Voluntary Industry Shipping Restrictions
MCLI Recommendation: “All shipping companies should set GHG emissions reduction goals and work toward achieving them.”
LPDD Recommendation: “Companies with high shipping volumes (e.g., Walmart, IKEA, Nike) could impose supply chain requirements, such as only moving their goods on ships that meet a certain efficiency standard, use a low-carbon fuel, or slow steam.”
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5 resources
Clean Shipping Index
The Clean Shipping Index is an independent labelling system of vessels’ environmental performance, providing a practical tool for differentiating port- and fairway fees or choosing more sustainable sh...
Poseidon Principles
The Poseidon Principles establish a global framework for assessing and disclosing the climate alignment of ship finance portfolios through four main principles: assessment, accountability, enforcement...
Maersk’s Zero Carbon Efforts
Maersk, which operates the world’s largest fleet of container ships, set itself a goal of reducing emissions by 60% by 2020 over a 2007 baseline. In 2018, they extended that goal to zero net operation...
Clean Cargo Working Group
The Clean Cargo Working Group is a voluntary initiative of major brands, cargo carriers, and freight forwarders dedicated to reducing the environmental impacts of global goods transportation. Its memb...
Report, The Promise and Limits of Private Standards in Reducing GHG Emissions from Shipping
This 2017 article in the Journal of Environmental Law examines private standards that aim to mitigate GHG emissions in shipping. These have emerged against a backdrop of regulatory inertia and the exc...
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