Greening our existing fuels business plays an important part in our plan to both double our profits and halve our carbon between 2022 and 2030. We have market-leading fuels businesses in Britain, Ireland, Denmark, Austria and Sweden. These businesses provide an unparalleled opportunity to lead the decarbonisation of these markets.
Hydrotreated Vegetable Oil (‘HVO’) is a renewable drop-in replacement for diesel which lowers carbon emissions by up to 90 per cent. We made considerable progress in building our HVO business in Britain and Ireland during the year. In Britain, we acquired the trade and assets of Green BioFuels, a market leading HVO distributor. In Ireland, we have built our business into the leading distributor of HVO.
Our expertise in this area has allowed us to work closely with many commercial customers to reduce their carbon footprint. We have recently worked with customers like DHL, Sky, BBC, Aggreko, AWS and Dublin Port to convert their businesses to HVO.
We have also worked closely with supply partners such as Neste, Shell and BP to ensure that we are supplying high quality products to our customers.
DCC Energy has also converted a large portion of our own truck fleet to HVO, helping us reduce our Scope 1 and 2 carbon emissions by 15 per cent over the prior year and achieving a 40 per cent reduction since 2019.