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Rhenus has partnered with Smart Freight Centre's Clean Cargo, a leading buyer-supplier forum for sustainability in the cargo shipping industry, to collaborate and share its best practices with other industry leaders. The strategic partnership marks a milestone for Rhenus in its mission to create a more sustainable future in logistics where economic prosperity and environmental sustainability go hand in hand.

Since 2003, Clean Cargo's methods and reporting processes have facilitated the creation of emissions performance information, helping cargo carriers evaluate their emission footprint and benchmark their performance. Through the extensive resources and expertise of Clean Cargo, Rhenus can effectively track its carbon footprint and actively promote sustainable practices among others in the industry.

"As a Clean Cargo member, Rhenus is committed to driving sustainability through different approaches such as by innovative process optimisation, strategic carrier partnerships, or carbon offset programs. As we continuously seek out new and eco-friendly transport solutions, Rhenus has also aligned our carbon neutral initiative for full-container-load (FCL) shipments by 2045 and less-than-container-load (LCL) shipments by 2030. We believe in the power of action by actively doing our part in contributing to a greener supply chain," said Panjapat Lerdwisarnphop, Head of Sustainable Ocean Freight Development, Rhenus Air & Ocean.

Through this partnership, Rhenus will have the opportunity to showcase its sustainability initiatives and work together with other industry leaders to drive sustainable transformation in a community focused on creating positive environmental change. This collaboration with Clean Cargo is the latest initiative in Rhenus for its ongoing efforts to drive sustainability.

Rhenus earned a recognition in 2022 for its outstanding sustainability performance in environmental conservation, ethical labour, human rights practices, responsible governance, and sustainable procurement initiatives. Rhenus was awarded gold status by EcoVadis, the globally recognized provider of CSR ratings. In the overall assessment, the Rhenus Group is placed among the top one percent of the logistics service providers in the industry assessed by EcoVadis.

More details on sustainability efforts worldwide by Rhenus are available at https://www.rhenus.group/rhenus-group/sustainability

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The issuer is solely responsible for the content of this announcement.

About Rhenus

Rhenus Group is a leading global logistics service provider with an annual turnover of EUR 7.0 billion. With 37,500 professionals spread across 970 locations worldwide, the company offers comprehensive supply chain solutions that cover transportation, warehousing, customs clearance, and value-added services. As a family-owned business, Rhenus prioritizes the needs of its customers above all else and continuously strives for innovation. This commitment to excellence has solidified its reputation as a leader in the industry.

About Smart Freight Centre

Smart Freight Centre (SFC) is an international non-profit organization focused on reducing greenhouse gas emission from freight transportation. Our goal is to guide the global logistics industry to track and reduce its GHG emissions by 1 billion tonnes by 2030 and reach zero emissions by 2050 or earlier. We collaborate with our global partners to quantify impacts, identify solutions, and advocate logistics decarbonization strategies.

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