INTERNATIONAL Container Terminal Services has launched an initiative to define its decarbonisation strategy.
The Climate Change Action Initiative involves developing a roadmap that sets targets for the entire ICTSI group, including all terminals.
ICTSI operates 33 terminals in 20 countries, according to its website. In Australia, it operates Victoria International Container Terminal at Webb Dock East.
The new roadmap would cover scope 1 and 2 emissions from generation of purchased electricity and aims to align ICTSI’s business strategy with Paris Agreement goals.
ICTSI expects to announce a decarbonisation target for scope 1 and 2 by the end of this year.
The terminal operator is also working toward accounting for the full greenhouse gas emissions footprint of the entire value chain, including scope 3 emissions.
It expects to establish an inventory by 2025, followed by a review of relevant targets.
Christian Gonzalez, ICTSI executive vice president, compliance officer and chief sustainability officer, said the initiative launch demonstrates ICTSI’s 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,” he said.
“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 appointed an internal team to help design a credible decarbonisation strategy. The team will be led by Nathan Clarke, ICTSI vice-president and head of global engineering – infrastructure and project delivery.
ICTSI has also engaged consulting firm Jacobs Solutions to provide a view of emissions across the terminals and develop a roadmap to reduce them.
Other anticipated outcomes include a GHG emissions baseline, plans for emissions reductions, new targets and a framework to monitor performance.
“As a responsible global industry leader, ICTSI is taking a holistic approach to combat climate change and proactively mitigate its environmental impact,” Mr Gonzalez said.
“The Climate Change Action Initiative serves as a catalyst for transformative action, enabling ICTSI to play a pivotal role in the transition to a low-carbon economy.”