Evergreen Marine completes GHG emissions check

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Evergreen Marine Corp. has completed a systematic inspection and calculation of greenhouse gas emission inventories for its business operations, including its global operating fleet, office buildings and container terminals in Taiwan.

The FSC (Financial Supervisory Commission) in Taiwan launched its ‘Sustainable Development Roadmap for Listed Companies’ in March this year, requiring companies to disclose their greenhouse gas emission inventories in stages. Listed companies such as Evergreen Marine must complete the survey of its greenhouse gas emission sources and inventories next year in 2023, and obtain third-party verification by 2024.

In addition, surveys and verification of its subsidiaries must be completed in 2025 and 2027, respectively.

To comply with relevant regulations and meet various information needs about greenhouse gas emission of customers and other stakeholders, Evergreen Marine established a task force responsible for the inspection of its greenhouse gas inventory and the design of a carbon footprint platform.

Following a thorough inspection and verification of its greenhouse gas emissions for all business operations, the company simultaneously obtained the two international environmental protection standard certificates of ISO14064-1:2018 and GHG Protocol in July, ahead of the schedules required by the competent authorities.

The company is using advanced technologies to build a fleet of eco-friendly vessels, which comply with the IMO’s Energy Efficiency Existing Ship Index (EEXI) regulations and enable best fuel efficiency, and continues to replace old ships with new ones.

READ: Evergreen rallies as schedule reliability reaches 40 per cent for June

At present, 80 per cent of ships in its operating fleet are less than ten years old.

Evergreen’s investment in the 7th Container Center in Kaohsiung is expected to come to fruition with operations beginning in the second half of next year. 

The terminal will gradually replace current operations in the separated transit hubs of the fourth and fifth container centres located in different parts of the port. Consolidation of operations at the brand new transit hub will effectively reduce the shunting of transshipments between the two terminals and eliminate the carbon emissions arising from the transportation.

Evergreen has set carbon reduction targets based on its levels of carbon emissions in 2008, including a 50 per cent reduction of CO2 emission rate (g/TEU-km) by 2030; a 70 per cent reduction in the emission rate by 2050, and a 50 per cent reduction in overall emission volumes by 2050.

In June Hudong-Zhonghua Shipbuilding Group Co. (Hudong-Zhonghua), a subsidiary of China State Shipbuilding Corporation (CSSC), delivered one of the new world’s largest containerships to Evergreen Marine.

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