MSC Sets Clear Goal of Complete Net Decarbonisation by 2050
The world's largest liner MSC, has published its MSC’s 2022 Sustainability Report this week setting a clear goal of complete net decarbonisation by 2050, without relying on external offsetting.
The liner's focus is on exploring all solutions to accelerate the global energy transition, while ensuring that MSC’s fleet is ready to adopt zero-carbon fuels as they become available.
MSC continues investing in record-size, energy-efficient ships that mean lower CO2 emissions per container carried.
2022 saw MSC’s first LNG-powered ships entering service as a transition solution on its decarbonization pathway, and in 2023-26 it will welcome 95 new ships with the flexibility to operate using different fuels.
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MSC envisages a net zero future that will see shipping draw on a combination of fuels, and believes that bio and synthetic Liquefied Natural Gas (LNG), synthetic and bio-methanol and green ammonia may become fuel choices for larger ocean-going vessels.
MSC is also working hard on energy efficiency measures to progressively reduce its carbon intensity, modernising its current fleet, continuously upgrading the company’s infrastructure assets while also improving vessel performance and optimising all voyages.
Going beyond fuels and technologies, MSC strongly believes that its people – including research, development and technical teams as well as the seafarers working onboard MSC ships – are what will make decarbonization possible.
For this reason MSC continues its efforts engaging with others across the industry to support the training, upskilling and reskilling of its global workforce.
In addition to mitigating its environmental impact, MSC is also very clear about the importance of responding to the challenges of an ever-evolving and complex global landscape.
MSC’s focus remains on ensuring secure and reliable links to ports through intermodal solutions and logistics hubs to address today’s increasingly complex and fragmented supply chains.
A crucial part of its sustainability approach involves supporting remote and vulnerable economies – who often face higher shipping costs due to their dependency on imported goods – by removing trade barriers and helping communities maintain the market connections on which they depend.
The 2022 Sustainability Report shows how MSC’s Cargo Division is progressing along its sustainability journey.
The shipping and logistics industry has a key role to play in accelerating the net-zero transition and creating connections towards a more resilient and sustainable world.