{"id":150,"date":"2023-12-27T14:45:31","date_gmt":"2023-12-27T14:45:31","guid":{"rendered":"https:\/\/siliconplus.sg\/psaar2020\/?page_id=150"},"modified":"2023-12-27T19:15:13","modified_gmt":"2023-12-27T19:15:13","slug":"our-climate-response","status":"publish","type":"page","link":"https:\/\/siliconplus.sg\/psaar2020\/our-climate-response\/","title":{"rendered":"Our climate response"},"content":{"rendered":"<p>At PSA, we believe that taking climate action is our responsibility. As a global leader in the port operations and logistics industry, we are in a unique position to effect change in our sphere of influence and spur collective action towards sustainability.<\/p>\n<p>In 2021, we launched our inaugural Sustainability Report, titled Green Horizons: Enabling a Better World Through Sustainable Port and Supply Chain Solutions. The report encapsulates our commitment to have sustainability underpin and drive our business, as we seek new horizons of growth to build a better world. The Group\u2019s Sustainability Strategy Framework is set out in the report, providing a roadmap in our ambition to drive sustainable value creation through three strategic priorities: Taking Climate Action; Transforming Supply Chains; and Nurturing A Future-Ready Workforce.<\/p>\n<p><strong>Our Climate Response<\/strong><br \/>\nOur climate response encompasses the range of initiatives we have taken as a Group to combat climate change and reduce emissions across our terminals, as well as our efforts to collaborate with partners to improve the sustainability, resilience and efficiency of global supply chains.<\/p>\n<p>The Group aims to reduce our absolute Scope 1 and Scope 2 carbon emissions by 50% by 2030 (against a 2019 baseline year), and progressively achieve net-zero carbon emissions by 2050.<\/p>\n<p><strong>Enabling Sustainable Supply Chains<\/strong><br \/>\nLeveraging on digital solutions to enhance supply chain visibility and progress towards a greener ecosystem, PSA\u2019s Opt-E-Arrive programme facilitates transparent ship-to-port data exchange and real-time activity synchronisation to enable Just-In-Time vessel arrivals at our terminals. Through stakeholder collaboration and digital capabilities, it supports the dynamic optimisation of vessel arrivals with marine and terminal resource planning and efficient vessel bunker consumption.<\/p>\n<p>Over and beyond, we continue to co-create and deploy innovative solutions that improve efficiency and resiliency, which support decarbonisation across supply chains. To this end, we are working towards a PSA Green Corridor, where carbon-neutral maritime routes connecting through PSA terminals globally are supported by a suite of value-added green services, generating carbon abatement values across the entire ecosystem.<\/p>\n<p>Besides digital solutioning, we strive to enable long-term sustainable logistics through our offerings of alternative transportation, such as our greener option of moving cargo via rail instead of trucks, as in the example of PSA\u2019s Ashcroft Terminal in Canada. Other Cargo Solutions initiatives such as our China-Europe rail also provide greener alternatives to Beneficial Cargo Owners to move their cargos from Europe to Asia via multimodal sea-rail links.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At PSA, we believe that taking climate action is our responsibility. As a global leader in the port operations and logistics industry, we are in a unique position to effect change in our sphere of influence and spur collective action towards sustainability. 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