As part of its Journey to Net Zero, MSC has been using blended biofuels to propel its ships. Now, the company uses its MSC Biofuel Solution to help its customers meet CO2 emission reduction goals through a new carbon insetting programme.
SC’s goal is to reach net zero CO2 emissions by 2050, and as the company says, it has made good progress in improving the energy efficiency of its fleet, recording a relative decline in CO2 emissions of more than 40% since 2008.
As part of its Journey to Net Zero, MSC has adopted sustainable biofuel as a transition fuel in our ocean operations. In addition, the MSC Biofuel Solution, available at selected world ports, offers customers the opportunity to join forces with MSC to decarbonise their supply chains and achieve their climate targets.
This solution is our first carbon insetting programme, through which we use biofuel to reduce the carbon footprint of our customers’ supply chains as well as across our own operations, while accelerating the global energy transition and our industry’s decarbonisation
More specifically, MSC procures and bunkers low-carbon certified sustainable biofuel, derived from sources such as used cooking oil. This biofuel comes as a blend with conventional marine oil and its biocomponent can reduce CO2 emissions by 90%.
Benefits at a glance
- Customers benefit from CO2 savings throughout their supply chain (Scope 3 CO2 emissions).
- Customers receive an MSC-issued Retirement Certificate stating the CO2 savings achieved, accompanied by documentation including Proof of Sustainability for the bunkered biofuel as well as an external verification statement for the carbon insetting process.
- MSC’s insetting programme reduces emissions through CO2 savings achieved within our own value chain.
By adopting low-carbon fuels, we’re playing an enabling role in the energy transition while also reducing the emissions of our own operations. Customers can also achieve a reduction in emissions in their supply chains by taking part in our carbon insetting programme
said Dimitri Ruggiero, Global Accounts Vice President.