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Hapag-Lloyd plans 20% reduction in CO2 emissions by 2020

First Sustainability Report published / Already achieved 46 percent reduction between 2007 and 2016 / Hapag-Lloyd explicitly endorses 50 percent reduction in CO2 emission in the global shipping industry by 2050

Today, as the world celebrates “Earth Day,” Hapag-Lloyd is publishing the company’s first sustainability report ever. Within the report, the shipping company is announcing for the first time the climate goal it has set for itself: By 2020, Hapag-Lloyd intends to achieve a 20 percent reduction in CO2 emissions per TEU-kilometer (compared to 2016). Hapag-Lloyd has already succeeded in significantly lowering its CO2 emissions in the past. For example, between 2007 and 2016, the specific CO2 emissions of its fleet were reduced by 46 percent.

“We have deliberately set a very ambitious goal for ourselves in terms of CO2 emissions because we view sustainability as self-evident, active involvement rather than lip service. Hapag-Lloyd numbers among the leaders in the container shipping sector when it comes to sustainability. Time and again, our involvement far exceeds the measures required by law,” said Jörg Erdmann, Senior Director of Sustainability Management at Hapag-Lloyd. “For example, we are one of the few global shipping companies that recycle its container ships in an environmentally friendly manner in specifically certified shipyards – even if this entails additional costs.”

In addition, Hapag-Lloyd expressly endorses the April 13 decision of the International Maritime Organization (IMO) to halve the CO2 emissions caused by the international shipping industry by 2050.

“We think the strategy put forward by the IMO to decrease the greenhouse gas emissions from shipping is excellent,” said Rolf Habben Jansen, CEO of Hapag-Lloyd AG. “What matters now is for all market players to pull together in the same direction. Hapag-Lloyd will do everything within its power to contribute to achieving this goal.”

The Sustainability Report can now be downloaded.

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About Hapag-Lloyd
With a fleet of 219 modern container ships and a total transport capacity of 1.6 million TEU, Hapag-Lloyd is one of the world's leading liner shipping companies. The Company has around 12,500 employees and over 380 offices in 125 countries. Hapag-Lloyd has a container capacity of 2.3 million TEU – including one of the largest and most modern fleets of reefer containers. A total of 120 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents. Hapag-Lloyd is one of the leading operators in the Transatlantic, Middle East, Latin America and Intra-America trades.  

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