European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
No Result
View All Result
Home < INDUSTRIES Automotive

Volvo Cars uses ECO Delivery Ocean solution from Maersk to reduce its greenhouse gas footprint

by Marie Weil
July 5, 2023
A A
Share on LinkedinShare on Twitter

The Swedish car manufacturer Volvo Cars cooperates with, among others, Maersk to reduce its global greenhouse gas (GHG) footprint from seaborne logistics. For its decarbonisation product ECO Delivery Ocean, Maersk substitutes fossil fuels on its ships with second generation biodiesel based on waste feedstocks to reduce the greenhouse gas emissions of customers’ ocean transport directly in the Ocean supply chain, i.e. without compensatory measures like offsetting.

With almost 15,000 containers under Maersk ECO Delivery Ocean, Volvo Cars will reduce GHG emissions by 28,000 tonnes within the next twelve months*. Maersk’s ECO Delivery Ocean solution will be used for inbound ocean container transports of production material destined for Volvo Cars’ manufacturing plants based in China, Europe and the Americas, as well as spare parts distribution made globally by ocean container transports. The first ECO Delivery transports commenced in June.

Volvo Cars and Maersk have both the target to reduce their total greenhouse gas emissions to net zero by 2040. Sharing this ambitious pace in the decarbonisation, we are joining forces to maximise the progress towards net zero supply chains. We are delighted that Volvo Cars have selected our ECO Delivery Ocean solution, because we can reach our goals only together with our customers. These close collaborations are essential in order to deliver on our ambitious, mutual decarbonisation goals.

Birna Odefors

Managing Director of Maersk’s Area Nordics

Renewable fuel is not the end game for removing CO2 from the world’s ocean freight needs. Yet this initiative shows that we can act now and implement solutions that achieve significant results during the wait for long-term technological alternatives. We want to spark other car makers into action as well, to increase demand for carbon efficient ocean transports and to establish renewable fuels as a mid-term solution that works. We all have a responsibility to act.

Javier Varela

Chief Operating Officer and Deputy CEO of Volvo Cars

With ECO Delivery Ocean, Maersk offers its customers the opportunity to handle transports completely with certified biodiesel from waste resources for a small and fixed additional cost. The corresponding greenhouse gas savings are confirmed to the customers with a verified certificate.

* Maersk green fuels and its supply chain are verified by the International Sustainability and Carbon Certification (ISCC) through proof of sustainability documentation. The methodology for accounting emissions is based on Clean Cargo and GLEC (Global Logistics Emissions Council) emission factors and is certified by Smart Freight Center. We ensure auto-generated performance tracking of Maersk ECO Delivery shipments. And a Maersk ECO Delivery CO2 saving certificate will be issued. The process is audited by PwC in accordance with the International Standard of Assurance Engagements 3410 (ISAE 3410 – Assurance Engagements on Greenhouse Gas Statements), showing CO? savings for the scope of the Maersk ECO Delivery agreement.

Tags: < ESG | Sustainability

Related Industries

Automotive

REVEL secures €115 million to boost its car subscription business in Spain

September 16, 2023
Automotive

Volvo Cars appoints new head of procurement and supply chain

September 14, 2023
Automotive

Hyundai-Kia’s Head of Battery and H2 Fuel Cell Development Chang Hwan Kim Elected as President of FISITA from ’25-’27

September 14, 2023
Automotive

Mobileye and Valeo Launch a Partnership for World-Class Imaging Radars

September 5, 2023
Automotive

Talking not Typing: Continental and Google Cloud Equip Cars with Generative Artificial Intelligence IAA MOBILITY 2023

September 5, 2023
Automotive

IAA Mobility 2023: Bosch is growing with solutions and technology for the software-defined vehicle

September 5, 2023

Co-founder of Artificial Intelligence firm Faculty shares how AWS has helped her company succeed

August 26, 2023

...

Ericsson and M1 partner to deploy the new generation of 5G routers to enable a future- ready mobile transport network

September 1, 2023

...

Manja Greimeier Appointed New Head of Original Equipment for Continental’s Tires Group Sector

September 1, 2023

...

Safran and Cuberg announce collaboration agreement on battery systems for advanced electric aviation

September 14, 2023

...

The Carlsberg Group welcomes Jacob Aarup-Andersen as new Chief Executive Officer

September 1, 2023

...

Barclays appoints two new senior leaders into its Technology Investment Banking team

August 26, 2023

...

Amelia IRION appointed Vice President Human Resources for Air Liquide, effective September 18, 2023

September 8, 2023

...

A new Internet Levy threatens Europe’s Creative Industries and Digital Decade targets

September 16, 2023

...

BASF is paving the way for an infinite range of sustainable plastic solutions at Fakuma 2023

September 20, 2023

...

Kate Thomson appointed as bp interim chief financial officer

September 20, 2023

...

Asia Pacific Business Asia Pacific Business Asia Pacific Business

EUROPEAN BUSINESS is a premier source of corporate news, business information and insights across broad spectrum of industries in Europe and worldwide.  We are one of the members of the Business World Network.

RESOURCES

  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

CONTACT US

EDITORIAL:     editor # european-biz.com

PARTNERSHIP:     partnership # european-biz.com

HUMAN RESOURCE:     hr # european-biz.com

* (replace # with @)

  • Official Site

Copyright © EUROPEAN-BIZ.COM All rights reserved.

No Result
View All Result
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

Copyright © EUROPEAN-BIZ.COM All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist