Climate Change
Together, making zero carbon shipping a reality
Cargill has become one of the leaders in the decarbonization efforts of the shipping industry. We are more committed than ever, to play our role in transforming the industry and making zero carbon shipping a reality.
The industry faces its biggest challenge to meet the International Maritime Organization’s (IMO) decarbonization targets, which include a 50 per cent reduction in GHG emission by 2050.
Decarbonizing shipping is not a linear process, and neither is Cargills’ approach to toward these 2050 industry targets, with short-, medium- and long-term goals. We recognise that our greatest impact is as a catalyst for positive change and we aim to use our position at the center of the global value chain to accelerate the transition to zero-carbon shipping.
Cargill is investing right now in the real-world adoption of low-carbon shipping technologies. We are leading the way with the first methanol-fueled vessels and first vessels with wind-assisted propulsion to enter commercial service, we are also deploying “drop-in” biofuels on one of the world’s busiest shipping routes, and collaborating to create the first “green corridors”. We can, and already are, reducing emmissions by using today’s available technologies.
By taking advantage of our industry know-how and global relationships we are helping fleet owners and our customers decarbonize. We’re working with ship owners to lower their vessel emissions through vessel technology enhancements and helping them finance these enhancements. We're sharing non-technological measures with partners and we’re help our customers meet their sustainability targets by offering a growing list of low-carbon shipping options to fit their specific commercial needs.
Find out more about Cargill’s decarbonization journey in shipping in our below reports: