Despite voluntary sustainability efforts and increasing regulations, shipping emissions are on the rise.
“An earlier transition will allow more gradual changes, thereby reducing the risk of significant disruptions of the sector and of asset stranding,” the report said.
A bill in the state of New York proposes environmental and social disclosure requirements for fashion companies.
“Absolute figures are always dependent on transport activity. But if you have the emissions intensity, you as a shipper or a freight buyer can make a very educated decision,” Moritz Tölke, technical manager at the Smart Freight Centre, told FreightWaves.
“In the longer term beyond the mid-2030s, EVs are the biggest factor, but the 2030s are a long time away,” said Aaron Terrazas, director of economic research at Convoy.
Crowley wants to be “the most sustainable and innovative maritime and logistics company in the Americas by 2025,” says Alisa Praskovich, sustainability director at the company.
CN and CSX received recognition for their action on climate change. UP has upped its targets and released a plan to reach them.
“We believe that every sector has to make a contribution toward global decarbonization,” Fernando Rangel Villasana, senior technical manager at SBTi, told FreightWaves.
“The program offers technical and consultative resources that both shippers and carriers can use to reduce their carbon footprints, while improving the speed, resilience and efficiency of their supply chains,” said Bob Shellman, president and CEO at Odyssey Logistics.
Amazon accounts for its carbon intensity, emissions, renewable energy and decarbonization strategies and provides updates on The Climate Pledge in the 2020 sustainability report.
