At the end of 2021, we presented our sustainability strategy for the next 10 years. It has three areas of focus:
In the past few years, we have already been able to reach some key milestones on the path towards a more sustainable shipping industry. We now want to meet the challenges of the next few years with our comprehensive sustainability strategy and even more ambitious objectives.
We highlight our focus on decarbonisation as a core pillar of strategy 2030.
Sustainability Driver: Fully embracing to environmental responsibility and contributing to keeping global warming within the 1.5°C target of the Paris Agreement, Hapag-Lloyd is committed to reducing absolute greenhouse gas emissions by around one third by 2030 and achieving net-zero fleet operations by 2045. This will be achieved through a range of measures, including fleet modernisation, new propulsion technologies, and the use of alternative fuels.
Our Sustainability Policy expresses our commitment to protecting the environment, providing the highest service quality, achieving a satisfactory return on capital, and ensuring the safety and well-being of our employees.
We are also committed to the sustainable recycling of our ships in accordance with our Ship Recycling Policy.
The Hapag-Lloyd Statement on Modern Slavery sets out the steps we have taken to prevent modern slavery and human trafficking in our business and supply chains. It complies with the requirements of Section 54 of the UK Modern Slavery Act 2015 and the Australian Commonwealth Modern Slavery Act 2018. It should be regarded as complementary to the Hapag-Lloyd Global Code of Ethics.
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