Case Study

Making Logistics more Sustainable

Geek+ is a global technology company at the forefront of the intelligent logistics revolution, developing Autonomous Mobile-Robots (AMR) to provide solutions for warehouses, factories, and supply chain management.

Geek+ products can facilitate positive action for retailers and logistics providers towards their sustainability goals.1 Geek+ robots are an alternative to high energy consuming logistics equipment, and their use can reduce the use of electricity, lighting, and air conditioning in warehouses by operating in spaces without light. In addition, Geek+ robots have lower power consumption and their battery life expectancy is 60% higher than the industry average.

According to internal tracking data from Geek+, the company’s fleet of 30,000 robots worldwide saved 140,000 tons of carbon emissions and 16 million kWh in energy in 2022.

Geek+ sustainability efforts focus on two main areas:

  • Helping customers meet their sustainability goals: On average, a smart warehouse using AMR solutions uses 75% less power compared to a manually operated warehouse. Contributing factors include lower waste through low error rates; reduced packaging volume; paperless warehouses; space-saving and storage areas without light, heating, or air-conditioning.
  • Adhering to sustainable principles in Geek+’s owns production line: Geek+ robot parts are 80% reusable and their robots run on batteries with long battery life cycles. The company seeks to employ smart logistics planning and recycling where feasible throughout the manufacturing process.

We are proud to see the positive impact our robotic solutions are having on sustainable logistics, a major objective for our industry. From our own production and solution deployment, to enabling retailers and logistics providers meet their goals, logistics robots play a major role in making logistics more sustainable.”2

Yong Zheng,
Founder & CEO, Geek+

GEEK+ Product Impact:

60%

Battery life expectancy compared to industry average

1 Where a portfolio company or its activities are described as “sustainable”, that is not intended to imply that the portfolio company is a “sustainable investment” within the meaning of SFDR.
2 See Endnote H on Page 55 for important disclosures regarding endorsements.

* as of Q3 2023

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