Crowley commits to net-zero by 2050

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Florida-bases Crowley Company has committed to net-zero greenhouse gas emissions across all sectors by 2050, pursuing a path aligned with the latest climate science to limit global warming to 1.5 degrees Celsius.

To reach this target, Crowley estimates that it will reduce overall emissions by 4.2m metric tonnes of greenhouse gases per year, or the equivalent of removing more than 900,000 cars from the road every year.

“Crowley is on a mission to become the most sustainable and innovative maritime and logistics company in the Americas,” said Tom Crowley, chairman and CEO. “Working together with our customers, suppliers, policymakers and others across our value chain, we can meet the climate crisis head on.”

As it lays the groundwork for a clean energy future, Crowley is creating partnerships across the industry with government and non-governmental organisations to collaboratively achieve decarbonisation and climate action. These include the Blue Sky Maritime Coalition which is focused on the North American maritime value chain, and the World Shipping Council   focusing on the global container shipping industry.

Reducing GHG emissions is a mission critical issue to Crowley’s stakeholders, according to a recent materiality assessment and survey. With a net zero commitment across all three scopes, the company will operationalise its emissions reduction. 

To achieve visibility into its total emissions footprint, Crowley has engaged Salesforce to co-develop a greenhouse gas emissions monitoring and modelling platform that will provide benchmarking, transparency and customised disclosures.

Other activities to date include introducing an all-electric tugboat and development of alternative energy vessels and offshore wind services. The company formed a New Energy division that will provide offshore wind services in the US and is developing a programme that will allow customers to select more sustainable fuels.

In the coming months, Crowley anticipates submitting its long-and short-term emission reduction goals to the Science Based Targets Initiative (SBTI) and is set to release an enterprise-wide sustainability roadmap and complete its inaugural sustainability report in 2022.

Crowley is a privately held, US-owned and operated company serving commercial and government sectors with over 160 vessels mostly in the Jones Act fleet.

 

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