International Container Terminal Services (ICTSI) launches the Climate Change Action Initiative to promote decarbonization and contribute to global efforts in addressing climate change.
According to ICTSI, the initiative will develop a roadmap to set decarbonization targets for the entire ICTSI Group to include all terminals, covering Scope 1 – direct emissions and Scope 2 – indirect emissions from generation of purchased electricity.
Did you know?
Scope emissions describe the categorisation of greenhouse gas (GHG) emissions into groups to facilitate universal international accounting and reporting. There are four distinct groups:
- Scope 1: Direct emissions are greenhouse gas (GHG) emissions from the sources that are owned or controlled by the reporting entity
- Scope 2: Or indirect emissions are greenhouse gas emissions specifically from the generation of purchased or acquired electricity, steam, heat, or cooling consumed by the reporting entity
- Scope 3: Refers to all indirect greenhouse gas emissions from all sources whether upstream or downstream of a value chain and which are not owned or controlled by the reporting entity directly
- Outside of scopes: The emissions are labelled “outside of scopes” because the scope 1 impact of the carbon dioxide (CO2) released through these fuels has been determined to be net zero.
ICTSI will announce a decarbonization target for Scope 1 and 2 by the end of 2023. Furthermore, ICTSI is working towards accounting for the full GHG emissions footprint of the entire value chain including Scope 3 emissions. An inventory is expected to be established by 2025, followed by a review of relevant targets.
To ensure a credible decarbonization strategy, ICTSI has appointed an internal team led by Nathan Clarke, vice president and head of Global Engineering – Infrastructure and Project Delivery.
Additionally, the services of Jacobs Solutions, a leading international consulting firm, have been engaged to provide an accurate view of emissions across ICTSI terminals and develop a tangible roadmap for emission reductions.
The collaboration aims to establish a GHG emissions baseline, develop plans for reducing GHG emissions, set targets and create a framework to monitor performance.
Through the launch of our Climate Change Action Initiative, we are demonstrating our commitment to a sustainable future. ICTSI aims to contribute significantly in the global efforts towards a greener and more resilient world.
… said Christian R. Gonzalez, ICTSI executive vice president, compliance officer and chief sustainability officer
