{"id":5369,"date":"2020-10-10T15:31:00","date_gmt":"2020-10-10T13:31:00","guid":{"rendered":"https:\/\/www.ldc.com\/ar\/stories-insights\/ldc-helps-to-co-found-the-sea-cargo-charter\/"},"modified":"2023-05-11T10:01:17","modified_gmt":"2023-05-11T08:01:17","slug":"ldc-helps-to-co-found-the-sea-cargo-charter","status":"publish","type":"stories-insight","link":"https:\/\/www.ldc.com\/ar\/en\/stories-insights\/ldc-helps-to-co-found-the-sea-cargo-charter\/","title":{"rendered":"LDC helps to co-found the Sea Cargo Charter"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">As a leader in ocean freight and one of the world\u2019s largest chartering entities, LDC is committed to working toward the decarbonization of the shipping industry.<\/h2>\n\n\n\n<p>In October 2020, LDC became&nbsp;<a href=\"https:\/\/www.seacargocharter.org\/wp-content\/uploads\/2020\/10\/Press-release_Industry-giants-commit-to-transparent-reporting-of-shipping-emissions.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">one of the founding signatories<\/a>&nbsp;of the&nbsp;<a href=\"https:\/\/www.seacargocharter.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sea Cargo Charter<\/a>, a pioneering multi-stakeholder initiative that aims to champion responsible and sustainable shipping, transparent climate reporting and improved decision-making in line with the policies and decarbonization ambitions adopted by the&nbsp;<a href=\"https:\/\/www.imo.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Maritime Organization<\/a>&nbsp;(IMO).<\/p>\n\n\n\n<p>As a key facilitator of world trade, representing around 80% of global flows, it is critical that the maritime sector addresses the climate impacts of international shipping activities, which are responsible for 2-3% of global annual greenhouse gas (GHG) emissions, according to the IMO.<\/p>\n\n\n\n<p>The Sea Cargo Charter establishes a common baseline for shipping industry leaders to quantitatively assess and disclose shipping activity alignment with climate goals, including an ambition to reduce total annual GHG emissions by at least 50% of 2008 levels by 2050, with a strong emphasis on targeting zero emissions.<\/p>\n\n\n\n<p>As a signatory, LDC commits to accurately measuring the GHG emissions of its chartering activities. Following stringent guidelines, we will assess our climate alignment relative to established decarbonization trajectories and report results on an annual basis. We also commit to making compliance with the Sea Cargo Charter contractually part of new chartering activities, working with shipowners and other partners to meet this requirement.<\/p>\n\n\n\n<p>We welcome the establishment of the Sea Cargo Charter as an initiative that reflects our commitment to work collaboratively&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.ldc.com\/sustainability\/\" target=\"_blank\">toward more sustainable business practices<\/a>, and builds on existing efforts to reduce the environmental impact of our global activities.<\/p>\n\n\n\n<p><em>\u201cHarmonizing the assessment of maritime industry climate impacts is in the continuity of our company\u2019s transparent reporting efforts, and aligned with our convictions,\u201d said&nbsp;<\/em><strong>Sebastien Landerretche, Head of LDC\u2019s Freight Platform<\/strong><em>. \u201cCollaboration is key to the success of sustainable development, and aligning responsible charterers in the drive to reduce shipping emissions should be one of the pillars toward this goal.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LDC becomes a founding signatory of the pioneering multi-stakeholder initiative<\/p>\n","protected":false},"featured_media":8092,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[494,496],"tags":[],"class_list":["post-5369","stories-insight","type-stories-insight","status-publish","format-standard","has-post-thumbnail","hentry","category-in-the-field","category-on-the-horizon"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.0 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>LDC helps to co-found the Sea Cargo Charter || Louis Dreyfus Company<\/title>\n<meta name=\"description\" content=\"LDC becomes one of the founding signatories of the Sea Cargo Charter, a 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