Search Anglo American aims for carbon neutral shipping by 2040 About us Our stories Anglo American aims for carbon neutral shipping by 2040 SHARE Back to our stories 05 Nov, 2021 At Anglo American, we have set an ambition to achieve carbon neutrality across our controlled ocean freight activities by 2040, with an interim 30% reduction in emissions by 2030. Peter Whitcutt, CEO of Anglo American’s Marketing business, said: “Connecting our customers with the metals and minerals they need in a way that is safe, efficient and sustainable is a key priority for us, so our ambition for carbon neutral controlled ocean freight is a natural extension of our commitment to be carbon neutral across our mining operations by 2040. “Since establishing our shipping desk in 2012, we have built a diverse portfolio and today we transport more than 70 million tonnes of dry bulk products per year to our customers around the world. We are committed to playing an active role in accelerating the transition to a more sustainable shipping sector, a crucial component in our efforts to extend our positive impact beyond our mine sites. This ambition further cements that commitment and will help us shape a clearer path towards decarbonisation.” This ambition is aligned with the goals of our Sustainable Mining Plan, which include achieving carbon-neutral mining operations by 2040 and an ambition to reduce Scope 3 emissions by 50% by 2040. Taking action We are exploring a range of complementary measures to drive more sustainable operations, and will complement our actions with regular performance reporting. Vessel retrofits, the use of voyage optimisation software, and support for technology development to help enable the switch from conventional fuel oil to sustainable marine fuels, are all part of our efforts to decarbonise ocean freight activities. In 2020, we announced the introduction of LNG-fuelled Capesize+ vessels to our chartered fleet. The environmental benefits of using LNG - liquefied natural gas - include an estimated 35% reduction in carbon emissions compared to standard marine fuel, and the adoption of innovative technology to eliminate the release of unburnt methane, or so-called “methane slip”. We continue to work with industry partners to facilitate and accelerate the development of low-carbon and zero-carbon fuels. Recently, we conducted a successful trial using sustainable biofuel, converted from waste cooking oil from Singapore’s food and beverage industry, to power a chartered Capesize ship. We are also part of an industry consortium looking into the viability of green ammonia for maritime operations. We are also joining forces with Hydrogenious Maritime AS, a joint venture between Hydrogenious LOHC Technologies, a portfolio company of AP Ventures, and Johannes Østensjø dy AS, with the aim to collaborate to explore the use of emission-free liquid organic hydrogen carrier (LOHC)-based applications on our chartered fleet. Anglo American is a signatory of the Call to Action for Shipping Decarbonisation, asking governments to take decisive action to enable full decarbonisation of international shipping by 2050; a partner of the Global Maritime Forum; a founding signatory and an architect of the Sea Cargo Charter; and a signatory of the Getting to Zero Coalition, an alliance committed to getting commercially viable deep sea zero emission vessels powered by zero emission fuels into operation by 2030. THIS POST HAS BEEN TAGGED WITH ENVIRONMENT ZERO HARM DECARBONISATION RESPONSIBLE MINING SUSTAINABLE DEVELOPMENT SUSTAINABLE MINING PLAN FUTURESMART ENERGY Other stories you might like OUR STORIES REDUCING EMISSIONS THROUGH MARITIME BIOFUEL 29 June 2021 linked in Facebook Twitter e-mail OUR STORIES UNLOCKING SOUTH AFRICA’S WORLD-CLASS... 8 October 2021 linked in Facebook Twitter e-mail OUR STORIES ANGLO AMERICAN COMMISSIONS FIRST HYDROGEN... 27 August 2021 linked in Facebook Twitter e-mail Back to our stories 10 Dec 2021 Investor Update Investor calendar Our websites Australia Brazil Chile China Finland Peru South Africa Group Foundation Kumba Iron Ore Platinum Group Metals United Kingdom Sign up for alerts Be notified of any news, reports or updates straight to your email address Sign up and get the latest news Stay in touch Keep up to date on social media or contact us with any other information Facebook LinkedIn Twitter Instagram Flickr Slideshare YouTube Glassdoor Privacy policy Accessibility Terms and conditions Site map Cookie policy Cookies Settings YourVoice UK Modern Slavery Act Copyright © 2021 This site uses first and third party Necessary, Performance and Marketing cookies to enable basic functionality, add personalisation and understand how our site is used, and to show relevant advertisements. 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