CIFFA Forwarder Spring 2025

14 THE FORWARDER | SPRING 2025 Hapag-Lloyd https://www.hapag-lloyd.com/en/sustainability.html Key Initiatives: • Sustainability Strategy: Hapag-Lloyd aims to cut its CO 2 emissions by 25% by 2030 (compared to 2020 levels). • Alternative Fuels: The company has been exploring biofuels, LNG, and is working on future-proof fuel technologies, including ammonia and methanol. • Energy Efficiency Programs: Hapag-Lloyd is implementing energy-saving technologies, such as air lubrication systems and air flow-optimized designs to reduce fuel consumption. • Carbon-Neutral Services: The company provides a carbon- neutral service option through its “Sustainability” offering, where customers can offset emissions. Measurement Results: • 2021: Hapag-Lloyd achieved a reduction of approximately 8% in CO 2 emissions per container transported compared to 2020. • LNG Fleet: The company has incorporated LNG-fueled ships in its fleet, with a goal to reduce CO 2 emissions by 20% per vessel. Carbon Offsetting Program: https://www.hapag-lloyd.com/en/ services-information/news/2023/09/ets-european-trading-system- carbon-emissions.html Hapag-Lloyd offers a CO 2 Reduction & Offsetting program, providing customers the opportunity to neutralize the emissions associated with their shipments by contributing to carbon reduction projects. The company supports certified projects that deliver measurable reductions in greenhouse gas emissions. • Verified carbon credits: Customers can offset their shipments through verified credits that support a range of environmental initiatives, including reforestation and the development of renewable energy sources. • Project types: Hapag-Lloyd also focuses on renewable energy, energy efficiency, and forest protection projects. • Transparency: Hapag-Lloyd ensures that the projects are independently verified to maintain credibility and transparency. Hyundai Merchant Marine (HMM) https://www.hmm21.com/eng/sustainability Key Initiatives: • Green Ship Strategy: HMM has launched the “Green Ship” initiative, focusing on increasing the number of eco-friendly vessels in its fleet. • Alternative Fuels and Energy: The company is testing LNG, hydrogen, and ammonia as alternative fuels for its ships and is investing in technologies to reduce fuel consumption. • Emissions Reduction by 2030: HMM aims to reduce its carbon emissions by 40% by 2030, relative to 2019 levels, as part of its long-term decarbonization strategy. • Digitalization and Efficiency: HMM is leveraging big data and AI to enhance fuel efficiency, optimize routes, and track emissions across its global fleet. Measurement Results: • 2022: HMM reduced CO 2 emissions by 5% per container compared to 2021. • Fleet Modernization: By 2025, HMM plans to incorporate 20 LNG-powered vessels into its fleet to meet its decarbonization targets. Carbon Offsetting Program: https://www.hyundai.com/worldwide/en/company/sustainability/ carbon-neutrality-vision Hyundai Merchant Marine (HMM) has been increasingly focused on environmental sustainability. They have committed to reducing the carbon footprint of their fleet and offer carbon-neutral shipping services through various carbon offset initiatives. • Carbon offset projects: HMM’s program focuses on funding renewable energy and reforestation projects that meet recognized international standards like Gold Standard and VCS. • Emission reduction targets: The company has set goals for decarbonizing its fleet, adopting cleaner technologies, and moving toward green shipping options. • Green partnerships: HMM partners with several global sustainability organizations to enhance its carbon offset strategy and contribute to global efforts to combat climate change.