WEBSITE FEATURE
Our Carbon Reduction Scientist, Nathan Wood has been working on a shortened version of our ‘Maritime Transport – Fuels, Emissions & Sustainability’ white paper, detailing the issues surrounding carbon reduction in the maritime transport industry.
The shipping industry is a key economic driving-force of the world economy, with roughly 90% of traded goods reliant on shipping. However, the current generation of ships and most port infrastructure are heavily reliant on fossil fuels.
In recent years there have been a number of regulations and targets put in place to reduce the greenhouse gases (GHG) produced by the shipping industry. The International Maritime Organization (IMO) has set strict goals to reduce the carbon footprint of international shipping by at least 40% by 2030, compared to 2008 levels. By 2050, the 2021 EU Green Deal sets goals for port cities to reduce their greenhouse gas emissions by 90%. The EU has also openly stated the need to include shipping in its Emissions Trading System (ETS), which places annual limits on company emissions and imposes financial penalties on those who exceed the limits.
A shortened version of our 'Sustainable Packaging: Material Selection, Carbon Reduction, and the Role of Legislation in Facilitating a Circular Economy' white paper has been featured on Sustainable Packaging News' website. Learn about the latest strategies for reducing carbon emissions in the packaging supply chain, including material selection and regulatory compliance.
All in all, organisations have control over, and choices in, a very large element of their scope 3 emissions. It’s not acceptable to plead that scope 3 is out of their control and is effectively in the gift of their supplier chains. Moreover, a corporation committed to environmental responsibility can work with its wider value chain to facilitate visibility and understanding of the scope 3 emissions that do include supplier emissions.
Beginning in 1765, the first industrial revolution transformed our economy by using coal to change the way goods were produced and manufactured. Since then, the second industrial revolution was driven by gas in 1870 before being followed by nuclear power in 1969. Today, we are driving through the fourth industrial revolution (Industry 4.0) as we see a shift from fossil fuels to renewable energy such as solar and wind power. These revolutions show how quickly the manufacturing industry changes dependent on the source of power, with Industry 4.0 helping the manufacturing sector cut greenhouse gas emissions (GHG) from the use of renewable energy.
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