Aqaba Container Terminal (ACT) has announced the launch of its comprehensive decarbonization strategy, which is set to reduce its carbon footprint to net zero by 2040.
CT is committed to reducing its greenhouse gas emissions. For this reason, between 2020 and 2030, the terminal aims to reduce its total emissions by 70%. The company’s long-term target is to reach net-zero emissions by 2040.
This objective is being supported by a high-level CAPEX plan that will devote more than USD50 million in incremental investments over the next 20 years toward decarbonization projects.
This plan is divided into four major initiatives: energy optimization, civil work, expansion of on-site solar installations, and a green premium on electrified equipment, including electrical chargers.
ACT CEO Soren Jensen commented on the announcement, saying:
By directly leveraging the innovations and best practices adopted by our mother companies, Maersk and APM Terminals, ACT has created a clear roadmap to decarbonize all our activities by 2040
Mr. Jensen added that decarbonization is becoming an increasingly important criteria for customers, and that, in the future, it is likely that carbon neutrality will become an essential criteria for doing business in the logistics and transportation sector.
Reducing carbon emissions will not only support Jordan’s 2030 Vision but will also support a transition towards a greener market economy and the creation of new job opportunities.