Hamburg Süd report shows lower emissions

Hamburg Süd has become the world’s first container shipping line to publish its sustainability report in accordance with the Global Reporting Initiative (GRI) G4 Standard Disclosures (Core), showing that a self-imposed emissions reduction plan is on target.

Hamburg Süd's sustainability report shows the company is on line to meet emissions reduction targets

Entitled ‘Setting standards and acting sustainably’, the 84-page report sets out the key topics in the areas of environmental, social and economic responsibility for the 2014 and 2015 reporting period.

Dr Ottmar Gast, chairman of the executive board of Hamburg Süd, said: “With the new sustainability report, Hamburg Süd is once again demonstrating that sustainable conduct is an indispensable part of its corporate philosophy.”

“In compliance with the GRI G4 Standard Disclosures, we are presenting on a voluntary and transparent basis where we stand as regards sustainable behaviour,” he added.

In line with the GRI requirement, the choice of topics is based on a survey of relevant internal and external stakeholders of Hamburg Süd, for example customers, employees, media, and associations. This shows, among other things, that environmental issues are ranked as particularly important.

“We made significant progress in the reporting period, particularly in terms of our self-imposed environmental target to lower CO2e emissions by 45% by 2020,” explained Dr Gast. To date, a reduction of almost 35% has been achieved compared to the 2009 base year.

Hamburg Süd has also made progress in the equally prioritised areas of water pollution and protection of endangered species. In March 2016, Hamburg Süd also joined the ‘United for Wildlife’ initiative.

In addition to a detailed environmental balance, the sustainability report also provides information on the current status and developments in the areas of social and economic responsibility.