Commitment to decarbonization and exploration of electrification and hydrogen technologies

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DP World is committed to achieving net zero carbon emissions by 2050 and has set interim targets for 2030 and 2040. They are actively testing technologies like battery electric and hydrogen for large-scale deployment in order to transition successfully. The zero mission port alliance aims to collaborate with various stakeholders to develop and deploy these technologies, focusing primarily on electrification such as battery electric vehicles and charging infrastructure while also exploring the potential of hydrogen technology. The future of decarbonization in the industry likely involves a combination of both electrification and hydrogen technologies.

In this episode of the ESG Insider podcast, we explore how companies are moving from setting sustainability targets to figuring out how to reach those goals. A common refrain we heard at the annual GreenBiz conference in Phoenix, Arizona last week was: "What will it take?"

For example, what will it take for companies to achieve net-zero goals and decarbonize supply chains — including those involved in transporting materials and products?

We explore supply chain decarbonization with guests from several sectors. To understand the decarbonization challenges the freight and maritime shipping industry faces, we sit down with Sarah Mouriño, Senior Director of Sustainability for the Americas at DP World, one of the world's largest port operators. Sarah, who has more than two decades experience in the industry, tells us decarbonization is the "number one thing on every sustainability agenda for every major company” with a freight or maritime operation.

Other guests in this episode include:

- Robyn Luhning, Chief Sustainability Officer at big bank Wells Fargo

-Abby Davidson, Managing Director at consulting company Engie Impact

- Brenden McEneaney, Senior Vice President at real estate firm JLL

- Annabelle Stamm, Senior Director of Sustainability Strategy at Edison Energy, which helps its clients navigate energy management

- Debbie Lizt, Head of Global Sustainability at software company Intuit

- Kevin Rabinovitch, Global Vice President of Sustainability and Chief Climate Officer at food company Mars

Listen to our full interview with Intuit’s Debbie Lizt exploring Intuit's approach to supplier engagement, AI and the just transition: https://www.spglobal.com/esg/podcasts/exploring-intuit-s-approach-to-supplier-engagement-ai-and-just-transition

Listen to our full interview with Mars’ Kevin Rabinovitch discussing how Mars is rethinking supply chains: https://www.spglobal.com/esg/podcasts/how-one-of-world-s-largest-food-companies-is-rethinking-supply-chains

Listen to our interview on the sidelines of Davos on the topic of how AI becamse the buzzword at the World Econmic Forum's 2024 gathering: https://www.spglobal.com/esg/podcasts/how-ai-became-the-buzzword-at-davos

The GreenBiz conference is hosted by GreenBiz Group and S&P Global Sustainable1 is a sponsor.

Read more about supply chains in the S&P Global Supply Chain 2024 Look Forward report: https://www.spglobal.com/en/research-insights/featured/special-editorial/look-forward/look-forward-volume-2-2024

Learn about TPM, a conference S&P Global organizes for the trans-Pacific and global container shipping and logistics community: https://events.joc.com/tpm/about/index.html

This piece was published by S&P Global Sustainable1, a part of S&P Global.

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