International Container Terminal Services, Inc. (ICTSI) has launched its Climate Change Action Initiative, which aims to contribute to the global efforts in tackling climate change.
Recognising the critical need to battle climate change and decrease greenhouse gas (GHG) emissions, the project intends to provide a comprehensive roadmap for ICTSI to align its business strategy with the goals of the Paris Agreement on Climate Change.
This roadmap will establish decarbonisation objectives for the whole ICTSI Group, including all terminals, and will address Scope 1 (direct emissions) and Scope 2 (indirect emissions) from bought electrical generation.
By the end of this year, ICTSI plans to publish a decarbonisation objective for Scope 1 and 2.
Furthermore, the company is trying to account for the complete value chain’s GHG emissions footprint, including Scope 3 emissions.
An inventory is expected to be established by 2025, followed by a review of relevant targets.
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Christian R. Gonzalez, ICTSI Executive Vice President, Compliance Officer and Chief Sustainability Officer said: “Through the launch of our Climate Change Action Initiative, we are demonstrating our commitment to a sustainable future.
“By decarbonising our operations and addressing the challenges of climate change, ICTSI aims to contribute significantly in the global efforts towards a greener and more resilient world.”
Gonzalez added: “We believe that by embracing innovative solutions and fostering collaboration, we can create a positive impact on both the environment and our industry.
“Together, we can build a future that is both economically prosperous and environmentally responsible.”
ICTSI has created an internal team led by Nathan Clarke, Vice President and Head of Global Engineering – Infrastructure and Project Delivery, to guarantee a credible decarbonisation plan.
Jacobs Solutions, Inc., an international consulting firm, has also been retained to offer an accurate assessment of emissions across ICTSI terminals and to establish a clear path for emission reductions.
The collaboration will create a baseline for GHG emissions, establish plans to reduce them, set goals, and create a framework to evaluate performance.