UAE port operator DP World warms to more wind, solar, hydropower, biomass and nuclear energy in Asia, in net zero aim
- Firm, which moves 10 per cent of global cargo, says it will invest hundreds of millions of dollars in decarbonisation strategy to reduce emissions
- ‘With such a large footprint, we must collaborate with authorities and wider industry; the population’s needs can be met sustainably’
Leading maritime logistics provider DP World (DPW) has entered into serious discussions with authorities and port landlords across Asia about rapidly reducing the carbon dioxide footprint of its vast network of container terminals and free-trade zones, a senior executive said.
In an interview with This Week In Asia, DPW’s group chief people and sustainability officer Maha Al-Qattan said the United Arab Emirates (UAE) company is currently “pursuing a wide range of electric and renewable options in Asia” as a major step towards achieving its target of net-zero emissions by 2040.
“The decarbonisation journey of our industry is a long road, and we need to make considerable investments in the coming years across the globe to realise it,” Al-Qattan said.
DPW is one of the world’s top five maritime logistics providers and moves about 10 per cent of global cargo.
The Dubai-based operator competes globally with Asia-Pacific giants including Hong Kong-based Cosco Shipping Ports and Hutchison International Port Holdings, and Singapore’s PSA International.
