Angela Titzrath, CEO of HHLA, signed the joint declaration (MoU) for environmentally friendly shipping at the Hamburg Sustainability Conference 2024. The declaration aims to consistently advance the decarbonisation of international shipping and align it with global climate targets, in particular the 1.5-degree target.
Hamburger Hafen und Logistik AG (HHLA) has joined the ‘Hamburg Declaration on the Decarbonisation of Global Shipping’. HHLA CEO Angela Titzrath signed the declaration for environmentally friendly shipping in Hamburg on Monday. She called the conference an important milestone in the joint effort to promote sustainability in the maritime and logistics industry: ‘We are pleased, as an important part of the logistics network, to be involved in the initiative and to jointly promote sustainable solutions. By signing, we are reaffirming our strong commitment to climate-friendly transport chains and environmentally compatible logistics solutions from the quayside to the hinterland. Together, we are shaping the future of logistics – a future that is cleaner, more efficient and more sustainable.’
On 7 and 8 October 2024, around 1,600 participants from more than 100 countries will come together in Hamburg and work on a wide range of future issues in over 60 sessions. The topics range from hydrogen supply chains for global shipping and fair raw material sourcing for battery production to a fair international financial architecture. The aim of the conference is to develop specific initiatives to accelerate the implementation of the jointly agreed UN Sustainable Development Goals. To this end, all stakeholders along the entire value chain want to work more closely together.
HHLA has already firmly embedded sustainable practices in its business model: the aim is to reduce HHLA's CO2 emissions by at least 50 percent by 2030, with the ultimate goal of achieving climate-neutral production across the Group by 2040. By the end of 2023, HHLA had already reduced its CO2 emissions by around 40 percent compared to the 2018 baseline. An evaluation of these measures according to the requirements of the EU taxonomy shows that HHLA is playing a pioneering role in the mobility industry when it comes to sustainable logistics. In 2023, 79 per cent of HHLA's revenues already met these regulatory requirements.
The Hamburg Sustainability Conference is an initiative of the German Federal Ministry for Economic Cooperation and Development (BMZ), the United Nations Development Programme (UNDP), the Michael Otto Foundation and the Free and Hanseatic City of Hamburg. It is planned to continue the conference in the coming years to initiate and sustain change processes. More information can be found here: www.sustainability-conference.org/en/