Cargill cuts CO2 emissions from shipping fleet in green push

(Reuters News, 12 Jun 2019) Cargill cut CO2 output per cargo-tonne-mile by 12% in 2018 compared with 2016 baseline, putting it on course to achieve a reduction of 15% by 2020.

Cargill reduced CO2 emissions from its chartered shipping fleet by 350,000 tonnes last year as part of efforts to scale back its carbon footprint at sea, the food and agriculture group said.

The international shipping industry accounts for about 2% of global emissions of carbon dioxide (CO2), the main greenhouse gas blamed for global warming.

Cargill, the largest privately-held U.S. company, is among commercial firms pushing for greener shipping. In 2018 the company transported 226 million tonnes of cargo.

In its annual corporate responsibility report, Cargill said this week it had cut CO2 output per cargo-tonne-mile by 12.1% in 2018 compared with its 2016 baseline, putting them on course to achieve goal of 15% reductions in 2020.

Its annual output was fell to 7.382 million tonnes of CO2 in 2018 from 7.732 million tonnes in 2017.

Cargo tonne miles is a key shipping indicator, measuring the volume of goods transported multiplied by distance travelled.

External link

Reuters News, 12 Jun 2019: Cargill cuts CO2 emissions from shipping fleet in green push