In line with its sustainability objectives and initiatives on reduction of Scope 3 greenhouse gas emission in ocean trade, Tata Steel joined the Sea Cargo Charter on September 3, 2021. Tata Steel becomes the first steel producing signatory of the Sea Cargo Charter. The Company is the 24th organisation to join the association working to reduce environmental impacts of global seaborne cargo. Tata Steel Vice President Supply Chain Mr Peeyush Gupta said “With our seaborne global volume in excess of 40 million tonnes per annum, this is a decisive step in the direction to measure correctly and mitigate efficiently & innovatively.”The Sea Cargo Charter is a global framework for assessing and disclosing the climate alignment of chartering activities. It establishes a common, global baseline to quantitatively assess and disclose whether chartering activities are in line with climate goals set by UN maritime agency, the International Maritime Organization. The IMO’s Initial GHG Strategy prescribes to reduce the total annual GHG emissions generated by shipping activity by at least 50% of 2008 levels by 2050, whilst pursuing efforts towards phasing them out as soon as possible in this century.Launched in October 2020, there are currently 24 Signatories standing behind this initiative.⦁ ADM (Food Processor)⦁ Anglo American (Miner)⦁ Bunge (Agribusiness)⦁ Cargill Ocean Transportation (Shipping)⦁ COFCO International (Agribusiness)⦁ Diamond Bulk Carriers (Shipping)⦁ Dow (Chemical)⦁ Eagle Bulk (Shipping)⦁ Enviva (Wood)⦁ Equinor (Oil & Gas)⦁ Gunvor Group (Commodity Trading)⦁ Holcim Trading (Cement)⦁ Klaveness Combination Carriers (Shipping)⦁ Louis Dreyfus Company Gas)⦁ Gunvor Group (Commodity Trading)⦁ Maersk Tankers (Shipping)⦁ Norden (Shipping)⦁ Nova Marine Carriers (Shipping)⦁ NYK Bulkship (Atlantic) NV (Shipping)⦁ Ørsted (Energy)⦁ Shell (Oil & Gas)⦁ Tata Steel Group (Steel)⦁ Torvald Klaveness (Shipping)⦁ TotalEnergies (Oil & Gas)⦁ Trafigura (Commodity Trading)
In line with its sustainability objectives and initiatives on reduction of Scope 3 greenhouse gas emission in ocean trade, Tata Steel joined the Sea Cargo Charter on September 3, 2021. Tata Steel becomes the first steel producing signatory of the Sea Cargo Charter. The Company is the 24th organisation to join the association working to reduce environmental impacts of global seaborne cargo. Tata Steel Vice President Supply Chain Mr Peeyush Gupta said “With our seaborne global volume in excess of 40 million tonnes per annum, this is a decisive step in the direction to measure correctly and mitigate efficiently & innovatively.”The Sea Cargo Charter is a global framework for assessing and disclosing the climate alignment of chartering activities. It establishes a common, global baseline to quantitatively assess and disclose whether chartering activities are in line with climate goals set by UN maritime agency, the International Maritime Organization. The IMO’s Initial GHG Strategy prescribes to reduce the total annual GHG emissions generated by shipping activity by at least 50% of 2008 levels by 2050, whilst pursuing efforts towards phasing them out as soon as possible in this century.Launched in October 2020, there are currently 24 Signatories standing behind this initiative.⦁ ADM (Food Processor)⦁ Anglo American (Miner)⦁ Bunge (Agribusiness)⦁ Cargill Ocean Transportation (Shipping)⦁ COFCO International (Agribusiness)⦁ Diamond Bulk Carriers (Shipping)⦁ Dow (Chemical)⦁ Eagle Bulk (Shipping)⦁ Enviva (Wood)⦁ Equinor (Oil & Gas)⦁ Gunvor Group (Commodity Trading)⦁ Holcim Trading (Cement)⦁ Klaveness Combination Carriers (Shipping)⦁ Louis Dreyfus Company Gas)⦁ Gunvor Group (Commodity Trading)⦁ Maersk Tankers (Shipping)⦁ Norden (Shipping)⦁ Nova Marine Carriers (Shipping)⦁ NYK Bulkship (Atlantic) NV (Shipping)⦁ Ørsted (Energy)⦁ Shell (Oil & Gas)⦁ Tata Steel Group (Steel)⦁ Torvald Klaveness (Shipping)⦁ TotalEnergies (Oil & Gas)⦁ Trafigura (Commodity Trading)
