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Maersk finalizes ECO delivery deal with Amazon

Florham Park, New Jersey, September 6, 2023 – A.P. Moller – Maersk (OTC: AMKBY) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 metric tons of CO2e vs standard bunker fuel, roughly equivalent to 50 million pounds of coal burned. This is the fourth consecutive year that Amazon and Maersk have arranged container shipping using low GHG fuel options.

The ECO Delivery biofuel option offers emission reductions that enable immediate and externally verified GHG savings for customers, without compensatory measures like offsetting. This year, Amazon will benefit from a new feature of the ECO Delivery product which will be enabled by also using green methanol in addition to the bio diesel as a second green fuel* in the vessel fleet. ECO Delivery is using primary data for fuel consumption in the methodology to report emissions savings with greater precision, inclusive of other greenhouse gases in addition to the CO2. The new model also provides price certainty and stability and is de-linked from the fossil fuel market.

* Maersk defines ’green fuels’ as fuels with low to very low GHG emissions over their life cycle compared to fossil fuels. Maersk green fuels and its supply chain are verified by the International Sustainability and Carbon Certification (ISCC) . The methodology for accounting emissions is based on GLEC (Global Logistics Emissions Council) and is certified by Smart Freight Center. We ensure auto-generated performance tracking of Maersk ECO Delivery shipments. Maersk ECO Delivery CO2e saving certificates will be issued. The method is audited by PwC in accordance with the International Standard of Assurance Engagements 3410 (ISAE 3410 – Assurance Engagements on Greenhouse Gas Statements), showing CO₂e savings for the scope of the Maersk ECO Delivery agreement.

 

British Airways to Become First UK Airline to Offset Carbon Emissions on Flights

  • Airline announces plan to offset carbon emissions for all UK domestic flights from 2020
  • British Airways to invest in verified carbon reduction projects around the world
  • From 2020, British Airways’ carbon emissions on international flights will be capped through the United Nations’ carbon offsetting scheme
  • Announcement comes as parent company International Airlines Group (IAG) announces commitment to achieving net zero carbon emissions by 2050

From January 2020, British Airways will become the first UK airline to offset carbon emissions on all its flights within the UK. 

All customers flying within the UK next year on flights operated by British Airways will have the carbon emissions from their flights offset by the airline and invested in carbon reduction projects around the world*. These quality assured projects will include renewable energy, protection of rainforests and reforestation programmes.  

The airline operates up to 75 flights a day between London and 10 UK cities, including Manchester, Leeds, Newcastle, Isle of Man, Edinburgh, Glasgow, Aberdeen, Belfast City, Inverness and Jersey. British Airways’ domestic emissions total around 400,000 tonnes of C02 a year.

Today’s announcement comes as British Airways’ parent company, International Airlines Group (IAG), became the first airline group worldwide to commit to achieving net zero carbon emissions by 2050, contributing to both the UK Government’s commitment to a net zero carbon economy by 2050 and the United Nations’ objective to limit global warming to 1.5 degrees. IAG’s emissions’ goal will be achieved through numerous environmental initiatives, including investing more than US$400m in the development of sustainable aviation fuels over the next 20 years.

Alex Cruz, British Airways’ Chairman and Chief Executive, said: “British Airways is determined to play its part in reducing aviation’s CO2 emissions. To solve such a multi-faceted issue requires a multi-faceted response and this initiative further demonstrates our commitment to a sustainable future. It also follows our announcement to partner with renewable fuels company, Velocys, to build a facility which converts household and commercial waste into renewable sustainable jet fuel to power our fleet.”

While customers on UK domestic flights will not need to offset their emissions, those travelling further afield can also reduce their impact on the environment by using British Airways’ carbon offsetting tool. The carbon tool enables customers to calculate their emissions and then invest in carbon reduction projects including high quality forestry and renewable energy projects in Peru, Sudan and Cambodia**.

Using the tool, which can be accessed on https://www.pureleapfrog.org/ba/carbon_zero, a customer will pay around £1 to offset a return flight from London to Madrid, travelling in economy, while from London to New York in business class will cost around £15.***

Notes to Editors

* British Airways is investing in Verified Carbon Standard projects.

**British Airways’ offset scheme is operated through the airline’s partnership with not-for-profit organisation Pure Leapfrog. For more information on the carbon reduction projects, visit: https://www.pureleapfrog.org/ba

***While customers travelling on domestic flights’ carbon emissions are offset for them, customers flying outside of the UK can choose to pay to offset their emissions. Examples of pricing are shown below:

JourneyCost to offset
London to Madrid (economy)£ 1
London to New York (economy)£ 5
London to New York (business)£ 15
London to Los Angeles (economy)£ 8
London to Los Angeles (business)£ 24
London to Hong Kong (business)£ 26

Customers can find a link to the carbon calculator at https://www.pureleapfrog.org/ba/carbon_zero

JetBlue to GreenUp® All Carbon Emissions In June

  • In Partnership with Carbonfund.org, JetBlue Will Help Protect a Portion of the Brazilian Rainforest and Support Carbon Dioxide Sequestration Offsets
  • Since 2008, JetBlue Has Offset More than 2.3 Billion Pounds of CO₂ to Help Introduce ‘Carbon Offsetting’ to Customers

NEW YORK–(BUSINESS WIRE)– To kick-off the busy summer travel season while keeping carbon offsetting top of mind, JetBlue (Nasdaq: JBLU) today announced it will offset the carbon dioxide emissions (CO2) for all JetBlue customers flying throughout the month of June. JetBlue is partnering with Carbonfund.org Foundation, an environmental non-profit organization, to offset CO2 for all scheduled JetBlue flights from June 1 to June 30, 2019.

Over the past 11 years, JetBlue has partnered with Carbonfund.org, allowing travelers to offset an estimation of the ‘carbon footprint’ from their flights by supporting a variety of carbon dioxide reduction projects. To date, JetBlue has purchased offsets totaling more than 2.3 billion pounds (1 million metric tons) of CO2 emissions. Since 2008, JetBlue’s carbon offsets have helped fund technology and forestry projects to help counterbalance the addition of greenhouse gases into the atmosphere from flying.

“As an airline, we admit that we emit. Communally, the traveling public’s and airline’s first-line of defense is flying efficiently and avoiding unnecessary emissions,” said Sophia Mendelsohn, head of sustainability and environmental social governance, JetBlue. “Flying remains a backbone of our economy. JetBlue is inspiring our customers by purchasing offsets on their behalf for emissions that cannot be avoided. While we work toward renewable jet fuel options and ‘carbon-neutral’ flying, offsets are one small way we’re addressing emissions.”

Offsetting all scheduled customers’ flights throughout June will reduce JetBlue’s flying impact by an estimated 700,000 metric tons of CO2, according to Carbonfund.org. This reduction is accomplished by offsetting CO2 through the Envira Amazonia Tropical Rainforest Conservation Project, a carbon offset project approved by the Verified Carbon Standard (VCS) and Climate, Community & Biodiversity (CCB) Standard. These third party verifications demonstrate the project protects nearly 500,000 acres of Amazon tropical rainforest and, mitigates the release of more than 12.5 million tonnes of carbon dioxide emissions over the project lifetime, preserves the habitat for biodiversity and enhances the lives of rural forest communities.

JetBlue’s Carbon Offsetting Initiatives – JetBlue has a history of offsetting emissions. Since 2008, JetBlue has offset 2.3 billion pounds of CO₂ emissions. In April 2015, JetBlue offset a month of customers’ flight in celebration of Earth Month. In 2014, JetBlue worked with Carbonfund.org to offset the CO2 emissions for an entire year on all A321 flights between San Francisco and New York’s JFK Airport.

Beyond June, JetBlue is focused on emissions reduction and avoidance in the long-term. JetBlue recently released its annual environmental social governance (ESG) report detailing the airline’s long-term emissions and climate risk management strategy. The 2018 report is available here.