WHY IT MATTERS
Climate change is here, and its impacts are real. At DP World, we know continued mitigation is vital, but we’re also focused on the reality on the ground today and tomorrow. Building resiliency and adapting to the challenges that climate change brings, by ensuring the continued flow of trade. For our employees, partners, communities we serve, and the wider world.
HOW WILL WE ACHIEVE NET-ZERO?
Equipment electrification & efficiency
Reduce diesel and marine fuel consumption
Process efficiency and digitalisation
Introduce innovation and low-carbon technologies in operations portfolio and maximise efficiency in processes
Renewable energy supply
Produce electricity from renewable energy of carbon-neutral sources
Low-carbon fuels
Produce low- or zero-carbon fuels to replace diesel and marine fuel
Carbon compensation
Compensate the remaining carbon that cannot be avoided with carbon credits or other carbon offsetting method
OUR JOURNEY TO NET ZERO
2022
Base year
We may not have all the decarbonisation solutions today but by setting a clear goal, embedding sustainability principles into our operations and collaborating with industry and government partners, we believe we can achieve our short- and long-term goals.
2030
Near-term science-based target
Committed to reduce scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year, aligned with the 1.5-degree trajectory. Further committed to reduce absolute scope 3 GHG emissions 28% within the same timeframe. Our targets have been validated by the Science Based Targets Initiative (SBTi).
2050
Net zero carbon emissions
Committed to reach net zero GHG emissions across the value chain by 2050, by reducing scope 1, 2 and 3 GHG emissions by at least 90% from a 2022 base year. We will achieve our targets by investing in technology, implementing responsible business practices and working with the right partners along our value chain.
Equipment electrification
Equipment electrification
- Established an equipment electrification capital plan for our fleet of RTGs and electric terminal tractors, with a part of our $500M investment commitment by 2027 focused on this program.
- Completed proofs of concept of electric equipment, including terminal tractors and straddle carriers.
- Consideration of electric equipment requirements and renewable energy in design and development of new projects.
Low-carbon vessels
Low-carbon vessels
- Cross-company decarbonisation working group is leading implementation of the decarbonisation strategy within the division.
- Delivery of first hybrid-electric ferry in the UK, P&O Pioneer.
- Strategic partnership with the Maersk McKinney Moller Center for Zero Carbon Shipping facilitates contribution and integration of industry-leading marine decarbonisation research.
Renewable energy procurement
Renewable energy procurement
- Achieved 22.1% renewable electricity supply across DP World Group in 2022, through green tariffs, self-generation, and certificates of origin.
- On track to surpass 60% renewable electricity supply in 2023.
- Achieved 100% renewable electricity supply at operations in Netherlands, Belgium, Germany, Serbia, Brazil, Ecuador, Chile and Dry Docks World in the UAE.
Equipment efficiency
Equipment efficiency
- Started collecting detailed Overall Equipment Effectiveness (OEE) metrics data for all terminals, logistics and marine divisions to locate inefficiencies contributing to high carbon intensity operations.
- OEE targets will be used to drive energy savings within operations.
CLIMATE CHANGE & WATER
The climate crisis is a water crisis. We feel its impacts through floods, rising sea levels, and other extreme weather events. We are committed to improve inclusivity and access to clean water, restoring ocean health, and protecting biodiversity to lead trade to a more sustainable future.
CLIMATE CHANGE & EDUCATION
We want to make sure no one gets left behind as the world transitions, and strongly believe everyone should have access to quality education, irrespective of their gender. Aligning to SDG 4 and 5, we are building the necessary skills and experience for all communities.
PARTNERSHIPS
Maersk-McKinney Moller Center
Working with the Maersk-McKinney Moller Center, we seek to identify and scale solutions to decarbonise the maritime industry.
UN Global Compact
In early 2022, we joined the UNGC Ocean Stewardship Coalition and committed to the UNGC’s Sustainable Ocean Principles.
Blue Marine Foundation
We work with the Blue Marine Foundation to assess and identify methods to develop a Blue Carbon market.
Climate Tribe
As the Global Impact Partner for Climate Tribe, we help drive storytelling and community engagement to inspire greater climate action.
FEATURED INSIGHTS
Climate proofing the supply chain
We examine three climate scenarios, assessing the potential impact of weather hazards across 50 ports and terminals in our global portfolio.
Read More
Bringing Climate Innovations in Finance and Trade to Life
Decarbonisation requires new alliances and networks to unlock financing and reinvent trade
Read More
Changing the perception of water
Water is crucial for life on Earth and vital for our well-being. Businesses, including ours, can play a significant role in changing how water is used.
Read More