15 June 2022
As part of its Journey to Net Zero, MSC has been using blended biofuels to propel its ships. Discover how MSC Biofuel Solution helps the company's customers to meet CO2 emission reduction goals through a new carbon insetting programme.
Decarbonisation is one of the biggest challenges facing the world and the shipping industry. That's why it's at the top of MSC's agenda and will remain a priority for decades to come.
Our goal is to reach net zero CO2 emissions by 2050. It's an ambitious target, but we have already made good progress in improving the energy efficiency of our fleet, recording a relative decline in CO2 emissions of more than 40% since 2008.
As part of our Journey to Net Zero, MSC has adopted sustainable biofuel – the only low-carbon fuel currently available that does not require any adjustment of our vessels' engines – as a transition fuel in our ocean operations.
About MSC Biofuel Solution
Available at selected world ports, MSC Biofuel Solution offers customers the opportunity to join forces with MSC to decarbonise their supply chains and achieve their climate targets.
This solution is our first carbon insetting programme, through which we use biofuel to reduce the carbon footprint of our customers' supply chains as well as across our own operations, while accelerating the global energy transition and our industry's decarbonisation.
Specifically, MSC procures and bunkers low-carbon certified sustainable biofuel, derived from sources such as used cooking oil (Used Cooking Oil Methyl Ester or UCOME). This responsibly sourced, second-generation biofuel comes as a blend with conventional marine oil and its biocomponent can reduce CO2 emissions by 90%.
Benefits at a glance
• Customers benefit from CO2 savings throughout their supply chain (Scope 3 CO2 emissions).
• Customers receive an MSC-issued Retirement Certificate stating the CO2 savings achieved, accompanied by documentation including Proof of Sustainability for the bunkered biofuel as well as an external verification statement for the carbon insetting process.
• MSC's insetting programme reduces emissions through CO2 savings achieved within our own value chain.
"At MSC, we understand that we have an important role to play in decarbonisation and in accelerating the energy transition of the shipping and logistics industry," said Dimitri Ruggiero, Global Accounts Vice President. "By adopting low-carbon fuels, we're playing an enabling role in the energy transition while also reducing the emissions of our own operations. Customers can also achieve a reduction in emissions in their supply chains by taking part in our carbon insetting programme, MSC Biofuel Solution. We are continually improving the energy efficiency of our fleet, as well as collaborating with partners across the maritime ecosystem on research, trials and pilots to promote the wider adoption of low- and zero-carbon fuels of the future."
MSC Mediterranean Shipping Co S.A. press release