Both customers and regulators have signaled a strong desire for logistics providers to reduce their emissions. The market for green logistics, while still nascent, could expand quickly. Based on the Scope 3 reduction targets and logistics needs of about 2,800 of the world’s largest companies across industries, we estimate the demand for green logistics in 2025 will be approximately $50 billion, comprising roughly 2 percent of overall logistics spend. We expect this demand to increase to roughly $350 billion in 2030, comprising about 15 percent of overall logistics spend.
Logistics companies are eager to meet customer demand, comply with regulatory targets, and capture this expected growth. But decarbonizing the sector—given its…