DB Cargo CFO says the company is Germany’s largest renewables consumer.

In an interview with consulting firm McKinsey, Dr.Martina Niemann, CFO at transport company DB Cargo said that the 95% of the company’s transport is electrified and a significant portion of that supply comes from renewables. Niemann also added that DB Cargo is Germany’s biggest consumer of renewable energy and the company is aiming to become climate neutral by 2040. Yet, challenges remain. Niemann said, “the biggest issue now, to make the whole logistics industry carbon neutral, is either expanding the volumes transported by electrified railroad systems or implementing sustainable fuels. We still have to get rid of 20 million tons of CO2 emissions each year by 2040”.