The move was announced by the company’s chairman and the group’s CEO, Sultan Ahmed bin Sulaim, while speaking at the UN Climate Conference (COP 27) in Sharm el-Sheikh, Egypt via video call yesterday.
Ben Solaim also strengthened the commitment of DP World sustainability by taking on the green shipping challenge (GSC). The challenge, launched earlier this year by US Presidential Special Envoy on Climate Change John Kerry and Norwegian Prime Minister Jonas Gahr Storr, encourages countries, ports, companies and other players in the shipping value chain to come up with concrete announcements to continue Marine activity benefits the climate.
“Global trade has been a huge force for good, keeping our world connected and lifting millions of people out of poverty in recent decades. But this growth is not without consequences – from the amount of energy required to produce, transport and use goods to the resource intensity of logistics and the challenges that economic growth can bring. As a leading company in the world trade arena, we have the tools, the ingenuity and the drive to lead a step change in logistics,” said Ben Sulaim.
The planned reduction in carbon emissions by nearly 700,000 tons represents a 20% cut from 2021 carbon emissions levels, the company noted.