20% less CO2 per ocean container by 2020: DB Schenker and Maersk Line sign partnership agreement
New Delhi, Jan 22 (IBNS): DB Schenker Logistics and Maersk Line have signed a six-year strategic agreement on reducing CO2 emissions from ocean freight.
The partnership emphasizes the companies' shared commitment to sustainable growth.
Maersk Line will undertake to reduce the CO2 emissions of every container it ships on behalf of DB Schenker Logistics between now and 2020 by 20% compared to 2014 levels.
"This is the first agreement between a global logistics services provider and a container shipping company," says Karl-Friedrich Rausch, Chief Sustainability Officer of Deutsche Bahn AG and Management Board Member for Transportation and Logistics at DB Mobility Logistics AG.
"Maersk Line is an important partner for us. Together, we will increase our freight volumes and share responsibility for protecting the climate. The agreement is a milestone because we are incorporating aspects of sustainability into our business relationships," he said.
The objective of the six-year agreement is to fuel customers' interest in sustainable ocean freight on the market by bringing aspects of sustainability into business decision-making processes.
Maersk Line is DB Schenker's preferred partner because Maersk Line invests in state-of-the-art fuel efficient ships and because its service network and ship operation is optimized to meet the highest standards, which reduces polluting emissions overall. In addition, Maersk Line can break down the environmental improvements per container transported.
"The partnership encourages greater transparency on sustainable container transportation which can drive significant sustainability improvements in the industry," says Vincent Clerc, Chief Trade and Marketing Officer in Maersk Line. "By integrating sustainability elements into the purchasing decisions, we jointly strive to change the procurement process in container shipping fundamentally."
Top Headlines
-
News
Donald Trump picks 'smart and tough' Pam Bondi as new US Attorney General after Matt Gaetz withdraws
November 22, 2024
-
News
Baba Siddique murder case: Arrested Akashdeep Gill used a labourer's hotspot to evade tracking, say police
November 22, 2024
-
News
Canadian government denies media report that claims PM Modi knew of Khalistani leader Nijjar's killing
November 22, 2024
-
News
Pakistan: 42 Shiites die after gunmen open fire on vehicle in Kurram
November 22, 2024
-
News
PE firm TA Associates' strategic investment in VeeHealthtek
November 19, 2024
-
News
Manipur unrest: Civil society sets 24-hr deadline for BJP MLAs to take 'decisive action'
November 19, 2024
-
News
Delhi chokes as air quality remains in 'severe plus' category amid curb on several daily activities
November 19, 2024
-
News
Keir Starmer meets Narendra Modi in Brazil, announces relaunch of UK-India free trade agreement talks
November 19, 2024
-
News
Tirumala trust asks non-Hindu staffers to retire or opt for transfer
November 19, 2024
-
News
Manipur's unabated violence kills 1 more in Jiribam, Amit Shah schedules meeting today
November 18, 2024