume to be financed for within calendar year 2026

  • On the basis of the GLS Corporate Carbon Footprint, the carbon credit volume for countries or customers* are calculated for the calendar year 2026**.

*For customers that request the contribution service, emissions are calculated on the basis of the number of the customer’s parcel and freight deliveries multiplied by the value corresponding to the average CO2 per parcel for the relevant country. Therefore, the resulting figure for the customer and the certificated issued to the customer by Climate Partner do not correspond to emissions attributable to individual customer shipments.

**The carbon credit volume for the period from 1 January to 31 March 2027 will be calculated in 2028, based on the GLS Carbon Footprint calculations for 2027.

Settlement of calendar year 2026 emissions

  • After the carbon credit volume is calculated, we compare the determined volume with the purchased amount beginning of 2026.
  • In case of missing volumes, GLS B.V. purchases further carbon credits from Climate Partner to settle the correct amount of emissions.

Provision of certificates

  • GLS B.V. provides Climate Partner with CO2 emissions associated to customers* or countries.
  • Climate Partner issues the certificates for customers* or GLS countries which certify that the amount of carbon credits indicated in the certificate have been retired.

*For customers that request the contribution service, the volume is calculated on the basis of the number of the customer’s parcel and freight deliveries multiplied by the value corresponding to the average CO2 per parcel for the relevant country. Therefore, carbon credits retired for the customer and the certificate issued to the customer by Climate Partner do not correspond to emissions attributable to individual customer shipments.

Purchase of carbon credit volume for financial year 2026/27

  • GLS B.V. closes contract with Climate Partner to purchase carbon credits for the respective GLS companies (see above).
  • The purchased amount is based on forecasts using past years‘ data.
  • Climate Partner provides access to the retirement certificates to GLS B.V.

Calculation of GLS Carbon Footprint calendar year 2026

  • The GLS Corporate Carbon Footprint refers to the total amount of greenhouse gases (GHG) that were emitted by the GLS Group worldwide as a result of its operations over the course of a calendar year.
  • The Corporate Carbon footprint calculation is split into two calculations, the calculation of the transport emissions and the calculation of the emissions from buildings and business travel.

Assurance

  • The GLS Corporate Carbon Footprint is created according to the Green House Gas Protocol. All scope 1, 2 and 3 emissions are externally assured via a limited assurance report from an external auditor.

Determining the volume to be financed for within calendar year 2026

  • On the basis of the GLS Corporate Carbon Footprint, the carbon credit volume for countries or customers* are calculated for the calendar year 2026**.

*For customers that request the contribution service, emissions are calculated on the basis of the number of the customer’s parcel and freight deliveries multiplied by the value corresponding to the average CO2 per parcel for the relevant country. Therefore, the resulting figure for the customer and the certificated issued to the customer by Climate Partner do not correspond to emissions attributable to individual customer shipments.

**The carbon credit volume for the period from 1 January to 31 March 2027 will be calculated in 2028, based on the GLS Carbon Footprint calculations for 2027.

Settlement of calendar year 2026 emissions

  • After the carbon credit volume is calculated, we compare the determined volume with the purchased amount beginning of 2026.
  • In case of missing volumes, GLS B.V. purchases further carbon credits from Climate Partner to settle the correct amount of emissions.

Provision of certificates

  • GLS B.V. provides Climate Partner with CO2 emissions associated to customers* or countries.
  • Climate Partner issues the certificates for customers* or GLS countries which certify that the amount of carbon credits indicated in the certificate have been retired.

*For customers that request the contribution service, the volume is calculated on the basis of the number of the customer’s parcel and freight deliveries multiplied by the value corresponding to the average CO2 per parcel for the relevant country. Therefore, carbon credits retired for the customer and the certificate issued to the customer by Climate Partner do not correspond to emissions attributable to individual customer shipments.

In which climate protection projects does GLS invest during 1 April, 2026 and 31 March, 2027?

We are investing in third-party projects outside our value chain. See below: " What is the difference between avoidance and removal carbon credits?"

Project Region and CountryProject typeCertification Standard

Supported climate protection projects that avoid emissions from being emitted into the atmosphere:
Guttigoli, India Solar energyGold Standard VER (GS VER)
Gadhsisa, India Wind energyGold Standard VER (GS VER)
Gia Lai, Vietnam Wind energyGold Standard VER (GS VER)
Gyapa, Ghana Cook stoveGold Standard VER (GS VER)
Supported climate protection projects that enhance the removal of emissions
from the atmosphere:

Volume exclusively used by GLS Germany.
Vichada, Colombia AfforestationGold Standard VER (GS VER)

What does the certification standard of the projects mean?

The supported projects meet the Gold Standard (GS) or Verified Carbon Standard (VCS) in conjunction with the Climate, Community and Biodiversity Standard (CCBS). See table from previous sections.

The GS (developed by WWF and other environmental organizations) and VCS (developed by the non-governmental organization VERRA) are standards for voluntary emissions trading. Climate protection projects can be verified and certified by the VCS and GS based on their respective criteria and requirements (e.g. the criterion of additionality).

The Verified Carbon Standard (VCS) is a widely recognized global standard for certifying greenhouse gas emissions reduction and removal projects. It provides a framework to ensure the accuracy, transparency and credibility of climate protection projects, which generate carbon credits or carbon reductions (VERs) that can be traded in carbon markets. The VCS can be combined with the Climate, Community and Biodiversity Standard (CCBS), which is an additional standard and focuses on social and further environmental aspects.

The Gold Standard (GS) is another internationally recognized standard for certifying climate protection projects. What sets it apart is its strong focus on co-benefits, such as social and environmental impacts in addition to emissions reductions. Projects certified under the Gold Standard adhere to rigorous criteria covering, among others, additionality and independent verification.

What is the difference between avoidance and removal carbon credits?

Avoidance carbon credits are derived from climate protection projects that prevent potential carbon emissions from being released into the atmosphere. For example, renewable energy projects that replace fossil fuel-based electricity sources help avoid future emissions.

Removal carbon credits are generated by climate protection projects that remove already emitted carbon emissions from the atmosphere and store them for an extended period of time. An example of such a project is reforestation, which reduces carbon by absorbing CO₂ through photosynthesis and storing it in trees.