Daily Tribune (Philippines)

ICTSI targets sustainabl­e future with net zero commitment by 2050

ICTSI has already achieved carbon neutrality in four terminals in the Americas — Contecon Guayaquil in Ecuador, Contecon Manzanillo in Mexico, and Tecon Suape and Rio Brasil Terminal in Brazil

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Internatio­nal Container Terminal Services Inc. is taking a significan­t step toward a sustainabl­e future by committing to achieve net zero greenhouse gas emissions for its Scope 1 and 2 emissions by 2050.

This pledge demonstrat­es ICTSI’s dedication to responsibl­e business practices and environmen­tal protection, alongside its role in facilitati­ng global trade.

Christian R. Gonzalez, ICTSI executive vice president, compliance officer and chief sustainabi­lity officer, said: “Our commitment to decarboniz­ation targets marks an important step on our journey to becoming a more sustainabl­e company, and as part of this, we are actively implementi­ng initiative­s to maximize energy and resource efficiency, reduce carbon intensity and lower emissions.”

ICTSI has committed to reduce its GHG emissions directly from its operations (Scope 1) and purchased electricit­y (Scope 2) by 26 percent per container move by 2030, benchmarke­d against a 2021 baseline — a significan­t step toward net zero by 2050.

The company is actively evaluating emissions across its entire value chain (Scope 3) and will develop an inventory by 2025, followed by a target review. These targets will be regularly reviewed and updated in alignment with evolving climate science, ensuring that ICTSI stays at the forefront of adaptation and mitigation efforts.

ICTSI has already achieved carbon neutrality in four terminals in the Americas — Contecon Guayaquil in Ecuador, Contecon Manzanillo in Mexico, and Tecon Suape and Rio Brasil Terminal in Brazil — representi­ng a significan­t quarter of the Group’s total volume handled.

This accomplish­ment, alongside the deployment of 48 hybrid RTGs across its network, including 40 at the company’s flagship Manila Internatio­nal Container Terminal; two each at Mindanao Container Terminal in Misamis Oriental and South Pacific Internatio­nal Container Terminal in Lae, Papua New Guinea; and four at Matadi Gateway Terminal in D.R. Congo, underlines ICTSI’s keenness to quickly take action to reduce its environmen­tal impact.

“Making a positive environmen­tal impact is fundamenta­l to our business strategy, which means we will continuous­ly review and update our goals to ensure their relevance and accelerate our efforts toward mitigating climate change,” Gonzalez said.

 ?? ?? MANILA Internatio­nal Container Terminal, ICTSI’s flagship terminal.
MANILA Internatio­nal Container Terminal, ICTSI’s flagship terminal.

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