Argentina’s TecPlata is Carbon Neutral

August 19, 2024

Source: ICTSI
Source: ICTSI

ICTSI’s Argentinian subsidiary TecPlata has become the first port in the country to obtain carbon neutral certification.

The company acquired carbon credits certified by Verra’s Verified Carbon Standard (VCS). These credits are linked to the Manantiales Behr Wind Farm project in Argentina and owned by YPF. The project involves the installation of wind turbines connected to the Argentine Interconnection System (SADI), which replaces electricity that would otherwise be generated by fossil fuel power plants.

The certification process followed the international standards set by the GHG Protocol and ISO14064-1, with support from Carbon Neutral+. It aligns with its broader sustainability initiatives, including waste management, efficient water use and emissions reduction.

TecPlata is the fifth terminal in the ICTSI Group to achieve carbon neutrality following Contecon Guayaquil in Ecuador, Contecon Manzanillo in Mexico, Rio Brasil Terminal and Tecon Suape in Brazil.

It supports ICTSI’s efforts to reduce GHG emissions from its operations (Scope 1) and purchased electricity (Scope 2) by 26% per container movement by 2030 (using 2021 as the baseline). This is a step toward achieving carbon neutrality for Scopes 1 and 2 by 2050.

In October 2008, TecPlata S.A. was granted a 30-year concession to build and operate an all-purpose port terminal in the greater Buenos Aires area in Argentina by the Consorcio de Gestion del Puerto La Plata.  Built with an investment of US$450 million, TecPlata is Argentina’s most modern container terminal with an initial capacity of 450,000 TEU and capable of being extended of up to 1 million TEUs in the second phase.

Logistics News

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Subscribe for Maritime Logistics Professional E‑News

China's Zhejiang Jiaao receives export license for sustainable aviation fuel
South Korea's NOFI purchases about 65,000 T of feed wheat, traders claim
Equinor anticipates a tight European summer gas supply