ACT announces launch of its decarbonisation plan
ACT announces launch of its decarbonisation plan
11-08-2022 12:42 PM
Ammon News - Aqaba Container Terminal (ACT) has announced the launch of its comprehensive decarbonisation strategy, which is set to reduce its carbon footprint to net-zero by 2040.
ACT, in a statement, said it is committed to leading the industry in reducing its greenhouse gas emissions: Between 2020 and 2030, the terminal aims to reduce its total emissions by 70 per cent. The company’s long-term target is to reach net-zero emissions by 2040.
This objective is being supported by a high-level CAPEX investment plan that will devote more than $50 million over 20 years towards decarbonisation projects. This plan is divided into four major initiatives: $2 million will go toward energy optimisation; $29 million will be allocated to the green premium on electrified equipment, including electrical chargers; $12 million will be earmarked for associated civil works; and $8 million will be invested in the expansion of on-site solar installations.
ACT CEO Soren Jensen said: “ACT’s transition to a low-carbon economy in Jordan requires a broad-based, collective effort from all industries. At ACT, we are committed to doing our part and creating a clear path forward for Jordan’s logistics and transportation industry to embrace a carbon-neutral future.”
“By directly leveraging the innovations and best practices adopted by our mother companies, Maersk and APM Terminal, ACT has created a clear roadmap to decarbonise all our activities by 2040. We look forward to putting this plan into action, in collaboration with our clients and partners in Jordan and around the world,” Jensen said in the statement.
Jensen added that decarbonisation is becoming an increasingly important criterion for customers, and that, in the future, it is likely that carbon neutrality will become an essential criterion for doing business in the logistics and transport sector. By being ahead of the curve, ACT can substantially improve its competitiveness on both a regional and global scale.
“ACT sees decarbonisation as a commitment not only to its customers, but to society at large. Reducing carbon emissions will not only support Jordan’s 2030 Vision but will also support a transition towards a greener market economy and the creation of new job opportunities,” read the statement.