Dubai-based logistics company DP World has announced the validation of its ambitious climate commitments by the Science Based Targets initiative (SBTi). The SBTi is a leading authority in advancing private sector efforts to reduce greenhouse gas (GHG) emissions and mitigate the impacts of climate change.
In a statement, DP World outlined its plans to reduce its scope 1 GHG emissions by 42 percent by 2030, using 2022 as the base year. Additionally, the company has committed to a 62.2 percent reduction in scope 2 GHG emissions and a 28 percent reduction in absolute scope 3 GHG emissions within the same timeframe.
DP World has made notable progress in its sustainability strategy in recent years, reporting a 13 percent reduction in emissions since the 2022 base year. The new 42 percent reduction target and increased commitments on scope 3 emissions build upon these achievements.
Commitment to net-zero emissions
Sultan Ahmed bin Sulayem, group chairman and chief executive officer of DP World, conveyed the company’s resolute commitment to steering the supply chain industry towards a more sustainable and optimized future, with the overarching aim of attaining net-zero emissions by 2050. He further asserted that the validation from the Science Based Targets initiative (SBTi) reaffirms the robustness and aspiration of DP World’s plans, as the company continues to be steadfastly dedicated to spearheading the industry’s unification towards a brighter tomorrow.
Driving progress in decarbonization
Moreover, Piotr Konopka, group vice president of Global Decarbonisation & Energy at DP World, expressed delight in the SBTi validation. He emphasized that the company will continue to drive progress in various areas, including equipment electrification, renewable energy, efficiency, and the adoption of low-carbon fuels. Furthermore, Konopka highlighted DP World’s commitment to fostering increased collaboration through industry-wide initiatives, such as the development of green trade corridors and portside electrification, as seen with the company’s involvement in the Zero Emissions Port Alliance.
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