TCI Fund Management seeks climate action from CP and CN

TCI Chris Hohn seeks climate action from CN and CP.

CN (NYSE: CNI) and Canadian Pacific (NYSE: CP) shareholder TCI Fund Management Ltd, has asked both railways to lay out climate action plans at their annual general meetings in 2021. 

TCI has a 2.93% stake in CN and is CP’s largest shareholder with an 8.31% stake.

TCI has an extensive environmental, social and governance (ESG) investment policy regarding climate change. In the proposal sent last week, Christopher Hohn, TCI founder and portfolio manager, asked that the railways establish climate...

https://s29755.pcdn.co/news/tci-fund-management-seeks-climate-action-from-cp-and-cn

5 maritime sustainability trends for 2021

Shipping aims for more environmental sustainability.

According to the Environmental Defense Fund (EDF), “ships transport roughly 90% of world trade and account for 3% of global greenhouse gas emissions.” The International Maritime Organization (IMO) is having a large impact on sustainable operations for ocean freight. Here are five environmental sustainability trends coming in 2021.

Potential decarbonization and ETS

The Marine Environment Protection Committee (MEPC) met last week to discuss the new IMO short-term draft amendments that would require...

https://www.freightwaves.com/news/5-maritime-sustainability-trends-for-2021

5 rail sustainability trends for 2021

Rail is trending in a sustainable direction.

Rail is the lowest-emitting mode of freight per ton mile. This infographic shows that rail is only responsible for 6% of logistics-related greenhouse gas (GHG) emissions. Rail emits 23 grams of CO2 per ton-mile compared to trucking, which is at 202. Here’s how environmental sustainability trends in rail freight are looking for 2021.

Leveraging automation for optimal efficiency

New technologies and increased automation provide railroads with useful data and improved fuel efficiency. The Internet...

https://s29755.pcdn.co/news/5-rail-sustainability-trends-for-2021

5 trucking sustainability trends for 2021

5 sustainability trends for 2021 in the trucking industry.

According to an International Transport Forum (ITF) report, freight accounts for 7% of total global CO2 emissions, with trucking being the largest contributor. As the world faces more effects of climate change every day, the trucking industry is driving toward a greener, more efficient future.

Alternative fuel vehicles (AFVs)

The deployment of AFVs — including electric, hydrogen-electric and renewable natural gas (RNG) — is on the rise. The Alternative Fuels Data Center (AFDC) said electric...

https://www.freightwaves.com/news/5-trucking-sustainability-trends-for-2021

Today is World Maritime Day 2020

Pictured: an artist’s impression of the Earth floating in space. “Shipping activities must be balanced with Safety of Life at Sea and the long-term health and diversity of the oceans. A major part of IMO’s role is to ensure that shipping continues to make its contribution to the global economy without upsetting nature’s delicate balance,” says IMO Secretary General, Kitack-Lim.
Graphic: PIRO4D from Pixabay.

Today, 24 September, is World Maritime Day.

Today is a day to think about the benefits...

https://shippingaustralia.com.au/wmd2020sustainableshipping/

How To Recycle Ships in A Safe and Sustainable Manner?

Victim carried across beach on stretcher, large ship in background with smoke.
  • International Labour Organisation said shipbreaking is among the most dangerous jobs in the world.
  • It causes unacceptably high levels of fatalities, injuries, and work-related diseases.
  • Valuable materials such as steel, iron, aluminum, and plastics are extracted for recycling.
  • South Asian countries of India, Bangladesh, and Pakistan are hotspots for recycling.
  • Beaching is the most popular method for recycling.

According to an article published in The Conversation and authored by Olalekan...

https://mfame.guru/how-to-recycle-ships-in-a-safe-and-sustainable-manner/

Recent initiatives have increased safety offshore, BSEE director says

Bureau of Safety and Environmental Enforcement (BSEE) Director Scott Angelle met with staff and offshore energy representatives at key meetings in the Gulf of Mexico region recently to underscore the importance of safe and environmentally sustainable operations. He delivered remarks at both the International Association of Drilling Contractors (IADC) Well Control Conference in Galveston, Texas and the Deepwater Technical Symposium in New Orleans.

“The Bureau has heard what our stakeholders were...

https://www.workboat.com/news/offshore/recent-initiatives-have-increased-safety-offshore-bsee-director-says/

Daniela Fernandez, Founder & CEO, Sustainable Ocean Alliance

Attending the Opening Oceans Conference, which creates a roadmap for maritime business leaders to explore the new ocean economy options, discover synergies with their existing businesses, meet investment and gateway partners and make profitable strategic decisions, in Copenhagen early May 2018, I met Daniela Fernandez, a passionate young woman who wants to engage young people in innovation, change and new ideas about how to use the Ocean space. Daniela is the Founder & CEO of the Sustainable...

https://shippingpodcast.com/daniela-fernandez-founder-ceo-sustainable-ocean-alliance/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon