Lloyd’s Register signs up to Getting to Zero Coalition
Lloyd’s Register is among senior leaders within the maritime, energy, infrastructure and finance sectors that have signed up to the Getting to Zero Coalition, a partnership between the Global Maritime Forum, the Friends of Ocean Action, and the World Economic Forum, LR said in its release.
The Coalition, which is supported by more than 70 public and private organisations, has been launched before heads of state and government at today’s UN Climate Action Summit in New York.
The ambition of the Getting to Zero Coalition is closely aligned with the UN International Maritime Organization’s Initial GHG Strategy, which prescribes that international shipping must reduce its total annual greenhouse gas emissions by at least 50% of 2008 levels by 2050, whilst pursuing efforts towards phasing them out as soon as possible in this century. This will ultimately align greenhouse gas emissions from international shipping with the Paris Agreement.
The Coalition, whose maritime members include Maersk, Shell, Cargill, Trafigura and MISC among others, is committed to making this ambitious target a reality by getting commercially viable deep-sea zero emission vessels powered by zero emission fuels into operation by 2030.
Lloyd’s Register has also today endorsed the Sustainable Ocean Principles of the United Nations Global Compact, a framework for responsible business practices in the Ocean across sectors and geographies. It joins business leaders from around the world in setting clear and shared expectations industry-wide for a healthy and productive ocean.