Danish ship operator Norden and Canadian mining company Teck Resources have finalised an agreement to reduce CO2 emissions in Teck’s steelmaking coal supply chain.
The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or up to 6,700t of CO2. Norden will achieve emission reductions through a range of solutions, including the use of fuel-efficient ships and alternative fuels such as biofuel in combination with an intelligent use of advanced data analytics to optimise vessel speed and routing.
Jonathan Price, CEO Teck said: “This innovative partnership with Norden is expected to reduce Scope 3 emissions associated with transportation of Teck’s steelmaking coal, reducing our carbon footprint and advancing progress developing green transportation corridors. Working with transportation providers like Norden to reduce emissions downstream of our business furthers our progress towards achieving our net zero by 2050 goal.”
Norden CEO Jan Rindbo said: “With this initiative, we are now able to design customer-tailored freight emission contracts where we leverage our combined expertise to develop unique solutions that support our customers’ ambitions to lower their supply chain emissions. Norden’s strategy of helping our customers decarbonise their supply chains means that we in addition to committing to carbon neutrality in 2050, have short to medium-term commitments, where our goal is to make carbon emission reductions towards 2030.”
The emission reduction freight contract is one of several of Norden’s climate solutions for customers. As part of Teck’s Sustainability Strategy, Teck has goals to reduce carbon intensity across operations by 33% by 2030 and be a carbon-neutral operator by 2050.
