Navigating towards zero emissions
We believe that both society and businesses are gradually moving towards a zero-emission future. For our part, we embrace that as both a challenge and opportunity. It’s a chance to reduce costs and differentiate ourselves in a competitive marketplace through our Lean:Green environmental strategy, and to contribute to two of the UN’s SDGs: Good Health and Wellbeing, and Climate Action.
GHG emissions from ships
Transoceanic shipping is an industry of paradoxes. On one hand, it’s the most carbon-efficient mode of transport there is, but on the other, it still counts for almost 3% of global CO2 emissions.
Reducing GHG emissions and reducing operating costs are two sides of the same coin so we are motivated to reduce both for the sake of the environment and our business.
Managing vessel performance
The Marine Operations Management team assess fuel consumption (and other factors that could be affecting performance) on a continuous basis and respond by making suitable adjustments.
Non-GHG emissions from ships
Our fleet emit NOx, SOx and Particulate Matter (PM), which impact human health and the environment.
Non-GHG emissions are an important topic to us because they’re both a compliance issue and something that impacts the planet, profits and people.
Our Marine Operations Management team are responsible for the compliance and performance of all vessels under our control. Results, however, can be affected by factors outside of our control too, such as the condition of freight markets.
Managing non-GHG emissions
We comply with all global, regional and local emissions regulations that apply to us.
Regulating NOx is down to modifying engines during ship building, while compliance with SOx and PM, which are regulated together, is attained by choosing either low sulphur fuels or operating a ‘scrubber’, which removes SOx from engine emissions.
In 2020, there will be a new cap on sulphur fuel content (0.5%), so for several years we’ve been running a Four Stream project: testing four different courses of action so that we can decide which is best for deep sea, global and RoRo operations.
We’re also the founder and current chair of the Trident Alliance, a network of almost 50 shipping companies that believe effective and robust enforcement of sulphur regulations is crucial for maintaining fair competition, as well as for protecting health and environmental interests.
GHG emissions in land-based operations
Though land-based activities aren’t as energy-intensive as our ocean-based activities, they still account for significant GHG emissions.
Our facilities include vehicle processing centres, vehicle distribution centres, ocean terminals and the vehicles we operate – the responsibility for which lies with each one’s respective operational manager.
GHG emissions are costly, and an important issue for our customers, so they’re important to us too.
Managing energy consumption
We manage energy consumption on a facility-by-facility basis.
As electricity tends to be their largest power source, we tend to work on improving big, inefficient consumers first through doing things like upgrading facilities to LED lighting.
Cargo handling and distribution vehicles require energy too. Local or regional regulation oversees emissions at these, and we’re committed to complying fully at all times.
Non-GHG emissions in land-based operations
On land, terminals, equipment, processing centres and truck operations all tend to operate using fossil fuels. This means they contribute to both GHG and non-GHG emissions.
Depending on what form of energy they use, we can influence facilities and vehicles we have operational control over.
To us, complying with regulations that govern vehicle non-GHG emissions is a minimum requirement in trade. Particularly as it’s in the interest of the local communities affected by them.
Managing non-GHG emissions
As non-GHG emissions, which are mostly the result of mechanical or electrical power generation, are closely tied to GHG emissions, we’re also focused on reducing the latter.