SAF is a key focus area in the scope of this partnership. Both companies recognize SAF as a critical component in reducing carbon emissions in air transportation and advancing the decarbonization of the aviation industry, with DHL aiming to increase the SAF mix to 30% by 2030. In this strategic collaboration, Envision will provide SAF for DHL, supporting the logistics company's goals of reducing carbon emissions while securing global supply. Envision will also explore renewable feedstock sources and technology routes to continuously advance decarbonization in the air transportation sector.

Lei Zhang, Chairman of Envision Group, said, "The aviation sector is currently trailing targets largely due to high costs associated with green hydrocarbons and their derivatives. Envision, through systematic innovation, can reduce cost and revolutionize the production of SAF at scale. The development of this "new oil" will support global efforts towards carbon neutrality."
Additionally, Envision will provide comprehensive green energy transition solutions, including electricity, to support DHL's renewable energy goals through focused green power procurements.

The agreement establishes DHL as a key strategic partner for Envision's development plans, leveraging DHL's extensive network across over 220 countries and territories to support Envision's goals in entering new markets for renewable energy. As Envision's preferred logistics partner, DHL will deploy fully integrated logistics solutions to improve efficiency and quality, ensuring seamless global supply chain management, and comprehensive support in navigating regulatory requirements and operational challenges.

"The partnership framework with Envision represents a further step towards global sustainability leadership for DHL Group. By leveraging our unparalleled logistics expertise and unique global network, we are committed to supporting Envision in their international expansion and logistical challenges." said Tobias Meyer, Chief Executive Officer at DHL Group. "Together, we will lead the change in integrating green technologies and optimizing supply chains, setting new benchmarks for sustainable innovation and global environmental impact through the energy transition."

Envision and DHL will also explore opportunities for the joint development and construction of a "Net Zero Industrial & Logistic Park" across various industry sectors. The "Net Zero Industrial Park" is a new class of industrial parks that are fully powered by a comprehensive clean energy solution and integrates the supply chains of several industries, such as electric vehicle and battery manufacturing. The Park aims to advance new electric power systems models and foster green industrial ecosystems, while ultimately expediting the global green transition for customers. The Park already launched in Asia and parts of Europe and the Middle East by Envision will expand its global footprint, with the support of DHL, providing innovative solutions for zero-carbon transformation.