ICTSI commits to net zero by 2050  

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ICTSI sets route for sustainability with net zero commitment by 2050

International Container Terminal Services, Inc. (ICTSI) has committed to achieving net zero greenhouse gas (GHG) emissions for its Scope 1 and 2 emissions by 2050.

ICTSI commits to reduce its GHG emissions directly from its operations (Scope 1) and purchased electricity (Scope 2) by 26 per cent per container move by 2030, benchmarked against a 2021 baseline.

The company is actively evaluating emissions across its entire value chain (Scope 3) and will develop an inventory by 2025, followed by a target review.

These targets will be regularly reviewed and updated in alignment with evolving climate science, ensuring that ICTSI stays at the forefront of adaptation and mitigation efforts.

READ: ICTSI launches new decarbonisation initiative

Christian R. Gonzalez, ICTSI Executive Vice President, Compliance Officer and Chief Sustainability Officer said: “Our commitment to decarbonisation targets marks an important step on our journey to becoming a more sustainable company and as part of this, we are actively implementing initiatives to maximise energy and resource efficiency, reduce carbon intensity, and lower emissions.”

ICTSI has reportedly achieved carbon neutrality in four terminals in the Americas – Contecon Guayaquil in Ecuador, Contecon Manzanillo in Mexico, and Tecon Suape and Rio Brasil Terminal in Brazil – representing a significant quarter of the Group’s total volume handled.

READ: ICTSI obtains $750 million loan facility to bolster operations

Gonzalez added: “Making a positive environmental impact is fundamental to our business strategy which means we will continuously review and update our goals to ensure their relevance and accelerate our efforts towards mitigating climate change.”

In November 2023, South Pacific International Container Terminal (SPICT) and Motukea International Terminal (MIT), ICTSI’s operations in the Ports of Lae and Motukea, welcomed the largest boxship to ever dock in the Pacific Islands region.

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