Shipping Industry and Supply Chain Leaders Showcase Commitment to Climate Action Ahead of Crucial Negotiations
Leaders from the global shipping industry are demonstrating their commitment to aligning their businesses with climate goals ahead of the upcoming International Maritime Organization (IMO) negotiations. With shipping currently responsible for approximately 3% of global emissions, reducing greenhouse gas emissions from the sector is essential for addressing climate change. Companies are setting science-based targets aligned with the 1.5°C temperature goal and aiming for net-zero emissions by 2050 while urging governments to work with the IMO to establish ambitious decarbonization goals. The involvement of shipping actors is seen as crucial in transitioning the industry into a climate leader and achieving the targets set forth in the Paris Agreement.
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