ESL Shipping Ltd has joined the Science Based Targets initiative (SBTi) and committed to setting both near-term and long-term company-wide science-based emission reduction targets in line with the pathway to limit warming to 1.5°C above pre-industrial levels.
ESL Shipping has a track record of developing new vessel concepts that enable significant emission reductions and has worked actively with industrial partners to develop a renewable fuel supply, a crucial element in the journey towards fossil-free shipping.
“For years we have worked hard to find solutions to reduce our carbon footprint and by committing to the SBTi, our clients and stakeholders can be convinced that we have a robust plan to achieve net zero by 2040”, said Managing Director Mikki Koskinen.
In 2021, ESL Shipping published ambitious climate targets to reduce its emission intensity per ton-mile by 50% by 2030 and achieve net zero operations by 2050. In conjunction with the commitment to science-based targets, the net zero target has been brought forward to 2040.
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