Hapag-Lloyd publishes second sustainability report

[ May 8, 2019   //   ]

Ninety percent of all goods traded worldwide are transported by ship. With its 227 vessels, Hapag-Lloyd transports approximately 12 million containers per year. Container shipping thereby makes a significant contribution to a well-functioning global trade net-work. As one of the largest liner shipping companies, Hapag-Lloyd bears a special responsibility for the environment, for its customers and shareholders, and for its employees.
The current sustainability report, titled “Gathering Pace Together”, also includes the legally required non-financial report. As part of the reporting, the reader gains insight into the broad spectrum of Hapag-Lloyd’s sustainability-related activities, which deal with topics such as combating corruption, employee training and data protection.
Furthermore, Hapag-Lloyd presents its environmental sustainability management and formulates ambitious targets for the years ahead. “In 2018, we were once again able to reduce the fuel consumption of our global fleet through efficiency measures. We have also lowered our specific emissions. This puts us on track to achieve our target of a 20 percent reduction by 2020,” says Jörg Erdmann, Senior Director Sustainability Management.
Another important point is the International Maritime Organization’s global fuel regulation IMO2020. This regulation, which will enter into force on Jan. 1, 2020, will lower the cap for sulphur content in marine fuels from 3.5 to 0.5%.
“The new regulation is an important step on the way to lower-emission shipping,” Erdmann adds. “Even though the switch to low-sulphur fuels will entail significant costs, we are convinced that this directive is necessary. And we are prepared, as our fleet will operate using compliant fuels by Jan. 1, 2020. In addition, we are testing other options, and Hapag-Lloyd will be the first shipping company to convert a large container ship to climate-friendly liquefied natural gas.”
For this year’s sustainability report, Hapag-Lloyd incorporated the Sustainable Development Goals (SDGs) of the United Nations for the first time. The SDGs consider all three dimensions of sustainability – the economy, the environment and social commitment – and help companies to design their business processes to be sustainable over the long term. Hapag-Lloyd’s activities contribute to 6 of the 17 overall goals. For ex-ample, measures aimed at optimizing the structure of the fleet have contributed to lower fuel consumption and thereby contributed to the goal of climate protection.