Insights

With COP28 looming, companies must proactively address emissions and report real progress on corporate climate goals.

For companies that do not own their own trucks, but contract transportation suppliers for moving their goods, reducing Scope 3 emissions is paramount.

IMO plans to revise its GHG strategy for maritime shipping July 2023. The industry is responsible for 3% of global GHG emissions.

Bottomline: IRA provisions are good for profit and for the planet. They can also help companies make progress towards climate commitments.

The maritime shipping industry is increasingly coming together around the need to explore new fuels and operational models to reduce emissions.

Lowering methane emissions 30% by 2030 is good for the climate, supply chain resilience and farmer livelihoods.

Between setting goals and disclosing progress, it is critical that companies develop a CTAP to ensure their targets are achieved.

Maritime shipping is a cornerstone of global supply chains and a major source of GHG emissions. The industry can move faster toward low-carbon fuels.