Singapore-headquartered shipping line Swire Shipping has published its sustainability report, which details its goals and achievements in this arena for the calendar year 2022.
Throughout the year, Swire Shipping said that it identified key priorities based on the material sustainability and decarbonisation topics that drive long-term value for its business and stakeholders. It also developed short, medium, and long-term targets to bolster its ambitions and measure performance.
Jeremy Sutton, managing director of Swire Shipping, commented: “Our sustainability strategy centres around three core pillars – thriving environment, thriving people, thriving partners – and is a mark of commitment to creating a more sustainable future for our stakeholders, customers, employees, and the communities we serve. Driven by targets closely aligned with our business strategy, and with several of the United Nation’s Sustainable Development Goals, it encompasses all the areas where we feel we can make the most difference.”
The carrier, which celebrated its 150th anniversary last year, has set a target of net-zero greenhouse gas emissions by 2050, and a 50 percent reduction in carbon intensity by 2030 (compared with a 2015 baseline).
The report can be seen in full here.