- Tata Steel is the first steelmaker to sign the Sea Cargo Charter to reduce the environmental impact of ocean transport.
- Launched in October 2020, the SCC establishes a common, global baseline to quantitatively assess and disclose ship chartering activities.
- By signing the SCC, Tata Steel becomes the 24th organisation to join the association.
Tata Steel has joined the Sea Cargo Charter (SCC), which seeks to reduce the environmental impacts of global seaborne cargo, becoming the first steel manufacturer to sign the SCC, says an article published on their website.
Launching of SCC
Launched in October 2020, the SCC establishes a common, global baseline to quantitatively assess and disclose whether ship chartering activities are in line with climate goals set by the UN maritime agency, the International Maritime Organization (IMO).
IMO strategy
The IMO’s Initial GHG Strategy sets out its ambitions to reduce total annual Greenhouse Gas (GHG) emissions generated by shipping activity by at least 50% of 2008 levels by 2050, whilst pursuing efforts towards phasing them out as soon as possible in this century.
Tata Steel, first steelmaker to sign SSC
By signing the SCC, Tata Steel becomes the 24th organisation to join the association, building on the company’s sustainability objectives and initiatives.
As part of Tata Steel’s efforts to align with the Charter’s ambitions, the company announced a partnership with Danish technology company Optimum Voyage in September to use big-data to help lower emissions from ships delivering raw material to its European operations.
Mr. Ranjan Sinha, Chief Group Shipping and Director Raw Material Procurement of Tata Steel, said: “We are truly proud to be a signatory of the Charter as it represents another critical phase in our efforts to tackle climate change around the world. Having established a strong reputation for corporate governance, it is befitting that we collaborate with world’s leading organisations across industry to establish global standards for sustainable shipping. We are committed to aligning our chartering activities with responsible environmental behaviour.”
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Source: tata steel
