This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Etsy takes aim at shipping and packaging in setting 2030 net-zero goal. The ambition is part of the company's net-zero carbon emissions by 2030 goal, which it set in February. . “I percent absolute reduction in Scope 3 greenhouse gas emissions by 2030, including seller shipping and fulfillment. Deonna Anderson.
Green groups urge UN to raise climate ambition on global shipping. The global shipping industry's decarbonization efforts once again face stormy seas. Faïg Abbasov, head of shipping at campaign group Transport & Environment, told BusinessGreen the proposal was "essentially an empty shell." "To Cecilia Keating. To achieve 1.5
BP, Shell, oil giants fund research into mobile carbon capture from ships at sea. Expanding carbon capture to long-distance marine shipping could help accelerate its use, while addressing a difficult to abate sector of the transport industry.". Expanding carbon capture to long-distance marine shipping could help accelerate its use.
Amazon's plans to decarbonize its shipping supply chain isn't just focused on electrifying its delivery vans. Amazon has pledged to reach net-zero carbon emissions by 2040, and says it will make sure half of Amazon shipments are net-zero by 2030. Amazon to buy bio jet fuel to lower air cargo emissions. Katie Fehrenbacher. Pull Quote.
The idea of green shipping corridors – referring to specific trade routes where the feasibility of zero-emission shipping is catalysed by public and private action – has gained currency in recent years, but progress could stall without urgent action from governments to overcome a “feasibility wall.”
In the race to drastically cut emissions in shipping, one of the industry's biggest names, Samsung Heavy Industries, is teaming with fuel cell company Bloom Energy to develop a more sustainable fuel designed to meet steep international targets. Both companies have a shared vision of powering ships with fuel cells.
Through the “ Our World, Our Future ,” sustainability strategy, we are committed to decarbonizing our port terminals, logistics, and marine services by 2030. There, container ships can shut down their auxiliary diesel engines and plug into the local electrical grid while berthed – cutting emissions by up to 80%.
Petrochemical-generated synthetic fibers such as polyester, nylon and acrylic are expected to make up for 73% of global apparel production by 2030, according to a report by the Changing Markets Foundation ,despite these fibers having links to exacerbated climate change, health risks and increased waste.
Mercedes-Benz, a subsidiary of Daimler, has been a longtime partner of Amazon, as well as global shipping companies. Two years ago, Amazon bought 20,000 Mercedes-Benz Sprinter vans to launch its local franchised shipping program in the United States. However, those were internal combustion vehicles.
MIAMI, May 23, 2024 /3BL/ - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company and its AIDA Cruises line were honored with three ESG Shipping Awards for environmental excellence at an international ceremony in Athens, Greece this week.
Data from financial institutions appear to show that the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonisation trajectories set by the International Maritime Organization (IMO), which aim to remove emissions from international shipping by 2050.
World’s largest cruise company is first in cruise sector to join research and development center committed to facilitating and accelerating decarbonization of the global shipping industry. DESCRIPTION: Carnival Corporation Joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. SOURCE: Carnival Corporation & plc.
The agreement will ensure a level playing field and make sure that fuel suppliers, ships and maritime operators will have sufficient time to adapt for the new conditions so the maritime sector will deliver on the climate targets.” The post EU Lawmakers Announce Deal to Decarbonize Maritime Shipping appeared first on ESG Today.
World’s largest cruise company has delivered 38% reduction in food waste per person, nearing ambitious milestone of 40% reduction by 2025 ahead of 2030 goal Company remains committed to its long-term sustainability roadmap and to reducing its environmental and greenhouse gas footprint MIAMI, Fla.,
Moller – Maersk and Amazon announced today an agreement for ocean shipping utilizing low to very low GHG emissions biofuels in place of fossil fuels. Moller – Maersk, said: “Amazon’s record of securing sustainable shipping over the years, no matter the business climate, is testament to its contributions to building a better future.
The new dual-fuel ships, to be built by Yangzijiang Shipbuilding Group, will have capacity of 9,000 containers, and are expected to be delivered in 2026 and 2027. As with all our other vessel orders for the last two years, these ships will be able to run on green methanol.”
3 Pressures on the ocean, including plastic waste, acidification, tourism, pollution from shipping, and overfishing are all increasing. Recent research shows that the investment benefits of ocean protection schemes, more sustainable shipping and other ocean dependent industries can be five times higher than the costs involved.
The Transform to Net Zero initiative launched Tuesday will see members of the coalition — which also include Danish shipping giant Maersk, Indian information technology company Wipro and Brazilian beauty company Natura & Co — collaborate on research, guidance and roadmaps to help businesses slash their carbon emissions in line with a 1.5
DHL’s GoGreen service provides shippers with the option of climate-neutral shipping through investments in internationally recognized climate protection projects to offset emissions generated during transport. DHL’s targets include using at least 30% of SAF blending for all air transport by 2030.
With 2022 established as our base year for tracking emissions, we set a 2030 target to reduce Scope 1 and 2 emissions by 42% and Scope 3 emissions by 28%. By 2050, the goal is net-zero emissions across the full lifecycle of our end-to-end shipping and logistics services.
Maritime shipping accounts for around 3% of global greenhouse gas emissions, and are on track to roughly double by 2050 under most economic scenarios. Maritime shipping accounts for around 3% of global greenhouse gas emissions, and are on track to roughly double by 2050 under most economic scenarios.
Global food and beverage company Nestlé announced today a series of agreements enabling the company to shift the equivalent of half of its global shipping needs to alternative, lower-emission fuels, effective immediately. Under the deal signed with Maersk, Nestlé will use Maersk’s ECO Delivery solution for 100% of ocean containers shipped.
By 2030, 100 percent of those new purchases will be ZEVs. . The company has a goal to move its 700-plane airline fleet to 30 percent sustainable aviation fuel — made from bio sources instead of fossil fuels — by 2030. But FedEx has a goal to move its entire package pickup and delivery fleet to zero emission by 2040. Supply Chain.
Dry bulk ship owner Berge Bulk announced the launch of its 210,000 Metric Tons Deadweight vessel, Berge Olympus, retrofitted with four BARTech WindWings by Yara Marine Technologies, that use wind power to reduce fuel consumption and CO2 emissions. Yara’s WindWings, each possessing an aerodynamic span of 37.5 tonnes per day.
As part of its NZBA commitments, the bank has set 2030 net zero alignment targets on ten emissions-intensive sectors to date, including Oil & Gas, Thermal Coal, Power, Commercial Real Estate, Cement, Steel, Aluminium, Automotive, Shipping, and Aviation, and completed work on the Agriculture and Residential Real Estate sectors.
The ships, each with a nominal capacity of approximately 17,000 containers, are to be delivered in 2025. Running on green methanol, the ships are expected to save about 800,000 tonnes of CO2 emissions annually. The post Maersk Orders Six Green Fuel-Powered Large Ships appeared first on ESG Today.
Moller – Maersk aimed at reducing to reduce Inditex’s global greenhouse gas (GHG) footprint from ocean shipping through the use of low carbon fuels. In 2021, the company pledged to transition its ocean freight to zero-carbon shipping by 2040.
Our Less Left Over strategy is powered by dozens of large and small programs and technologies across our cruise lines to cut food waste by 50% by 2030,” said Josh Weinstein, CEO of Carnival Corporation. million annual guests and to reduce the amount of uneaten food globally in its operations.
Energy provider Ørsted announced today its first-ever blue bonds offering, raising €100 million with proceeds aimed at financing the company’s ocean biodiversity and sustainable shipping initiatives. The post Ørsted Issues Inaugural €100 Million Blue Bonds to Finance Biodiversity, Sustainable Shipping Projects first appeared on ESG Today.
But in early 2019, Amazon announced an industry-first for a delivery company: It pledged that half of all of its shipments would be net-zero carbon by 2030. In addition to its electric commuter buses, Genentech has committed to converting its entire light-duty sales fleet of 1,200 cars to electric or plug-in hybrid by 2030.
The shipping industry accounts for approximately 3% of global greenhouse gas emissions, and is facing increasing pressure to address its climate footprint, as companies look to decarbonize their supply chains, and regulators and governments introduce rules to reduce the sector’s emissions.
The shipping sectors first binding emissions targets were agreed on Friday 11 April, making it the first industry with internationally mandated targets of this kind. From 2027, ships exceeding certain emission thresholds will incur penalties, including a $100 fee per ton of emissions above certain limits.
Computer-generated image of a ship retro-fitted with sails (image credit: Smart Green Shipping). Air pollution from shipping has increased rapidly over the last decade driven by growth in world trade, and as most emissions are from international shipping, they are not included in individual countries’ reduction targets.
The United Nations organization responsible for international marine shipping today approved new emission reduction policies. A new paper highlights the need.
Logistics giant Deutsche Post DHL Group announced today the launch of its GoGreen Plus service for its international courier division DHL Express, enabling customers to address Scope 3 emissions from shipping through the use of sustainable aviation fuel. DHL’s targets include using at least 30% of SAF blending for all air transport by 2030.
Volvo Cars announced a new climate-related commitment, unveiling a new aim to reduce CO2 emissions per car by 75% by 2030, compared to a 2018 baseline. Volvo Cars has also pledged to sell only fully electric cars across its global portfolio by 2030.
small and medium-sized enterprises (SMEs), enabling SMEs to address their emissions from shipping through the use of sustainable aviation fuel (SAF). DHL’s targets include using at least 30% of SAF blending for all air transport by 2030.
As a result, coffee production will be greatly limited in medium and lower elevations by 2030 to 2050. After backing out shipping, insurance, importer and exporter and mill costs, that price would be closer to $2.20 This deforestation inhibits carbon sequestration, which leads to higher temperatures. The cycle is self-fulfilling. .
Around 200 years ago, they learned how to power ships and trains using the energy from fossils of ancient plants and animals once fuelled by the sun. cents by 2030. Its goal is to install 20 GW of solar PV by 2025 and 60 GW by 2030, making it the largest electricity source in Europe, with more than half coming from rooftops.
The shipping industry’s green transition will be stuck in the slow lane without incentives and rules to drive more private investment to diverse innovations, COP28 heard yesterday. Green fuels seen as lifeline, as CEOs call on regulator to accelerate reforms at COP28.
DHL’s GoGreen service provides shippers with the option of climate-neutral shipping through investments in internationally recognized climate protection projects to offset emissions generated during transport. DHL’s targets include using at least 30% of SAF blending for all air transport by 2030.
In 2020, Arc’teryx set two science-based targets — reduce absolute Scope 1 and 2 greenhouse gas emissions by 65 percent by 2030; and reduce Scope 3 greenhouse gas emissions by 65 percent per unit of value added by 2030 — both from a 2018 base year.
For months, Canadian fossils have been touting the possibility of shipping LNG to Germany to help the country cope with an energy supply crisis brought on by Russia’s war in Ukraine. A week later, then-finance minister Scholz announced a 65% emissions reduction target for 2030 and a 2045 deadline to bring emissions to net-zero.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content