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DX Group

Management Reports Mar 24, 2025

17754_rns_2025-03-24_8df0737b-8922-4bd4-92ca-36a012b6808e.html

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National Storage Mechanism | Additional information

RNS Number : 7188B

DX (Group)

24 March 2025

DX Group

("DX" or "the Group")

Group's Flagship Central Hub in Willenhall Switches Over to

Green HVO Fuel In Significant Net Zero Initiative

DX, a leading provider of delivery solutions, including parcel freight, secure courier, 2-person and logistics services, is pleased to announce that it has taken another significant step towards its "Net Zero" goal, by switching from fossil fuels to hydrotreated vegetable oil ("HVO") at its flagship Central Hub in Willenhall. The Willenhall hub supports DX's freight operations and is the Group's largest hub.

The Willenhall hub has historically used around three million litres of diesel per annum and the switch to HVO is expected to result in a 16% reduction in its fuel emissions (scope 1 & 3) in 2025 compared to 2024. HVO is made from 100% renewable feedstocks and certified waste and is 100% biodegradable. It is a cleaner alternative to traditional fossil fuel and decreases life-cycle greenhouse gas emissions by 90% compared to standard diesel.

DX has partnered with Certas Energy in this new initiative. Certas is the largest independent distributor of bulk fuels and lubricants in the UK and will supply DX with HVO.

DX has ambitious ESG targets and is committed to being "Net Zero" by 2050, with an interim target of 20% by 2035. As part of its efforts to reduce its carbon footprint, DX operates one of the youngest fleets in the industry, with an average age of three years, and is also investing in electric vehicle solutions, which further reduce diesel consumption. Delivery miles completed by zero/low carbon solutions is increasing monthly across both DX's fleet and its sub-contracted fleet and, in the last financial year, the Group eliminated approximately two million diesel miles.

Further information on DX's Net Zero goals can be found in the Group's ESG Report, which is available to download via the following link   https://www.dxdelivery.com/corporate-social-responsibility .

Paul Ibbetson, Chief Executive Officer of DX Group, commented:  

"Reducing our carbon footprint is high on our agenda at DX Group. We are therefore delighted to have switched to HVO from fossil fuel at our flagship Central Hub in Willenhall, the largest hub in the Group.

"We plan to roll out the switchover to HVO across as many of the hubs in our network as is feasible. With our commitment to being "Net Zero" by 2050, we are strongly focused on identifying the viable pathways and technologies that will help us to achieve this target."

Enquiries:

DX Group T: 020 3178 6378 (c/o KTZ Communications)
Paul Ibbetson, Chief Executive Officer
Will Wright, Chief Financial Officer
KTZ Communications T: 020 3178 6378
Katie Tzouliadis/Robert Morton

About DX Group:

DX is a well-established provider of a wide range of delivery services to both business and residential addresses across the UK and Ireland. First established in 1975 as a Document Exchange service to the legal sector, DX now provides one of the widest ranges of overnight delivery services in the market, as well as logistics services. Items that DX transports range from confidential documents and valuable packages to large, awkward-to-handle freight, unsuitable for automated conveyor.

The Group operates through two divisions, DX Freight and DX Express.

·      DX Freight comprises DX-1, DX-2 and Logistics, with the Division being only one of a small number of operators that provides an overnight delivery service for irregular dimension and weight freight ("IDW").

·    DX Express comprises DX Parcels and DX Exchange and Mail, with the Division specialising in the express delivery, including pre-9am, of parcels and documents.

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