An extraordinary year lies behind us in 2020. The coronavirus pandemic presented us as a company with unexpected challenges. At the same time, it meant that in the reporting year each and every one of us at BLG LOGISTICS went above and beyond. For this reason, I expressly wish to extend my thanks to all of our employees at the beginning rather than at the end of my remarks.
Despite great flexibility and an enormous amount of effort, the lockdown in the spring led to a significant drop in revenue accompanied by operating losses. The fact that we continued to implement our sustainability agenda under these circumstances shows how deeply sustainable action is now ingrained in our mindset and our processes. Although we had to postpone individual projects due to the pandemic-related restrictions, overall we are clearly on course. This also applies to our “Mission Climate”, our path to net zero emissions. The absolute emission reduction targets that we have set ourselves in this context were validated in November by the independent Science Based Targets initiative (SBTi). This makes us the first German logistics provider with scientifically recognized climate protection targets.
We assume a particular responsibility toward our employees. Our top priority was therefore to enable them to work safely even under coronavirus conditions and to protect them as best we could. Thanks to the implementation of prompt and targeted hygiene concepts, we were successful in this. Meetings and training courses were quickly switched to digital formats. Because despite the distance we are currently required to keep, we want to live our corporate values together on a daily basis, develop our employees, bring new people on board and thus strengthen ourselves as an organization.
Last year once again underscored what we already know – it is crucial that we position ourselves on a stable and sustainable path to the future. Not only do we move our customers’ goods and business forward, we also apply the same principle to ourselves: Never stand still. That’s why we continued to work on new product solutions in 2020 and are increasingly drawing on new technologies such as artificial intelligence to actively shape the sustainable logistics of tomorrow. Another future-oriented project is our new logistic center C3 – for customers, climate and comfort – that will optimally combine various aspects of sustainability at our Bremen location and thus reflects the very essence of our understanding of doing business in an economically, environmentally and socially responsible manner.
Yours, Frank Dreeke
Chairman of the Board of Management