Hapag-Lloyd targets 20% CO2 reduction by 2020

German shipping firm Hapag-Lloyd intends to achieve a 20%reduction in carbon dioxide (CO2) emissions per TEU-kilometer (compared to 2016) by 2020, it says.

The firm has published its first ever sustainability report ever setting the climate goal for itself within the document.

Hapag-Lloyd has previously lowered its CO2 emissions by 46% between 2007 and 2016.

“We have deliberately set a very ambitious goal for ourselves in terms of CO2 emissions because we view sustainability as self-evident, active involvement rather than lip service,” says Jorg Erdmann, Senior Director of Sustainability Management at Hapag-Lloyd.

“Hapag-Lloyd numbers among the leaders in the container shipping sector when it comes to sustainability. Time and again, our involvement far exceeds the measures required by law.

“For example, we are one of the few global shipping companies that recycle its container ships in an environmentally friendly manner in specifically certified shipyards – even if this entails additional costs.”

Hapag-Lloyd, additionally, notes its endorsement of the April 13 decision at the International Maritime Organization (IMO) to halve the CO2 emissions caused by the international shipping industry by 2050.

“We think the strategy put forward by the IMO to decrease the greenhouse gas emissions from shipping is excellent,” said Rolf Habben Jansen, CEO of Hapag-Lloyd AG.

“What matters now is for all market players to pull together in the same direction. Hapag-Lloyd will do everything within its power to contribute to achieving this goal.”

Photo credit: Hapag-Lloyd
Published: 25 April, 2018