8.2 C
Hamburg
Friday, February 23, 2024
Home News MSC reports progress in sustainability initiatives

MSC reports progress in sustainability initiatives

MSC published in its 2022 Sustainability Report that it is committed to enabling the development of resilient and sustainable supply chains, promoting the transition to net zero.

According to the company, MSC's Cargo Division takes a holistic approach to sustainability, building on the fundamentals of business ethics, protecting the planet and ensuring a safe place to work.

All this comes, while focusing on three strategic priorities, decarbonising logistics, promoting inclusive trade and addressing social challenges.

MSC has set a clear goal of complete net decarbonisation by 2050, without relying on external offsetting.

In 2022, the Swiss/Italian ocean carrier had its first LNG-powered ships, and in 2023-26 it will welcome 95 new ships with the flexibility to operate using different fuels.

Moreover, the company is also working on energy efficiency measures to progressively reduce its carbon intensity, modernising its current fleet.

MSC adds that a crucial part of its sustainability approach involves supporting remote and vulnerable economies, which often face higher shipping costs due to their dependency on imported goods, by removing trade barriers and helping communities maintain the market connections on which they depend.





Latest Posts

Xeneta appoints former Amazon and MSC expert

Fabio Brocca, recently appointed Chief Product Officer at Xeneta, faces the challenge of leveraging data and technology to revolutionize the buying and selling of...

Beijing dismisses Biden’s allegation of spying through China-made container cranes

The Chinese government has called US President Joe Biden’s allegation of espionage, using made-in-China container handling cranes, as pure conjecture. Biden signed an executive order...

Hamburg boosts trade relations with India

Positive developments in economic relations between Germany and India have led to a significant uptick in imports and exports between the two countries in...

Update: Five dead after container ship hits bridge in China

Chinese authorities said today (23 February) that five people have been confirmed killed after a boxship hit a bridge in Guangzhou in the southern...

Latvia, UK and Canada cooperate on ROC solution

The Port of Riga has joined a consortium comprising Latvia, the UK and Canada to develop a solution for a single Remote Operations Centre. This...