DP World secured validation from the Science Based Targets initiative (SBTi) for its commitment to reduce its carbon footprint.
The global trade and logistics firm commits to lower Scope 1 GHG emissions 42% by 2030 from a 2022 base year, and also commits to lower Scope 2 GHG emissions 62.2% and absolute Scope 3 GHG emissions 28% within the same timeframe.
The validation from the SBTi underscores the strength of DP World’s sustainability strategy and recognizes its progress-to-date and plans, which focus on slashing its own emissions and empowering its customers to meet their own Scope 3 reduction targets.
“DP World is committed to leading the supply chain industry towards a more sustainable and efficient future, and ultimately achieving net zero emissions by 2050,” said Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, in a statement. “The SBTi’s validation confirms the strength and ambition of our plans as we remain committed to playing a pivotal role in uniting our industry for a better tomorrow.”
DP World has made progress on its sustainability strategy in recent years, announcing a 13% reduction in emissions since the 2022 base year.
As of 2023, 60% of DP World’s electricity consumption comes from renewable sources with an aim to increase this to 70% by 2030 and 100% by 2040.
DP World’s achievements include the following:
- The Zero Emission Port Alliance (ZEPA), an industry-wide strategic coalition led by DP World in partnership with APM Terminals to accelerate progress towards zero emissions for container handling equipment (CHE) in ports.
- Entered a strategic partnership with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (the Center) in 2022, whereby DP World committed to long-term strategic collaboration and contribution to the development of zero carbon technologies and solutions for the maritime industry.
- Membership of the World Economic Forum and the US Government-led First Movers Coalition, which aims to address the decarbonisation challenges of seven hard-to-abate sectors, including shipping.
- DP World’s work to advance fuel efficiency and alternative fuel adoption, plus the introduction of new, more efficient vessels across its network, including an agreement for methanol-capable container feeder vessels in Europe by 2026, and the introduction of hybrid-electric Ro-Pax ferries in the UK.
- Winning a series of sustainability awards for its work, including the EKOenergy ecological label for the installation of the first photovoltaic plant in the deep-water port of Posorja, and two 2024 SEAL Awards for the use of waste for energy and its BOXBAY offer.