Marking a key milestone its ambition to turn into “probably the most sustainable and revolutionary maritime and logistics firm within the Americas,” Crowley has launched its inaugural sustainability report. The report goals to evaluate and set up a clear reference level to measure progress towards its environmental, social and governance (ESG) objectives to construct a extra sustainable tomorrow.
The report builds on Crowley’s current announcement of its ambition to attain net-zero emissions utilizing a science-based strategy by 2050 and descriptions the corporate’s technique and impacts in its ESG actions. Precedence areas embrace: adopting low- to zero-carbon fuels and supporting new vitality improvement; rising expertise variety, development and retention; and supporting individuals and communities.
“The wants of our planet and persons are altering, and alongside our companions, we’re working every day with prospects to cut back the environmental footprint of their provide chain using ocean transport, which continues to be the greenest strategy to transport items,” mentioned Tom Crowley, chairman and CEO. “We’re happy with our accomplishments and initiatives captured on this first report, which is able to function the baseline in opposition to which we are going to measure our evolution for years to come back. Our commitments are intentionally bold, and we’re establishing partnerships and requirements to make sure—matching our commitments with measurable motion and year-over-year progress.”
Highlights from the report embrace:
- Rigorous short- and long-term efforts to decarbonize operations. Crowley goals to cut back general greenhouse fuel emissions throughout your complete enterprise by greater than 3.7 million metric tons per yr, pursuing a path aligned with the most recent local weather science to restrict international warming to 1.5 levels Celsius above pre-industrial ranges.
- Funding in liquified pure fuel (LNG) as a dependable and lower-emissions various to conventional fuels. Crowley has safely delivered 40 million gallons of LNG to help cleaner, extra resilient vitality all through Puerto Rico and has invested in infrastructure on the island to reinforce LNG availability for purchasers within the area.
- Development of different energy know-how and vessels such because the absolutely electrical, battery-powered tugboat eWolf — the primary of its sort within the U.S. — and a public-private partnership to develop an offshore wind providers terminal in Salem, Mass.
- Growing methods to help extra resilient provide chains, akin to via near-shoring and “blue water highways” that serve communities with sustainable and environment friendly transportation on water and land.
- Enhancing Crowley’s dedication to variety and fairness in enterprise via targets for 2030 to make sure 37% of suppliers are numerous and 27% of purchases come from small companies.
- Activation of the employee-led Inclusion, Range and Fairness in Motion (IDEA) Council to drive a supportive and inclusive work surroundings.
- Almost $200,000 donated by staff to native organizations via the Crowley Cares Basis and greater than 530 volunteer hours accomplished by workforce members within the first six months of this system.
- An endowment of $2.5 million to the College of North Florida for a brand new heart of excellence that can develop a expertise pipeline of leaders educated in transportation and logistics, together with state-of-the-art information analytics and provide chain instruments.
“We see large alternative to construct a extra sustainable maritime and logistics trade that makes not solely the worldwide provide chain, but additionally our world, extra resilient,” mentioned Crowley’s Alisa Praskovich, vice chairman of sustainability. “We’ve got made progress over the past yr to grasp our impacts and set bold ESG objectives, and are ready to assist lead our prospects, and our trade, towards a lower-carbon future for all.”
The report additionally contains data on Crowley’s private and non-private ESG partnerships, digital transformation and targeted group efforts within the Caribbean and Central America.