21 Juni 2021

[210621.EN.SEA] MOL Moves Ahead To a Greener Future

 



JAPAN's Mitsui OSK Lines (MOL) has established "MOL Group Environmental Vision 2.1" as a guide to achieve net zero greenhouse gas emissions by 2050.

The new vision is an upgrade to "MOL Group Environmental Vision 2.0" announced in June 2020, reports Container News.

The Japanese carrier said it strives to reduce GHG emissions generated by its business activities and by society and is working closely with several companies in different industries in order to clean energy supply chains.

The company said it analyses scenarios, adopting the framework of the Task Force on Climate-related Financial Disclosures (TCFD) and it addresses environmental issues by setting higher targets, in response to accelerating advances in global trends and technological innovation.

MOL has published the following environmental targets: Deploy net zero emissions ocean-going vessels in the 2020s; reduce GHG emissions intensity by approximately 45 per cent by 2035, compared with 2019 levels; and achieve net zero GHG emissions by 2050.

Source : HKSG.

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