MSC receives 3.5 out of 5 stars on environmental reporting

Hellenic Shipping News | Oct 26, 2020 at 1:00 AM
  • The 138-page Sustainability Report by MSC has one feature that only one more of the companies that submitted a report for the period from January 1st, 2019 to December 31st, 2019 shares—there is almost no data, no numbers, no cold and objective numbers (except for some about its assets in pages 8 and 9, and more numbers in the chapter that maybe by mistake was called Social Inclusion because it does not deal with social issues but with intermodal, freight corridors, and other logistics issues).
  • MSC has been called for years a very secretive company since it is a family emporium, a privately own emporium, and, regrettably, we can see that on its environmental reporting: despite releasing a 138-page report, one can feel that secrecy since contrary to all the other liners, there are almost no numbers related to environmental reporting.
  • Well, basically to follow the path that the IMO decides, nothing more than that: “We support the ‘ambitious’ [these internal quotes are ours] emissions reduction targets that have been set by the International Maritime Organization (IMO) and reduction of total annual GHG emissions from international shipping by at least 50% by 2050 compared to 2008”.