Netherlands-based terminal operator, APM Terminals, has decided to bring forward its net-zero greenhouse gas emission target to 2040, a decade ahead of its initial 2050 ambition.
A 70 per cent reduction in total emissions has been set as an interim milestone for the period 2020-2030. This is said to be the most ambitious target set by any terminal operator to date.
The commitment builds upon the company’s existing strategic approach to decarbonisation and recent investment in a full suite of solutions to reduce its carbon footprint.
It will also contribute to a broader target set earlier this week by parent company A.P. Moller–Maersk to achieve net-zero GHG emissions in 2040 across all business entities.
The net zero criteria use the Science Based Targets initiative pathway to limit global warming to 1.5°C. They include a societal commitment to act now and drive material impact in this decade, and a commitment to deliver net-zero supply chains to customers by 2040.
Read Also: Hadiza Bala Usman Debunks Allegation of Non Remittance Of N40bn, $921.61m, E298.931
“We have detailed plans to achieve this absolute reduction, supported by our dedicated Head of Decarbonisation for APM Terminals, Sahar Rashidbeigi appointed in November last year,” APM Terminals’ Chief Operating Officer, Keith Svendsen, said.
As recommended by SBTi, over the decade APM Terminals and the Maersk Group will go above and beyond the 1.5°C aligned targets and invest in building a portfolio of natural climate solutions that will result in around five million tons of CO2 savings per year by 2030.
“Looking at our carbon footprint, we want to address both fuel-based emissions, as well as those from the generation of purchased electricity, and we will also work with customers, suppliers and partners to involve them in this, because we believe this issue needs to be tackled holistically,” Svendsen explained.
Kindly like us on Facebook
Discussion about this post