In brief, carbon offsetting involves compensating for emissions by supporting external projects, while carbon capture is about capturing and managing emissions directly from your own operations. Both approaches play a role in reducing a company's overall carbon impact, but they target emissions at different stages of the carbon lifecycle.
What are Science Based Targets?
22/03/2024
Science-based targets initiative (SBTi) are specific, measurable goals that organizations set to reduce their greenhouse gas emissions in alignment with the latest climate science and the global effort to limit global warming. These targets are designed to ensure that emission reduction efforts are consistent with the goals of the Paris Agreement.
How to reach net zero emissions
22/03/2024
As nations around the globe ramp up action their against climate change and move their economies towards net-zero greenhouse gas (GHG) emissions, new practices, opportunities and indeed challenges are likely to arise for their respective ports and logistics operations. However, every journey will be unique, knowing what to consider and where to start will be starkly different for a freight forwarder versus a port or container terminal.
The benefits of electric tug boats
15/03/2024
Port of Auckland brought the world’s first fully electric harbour tug “Sparky” into operation in 2022, following a lengthily research process that commenced back in 2016. At the outset of the process, all ship yards and naval architects approached were of the opinion that a fully electric tug was still many years away from becoming a reality.
Steps to prevent persistent wildlife crime
06/03/2024
Wildlife crime is a topic TT has profiled before, but remains a critical threat to biodiversity, local and national economies, national and international security, and global health. The global pandemic itself highlighted emerging infectious diseases, 60% of which are considered zoonotic, that is infectious diseases that are able to pass between animals and humans, and elevated discussions around the impact of wildlife crime and unregulated trade.
The global logistics and transport industry is facing unprecedented challenges in achieving material carbon emissions reduction.
APM Terminals' port system in Vado Ligure comprises two integrated terminals: the existing Reefer Terminal and the newly established Vado Gateway, which operates semi-automated facilities. Positioned strategically, the Vado Port System provides efficient access to central and northern European markets such as Switzerland, Germany, France, and various regions in Northern Italy.
The importance of culture within an organisation, particularly where safety is concerned cannot be underestimated.
As pressure continues to build for companies globally to further develop ESG strategies and positive impact, it is common for businesses to consider partnering with charities to help achieve some of their ESG goals.
How can carbon credits help you?
08/02/2024
Carbon credits are seen by several organisations as a crucial element towards achieving global net zero emissions by 2050, but despite earning a billion-dollar valuation from global companies, carbon credits have long struggled to inspire confidence. Some environmental groups approach carbon markets with scepticism, claiming that they allow companies to appear as though they are leading on climate action, when in fact they are not. In fact, the Science Based Targets initiative (SBTi) does not allow achieving short-term carbon reduction targets using carbon credits and by 2050 only up to 10% is allowed to be achieved through removal credits. Recently, the European Union also banned advertising of products and services as “carbon neutral” if the neutrality was achieved using carbon credits.
TT Club longtime Member PD Ports are a UK ports and logistics business with 12 sites across England ranging from Hartlepool in the North to the Isle of Wight in the South, and is part of the Canadian company Brookfield Asset Management Inc. $600 billion portfolio, which extends to over 30 countries across the globe.