Shipping Making Progress Towards Sustainability
By Aiswarya Lakshmi
Wednesday, February 24, 2016
The Sustainable Shipping Initiative (SSI) is calling on the wider industry to embrace new finance models to fund clean tech upgrades and back calls for a new international framework for tackling shipping emissions.
SSI has announced the release of the organization's latest annual report - the document suggests that while there are significant short-term challenges around International Maritime Organisation (IMO) and COP 21 meeting requirements, progress is happening.
SSI, which represents 17 firms from across the shipping sector including Bunge, Cargill, Maersk Line, ABN AMRO, Lloyd's Register, and AkzoNobel, today published its annual progress report, detailing its work to accelerate the roll out of clean technologies, promote sustainable ship recycling practices, and make the shipping industry a more attractive employer.
"There is no room for complacency, and we must be under no illusion of the significant challenges that lie ahead. But we have shown that when organisations within the industry come together to make a difference and drive more sustainable behaviours great things can be achieved," said Alastair Fischbacher, chief executive officer of the SSI, commenting on the release of the report.
The Progress Report details the key achievements, as well as the significant body of work that has been conducted by SSI members to actively engage with, drive debate and inspire change within shipping. This is in conjunction to a number of key initiatives that have been led, and implemented by SSI members to deliver tangible solutions to make shipping a more sustainable and prosperous industry by 2040.
The development of a Roadmap – to be launched in Q1 2016 – a ‘live’ tool that sets out the key milestones and critical areas that must be addressed to chart a path to success by 2040.