Along with commemorating 63 years in business, SAAM unveiled its 2030 Sustainability Strategy. The strategy formalizes the work the company has been doing in this area with a robust plan and ambitious, responsible and measurable goals, reports SAAM.
Strategy
The strategy has four pillars: Reportability and Risk Management, People and Social Engagement; Environment and Climate Action, and Sustainable Development and Projects. These pillars align with the standards of the International Maritime Organization (IMO), the UN Sustainable Development Goals (SDG) and the standards proposed by the Dow Jones Sustainability Index (DJSI).
The strategy is already reporting progress. For example, thanks to two electric tugs added to the Canadian fleet and several emissions reduction initiatives, the fleet reduced its CO2 emissions by 5,000 metric tons this year. Additionally, SAAM’s Chilean fleet will start operating the first electric tugboat in Latin America in 2025.
Did you Subscribe to our daily newsletter?
It’s Free Click here to Subscribe!
Source: SAAM
