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Manila Bulletin devider Business devider Trade & Industry devider ICTSI vows 'net zero' emission by 2050

ICTSI vows 'net zero' emission by 2050

Published Jan 11, 2024 07:09 am

The International Container Terminal Services, Inc. (ICTSI) vowed to fulfill its sustainability targets in terms of net zero greenhouse gas emissions (GHG) emissions in its shipping operations and energy sources by 2050. 

As part of its commitments, the shipping company aims to reduce GHG and purchased non-renewable electricity by 26 percent per container move by 2030 in order to meet the net zero goal. It is also “evaluating emissions across the value chain” and is planning to develop an inventory by 2025.

Its targets will be regularly reviewed and updated to adapt to changes in climate, expert guidance, and outcomes of mitigation operations. 

Manila International Container Terminal 10.jpg
Manila International Container Terminal (MICT)

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

“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,” added Gonzalez. 

Currently, ICTSI has carbon neutrality in four terminals namely the Contecon Guayaquil in Ecuador, Contecon Manzanillo in Mexico, and Tecon Suape and Rio Brasil Terminal in Brazil. 

It has also deployed 48 hybrid rubber-tyred gantries (RTGs), referring to large loading equipment that are powered by hybrid conventional and renewable energies. 

Around 40 RTGs are used at the Manila International Container Terminal; two each at Mindanao Container Terminal in Misamis Oriental and South Pacific International Container Terminal in Lae, Papua New Guinea; and four at Matadi Gateway Terminal in D.R. Congo. 
 

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