Cargill has published its first corporate responsibility report specifically for its ocean transportation business. The report provides an update on progress for 2017.
The company outlines its plans and activities to lead dry bulk shipping. This is one of the world’s oldest and most traditional industries. Most noteworthy, Cargill plans to bring it into a new era by making shipping safer, more efficient and sustainable.
Together with its stakeholders, Cargill completed a comprehensive materiality assessment for its operations in mid-2017.
Using this assessment tool as a basis, it set actions and targets to improve its operations in the following areas. Climate change and health, safety and well-being, ocean health and biodiversity, and inclusion and diversity.
“Cargill is taking a holistic approach to sustainable development and to our obligations as a responsible global citizen,” said Jan Dieleman, president of Cargill’s ocean transportation business.
Cargill reports some improvements across a number of performance measures. Notably within its fleet composition and vessel efficiency.
In 2017, the ocean transportation business reduced its CO2 emissions by 5.7 percent. It commits to achieving a 15 percent reduction by 2020.
Dieleman said that vessel efficiency can vary considerably due to a host of external factors. However, they are committed to achieving a significant improvement in coming years.
He also recognized the importance of strategic partnerships which they entered into in the latter part of 2017.
“Sustainable shipping can only become a reality if the entire industry pulls in the same direction. The hard work certainly lies ahead of us and we will embrace it.”
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