No negative impact on the climate

Our approach

As a transportation company, we have long recognised our impact on the environment from our own operations. We started using on-shore power back in 1990, and we were the first shipping company to convert one of its vessels to methanol. In recent years, however, the urgency and scale of effort required to tackle climate change has come into focus. This, together with new corporate reporting legislation and stakeholder expectations, is leading us to intensify our work.

We want to understand our impact upstream and downstream from our own operations, so that we can address our full environmental impact, we want to become a leader by transparent reporting and driving down Scopes 1, 2, and 3 emissions. Our ambition is to operate with zero fossil emissions in the future, through the use of clean electricity and renewable fuels. We want to contribute to more sustainable transports by offering intermodal solutions.

Our target

30%

CO2 reduction by 2030 on 2019 baseline

Our actions

Scope 1

We are working to reduce emissions from our operations by making fleet and technical improvements to save energy. We are also adopting renewable methanol, HVO 100 and other biofuels and electrification among other solutions on our journey to net zero emissions.

Scope 2

To minimise our emissions from energy, we are installing solar panels in several of our sites to generate our own electricity. We have non fossil energy in all ports where it is possible.

Scope 3

We will perform a materiality analysis to prioritise our work on the emissions that we are indirectly responsible for, up and down the value chain. We are implementing new systems for collecting and reporting data so that we can establish relevant KPIs for reducing greenhouse gas emissions. We are also asking our main suppliers to provide their numbers for our system to make sure we have accurate data. By 2026, we will measure the full range of activities with our suppliers and customers.