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Global supplychains are no longer just the "back-end" of businesses—they're now the front line in a world of constant disruptions. From the COVID-19 pandemic to geopolitical conflicts and extreme weather events, supplychains have been tested like never before. Companies like Toyota have shown the way forward.
Supplychain operators have narrowed their focus on sustainability and decarbonization thanks to increasing market and regulatory pressures. Deloitte’s view is supported by a recent survey-driven report that DP World conducted in partnership with SupplyChain Dive’s studioID. How are internal operations shifting?
Green groups urge UN to raise climate ambition on global shipping. The global shipping industry's decarbonization efforts once again face stormy seas. Faïg Abbasov, head of shipping at campaign group Transport & Environment, told BusinessGreen the proposal was "essentially an empty shell." "To Cecilia Keating.
Etsy takes aim at shipping and packaging in setting 2030 net-zero goal. percent absolute reduction in Scope 3 greenhouse gas emissions by 2030, including seller shipping and fulfillment. Back in 2019, Etsy launched its first initiative focused on reducing the carbon emissions of its marketplace by introducing carbon offset shipping.
Electrification could squeeze CO2 out of industrial supplychains. With this in mind, the remaining years of this decade will be defined by tackling value chain emissions. But there are a lot of industrial operations where commercially available solutions for decarbonizing do not yet exist. Jean Haggerty.
Semiconductor firm Applied Materials puts supplychain at center of new commitments. We are going to hold our supplychain to the same standards that we hold ourselves in the areas of environmental impact, labor standards, and diversity and inclusion. Heather Clancy. Tue, 07/28/2020 - 02:00. Pull Quote.
VANCOUVER, Canada, December 14, 2023 /3BL/ - DP World , a global leader in integrated supplychain solutions, has endorsed a new Memorandum of Understanding (MOU) aimed at establishing an international green shipping corridor linking Canada’s West Coast with ports in Asia and the Middle East. Lawrence Seaway.
Nearly all – 90% – of global trade is seaborne, according to the Organisation for Economic Co-operation and Development (OECD), underscoring the significant environmental impact of ports and shipping. Johansen underscores the urgency of decarbonizing maritime port operations due to the significant environmental impact of shipping.
But in reality, with revenues and ticket sales way down, there's only so much commercial airlines actually will do to meet decarbonization goals. More specifically, Amazon's air shipping business, which along with its entire global logistics supplychain juggernaut is booming. . SupplyChain. Logisitics.
Originally published in FedEx's 2024 Global Economic Impact Report Delivering a more sustainable future FedEx works hard every day to make global supplychains smarter for everyone by leveraging advanced technologies to help optimize logistics.
Freight accounts for nearly 8%, but when combined with warehousing operations, grows to 11%, according to the MIT SupplyChains Initiative. Within the supplychain ecosystem, freight forwarders will increasingly play a pivotal role in driving sustainability, digitalization, and resilience across the industry.”
Amazon's plans to decarbonize its shippingsupplychain isn't just focused on electrifying its delivery vans. are shipped by trucks, but a small and rapidly growing segment of goods are shipped by planes. . Amazon to buy bio jet fuel to lower air cargo emissions. Katie Fehrenbacher. Wed, 07/08/2020 - 08:00.
Unlike traditional carbon offset credits, which compensate for emissions through external projects like tree planting, inset credits reflect a tangible reduction in emissions achieved directly within a companys own supplychain.
Stakeholders bring diverse perspectives that help identify potential risks and opportunities within the supplychain. Decarbonization and Smart Logistics at DP World DP World has a clear vision for decarbonization, with ambitious goals to reduce emissions and lead the logistics industry toward a more sustainable future.
Decarbonizing FedEx's airline fleet will be even more difficult than moving its trucks to batteries. Companies in particularly difficult industries to decarbonize — such as airlines — have shown increased interest in investing in carbon capture technologies. . SupplyChain. Transportation & Mobility. Carbon Capture.
Prioritizing sustainability within supplychains is becoming increasingly critical, and this latest announcement is another step for Lenovo as part of its goal to remove one million tons of greenhouse gas emissions from its supplychain by Fiscal Year 2025/26. About Maersk. Website: www.maersk.com.
Shipping must align with the Paris Agreement temperature goal and be run entirely on net-zero energy sources by 2050. Over 200 signatories to the industry-led Call to Action to decarbonizeshipping firmly believe that urgent and equitable decarbonization of the maritime supplychain by 2050 is possible and necessary.
In a significant move towards a more sustainable future, DP World and the International Renewable Energy Agency (IRENA) are joining forces to accelerate the use of renewable energy and decarbonize the ports, maritime, and logistics sectors. The maritime sector is one of the most challenging industries to decarbonize.
Masdar CEO Mohammed Jameel Al Ramahi said: “Masdar believes green hydrogen to be a promising energy source for hard-to-abate sectors in support of global decarbonization, which is why we launched our dedicated green hydrogen business last month.
Deutsche Bank announced the publication of its initial Transition Plan, outlining the bank’s methodologies, targets and achievements on its path to net-zero by 2050, across its own operations and supplychain, as well as financed emissions. This will allow us to continuously refine our own Transition Plan.”
Dry bulk ship owner Berge Bulk announced the launch of its 210,000 Metric Tons Deadweight vessel, Berge Olympus, retrofitted with four BARTech WindWings by Yara Marine Technologies, that use wind power to reduce fuel consumption and CO2 emissions. Yara’s WindWings, each possessing an aerodynamic span of 37.5 tonnes per day.
When you think of a logistics leader like DP World, you probably imagine shipping containers and cranes not classrooms and scholarships. In Suriname, the company partnered with COSCO Shipping Lines to renovate the media library at OS Lobatoschool near the Jules Sedney Terminal in Paramaribo.
Logistics and shipping giant Deutsche Post DHL Group announced today that it is expanding its supplychain emission reduction service, GoGreen Plus, to road transport through its overland freight transport solutions division, DHL Freight.
The shipping industry accounts for approximately 3% of global greenhouse gas emissions, and is facing increasing pressure to address its climate footprint, as companies look to decarbonize their supplychains, and regulators and governments introduce rules to reduce the sector’s emissions.
million in seed capital, with proceeds supporting the company’s solutions aimed at enabling industrial and transport decarbonization. This new funding will accelerate our product in the market as we aim to decarbonize industries like transportation and manufacturing, offering a cost-effective route for green hydrogen production.
Logistics giant Deutsche Post DHL Group announced today the launch of its GoGreen Plus service for its international courier division DHL Express, enabling customers to address Scope 3 emissions from shipping through the use of sustainable aviation fuel. DHL’s targets include using at least 30% of SAF blending for all air transport by 2030.
small and medium-sized enterprises (SMEs), enabling SMEs to address their emissions from shipping through the use of sustainable aviation fuel (SAF). The post DHL Enables US SMEs to Address Shipping Emissions by Investing in Sustainable Aviation Fuel appeared first on ESG Today. Greg Hewitt, CEO of DHL Express U.S.,
23, LKAB announced that it intends to integrate forward in the steel supplychain and start producing "sponge iron" as a value-added product from its current pellet product, using the HYBRIT process. These steel plants can replace polluting blast furnaces with a process that emits water vapor instead of CO2.
A study published on 9 January appears to find that green ammonia could be used to fulfil the fuel demands of over 60% of global shipping by targeting just the top 10 regional fuel ports. Around USD 2 trillion will be needed to transition to a green ammonia fuel supplychain by 2050, primarily to finance supply infrastructure.
A new briefing from think tank organisation the Energy Transitions Commission (ETC) argues that the clean energy transition can be delivered on time and at an affordable cost if supplychain risks are minimised by policy and industry action. The energy transition is fundamentally achievable if supplychain risks are managed.
A global challenge, a regional response As the world celebrates World Ocean Day 2024, Indonesia takes center stage for its pioneering efforts towards sustainable shipping. Within the Association of Southeast Asian Nations (ASEAN), a region heavily reliant on maritime trade, the need for sustainable shipping practices is particularly acute.
In Stephenville, Trudeau called the bilateral commitment to build a trans-Atlantic hydrogen supplychain by 2030 a historic moment, CBC reports. “We We must look to resources like hydrogen which can and will be clean and renewable. We can be the reliable supplier of clean energy a net-zero world needs,” he said.
For years, the relationship between sustainability and profitability in supplychain management was viewed as a zero-sum game. These findings and more are captured in DP Worlds report, titled Sustainability Drives Financial Benefit Across SupplyChains , available for download now. That narrative is rapidly evolving.
Thanks to converging forces — including supportive policies, dropping battery costs and aggressive climate goals — transportation leaders at large and small organizations are increasingly turning to new zero-emission and low-carbon options that decarbonize fleets and in some cases save money. Shipping & Logistics. Media Source.
This week in ESG news: Deloitte launches emissions calculator, ESG reporting tools; EU approves new carbon tax on imports; sustainable finance market rebounds in Q1; Apollo launches $4 billion clean energy transition strategy; DHL helps SMEs to decarbonizeshipping; most companies not confident in ESG reporting capabilities, Deloitte survey finds; (..)
We’ve taken measurable actions to tackle our operational emissions and waste footprints while mobilizing our teammates, supplychain partners and consumers to do the same. As a business, Clorox has long understood that sustainability is not simply a tagline — it’s an intentional and integrated part of our IGNITE strategy.
“Ocean transport is the most environmentally efficient way to move goods, and we are striving to make it even better for the planet and support greener, more resilient supplychains,” said Chairman and CEO Tom Crowley. “We Committed to 37% diverse vendors in the supplychain and 27% small business sourcing by 2030.
In addition, to reduce carbon emissions in shipping its products worldwide, Acer has partnered with logistics provider Kuehne+Nagel to reduce standard sea containers emissions thanks to biofuel on various routes since Q4’22. TAIPEI, Taiwan, September 14, 2023 /3BL/ - Acer Inc.
SWORDS, Ireland, November 20, 2023 /3BL/ - Trane Technologies (NYSE: TT), a global climate innovator, today announced a significant milestone for its industry-leading, sustainable climate solutions – with more than one million HVAC units with low-carbon steel shipped to homeowners and commercial customers across the U.S.
billion, citing emerging long-term opportunities in areas including decarbonization, energy security, digital infrastructure, and supplychain transitions. GIP has described decarbonization as central to its investment thesis.
As a tool for deep decarbonization, hydrogen can be deployed to add stability and flexibility to electric grids, thereby enabling the integration of even more renewable power. Cleaning up the hydrogen supplychain. Food waste is another area of global concern that could benefit from integration with the hydrogen supplychain.
Now we are setting this new absolute target, spanning scopes 1, 2 and 3 of the greenhouse gas protocol, because, if we want to truly decarbonize our global businesses, we need to move from carbon intensity reductions to absolute reductions.”
The company’s latest report provides updates on current sustainability initiatives and efforts supporting its long-term sustainability vision and commitments under these focus areas, including the company’s 2030 commitments to reduce carbon emission intensity and aspirations to achieve net carbon-neutral ship operations by 2050.
DHL’s GoGreen service provides shippers with the option of climate-neutral shipping through investments in internationally recognized climate protection projects to offset emissions generated during transport. This is a win-win for our customers and in line with our own commitment to delivering net zero across Standard Chartered.”
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