DB Schenker and Hyundai Merchant Marine: Agreement to protect the climate
Partnership to reduce CO2 emissions by 17 percent compared to 2014.
DB Schenker Logistics and Hyundai Merchant Marine (HMM) have signed a six-year strategic agreement on reducing CO2 emissions from ocean freight. After agreements with Maersk, Hapag Lloyd and Hamburg Sued, this is the first agreement of its kind with an Asian carrier. Seoul-based HMM will undertake to reduce the CO2 emissions of every container it ships on behalf of DB Schenker Logistics until 2020 by 17 percent compared to 2014 levels.
"This is the first agreement between a global logistics services provider and an Asian container shipping company," says Dr. Karl-Friedrich Rausch, Management Board Member for Transportation and Logistics at DB Mobility Logistics AG and Chief Sustainability Officer of Deutsche Bahn AG. "The agreement is a further milestone because we manage to build mutual committing relationships on sustainability targets with carriers across the globe.
"The objective of the six-year agreement is to fuel customers' interest in sustainable ocean freight on the market by bringing aspects of sustainability into business decision-making processes. HMM is the fourth partner to sign such agreement.
„Environment is a strategic pillar in our and DB Schenker´s day to day ocean business activities. We are proud that we are supporting DB Schenker Logistics, respectively DB Group, in their efforts to reduce carbon emissions by more than 30 percent until 2020 compared to 2006”, says Taeg Gyu Lee, Chief Maritime Officer of Hyundai Merchant Marine.
Last modified: 12.05.2015