Sustainability

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Oceans warm faster than expected, reach heat record in 2018

It is estimated that the oceans are warming faster in comparison to the past, setting a new record on temperature in 2018, resulting to damaging marine life. Measurements, run by an international network of 3.900 floats that are deployed in the oceans since 2000, revealed an increased warming since 1971, than what it was calculated by the UN assessment of climate change in 2013. 

EIB launches energy lending policy in support of EU’s targets

The European Investment Bank (EIB) launched a new public consultation on energy financing to better reflect energy industry trends and to enhance its support for the European Union’s 2030 energy and climate targets. The next three months, EIB will engage with stakeholders, including shareholders, industry associations, civil society and the private sector to develop a new energy lending policy that supports EU targets.

Port of Vancouver launches shore power project

Vancouver Fraser Port Authority has completed a shore power project to reduce greenhouse gas (GHG) emissions and air pollution by enabling ships to shut down their diesel engines and connect to an electrical grid supplied by renewable energy sources. The system was successfully commissioned and connected to the first ship in October.

Shell: The way forward for sustainability against climate change

In a recent interview, Ben van Beurden, CEO of Shell, shared the company’s sustainability goals for the future, including the ambition to reduce the net carbon footprint of the energy products it sells by 50% by 2050. Mr. Van Beurden noted that the organization is already making moves in these areas, but it needs to go much faster and much further.

New Zealand to build its first fully-electric ferry

New Zeland’s McKay announced in a statement that they are to develop and implement the country’s first plug-in fully electrical ferry along SSC Marine, which is planned to be built in Wellington.  According to the company, the ferry is the first of its king in New Zealand and also in the entire southern hemisphere.

Oslo awarded as 2019’s European Green Capital

Norwegian capital city Oslo officially began its year as the 2019 European Green Capital on December 4. Oslo, during its tenure as 2019 European Green Capital, is expected to act as an ambassador for sustainable urban developments, aiming to inspire other cities and Member States through exemplary implementation of progressive environmental policies. 

Abu Dhabi Ports to become polymer parks

KIZAD, which is an industrial zone and part of Abu Dhabi Ports, announced the launch of the KIZAD Polymers Park, which is expected to form an integral part of the UAE’s polymers conversion ecosystem. The new park will benefit Abu Dhabi’s positions as a development and innovative hub in sustainability and technology, including advanced polymer technologies such as composites and 3D printing.

How to set Science Based Targets for reducing footprint

An estimated total of 505 companies have set their Science Based Targets, under the global ‘Science Based Targets initiative’, launched in 2017 by the United Nations Global Compact, CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and one of the We Mean Business Coalition commitments.

AECO signs declaration to tackle illegal wildlife trade

AECO, an industry association aiming to manage responsible expedition cruise tourism in the Arctic, signed the Buenos Aires Declaration on December 7. This Declaration states that signatories cannot knowingly enable the carriage or sale of illegally traded wildlife products.

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