Aiming to Lead the Way in Maritime Technology and Innovation
Tokyo - April 20, 2022
MOL Group identifies "Innovation for development in marine technology" as one of its five sustainability issues (materiality) (Note 3), and also set the target of achieving net zero GHG emission by 2050 in the MOL Group Environmental Vision 2.1 (Note 4) announced in June 2021, presenting five initiatives to achieve the target. These initiatives, including a host of new technologies and innovations, are urgent missions MOL Group must accomplish to cope with worldwide environmental issues.
While the entire logistics industry has been changing drastically through the ongoing Digital Transformation (DX), the company plans to use its new slogan as the banner for "leading the ocean shipping industry in developing technologies and innovations."
MOL Group will intensify efforts under this new technology slogan to set the pace in technological advances and innovations not only for "ships," but also, in a broader sense, for "the sea."
"One mile ahead" Promotional Video by Mitsui O.S.K. Lines, Ltd.
(Note 2) ISHIN NEXT - MOL Smart Ship Project
(Note 3) Sustainability Issues (Materiality)
(Note 4) The MOL Group Environmental Vision 2.1 shows five initiatives "Adoption of clean alternative fuels," "Enhancement of energy-saving technologies," "Boost operating efficiency," "Expanding low-carbon and decarbonization projects through use of the MOL Group's concentrated strengths," and "Building business models to enable net zero GHG emissions," targeting "with the concerted effort throughout the Group, achieve net zero GHG emissions by 2050."
Mitsui O.S.K. Lines, Ltd. press release