“K” Line launches revised Environmental Vision for 2050

“K” Line launches revised Environmental Vision for 2050

Kawasaki Kisen Kaisha (“K” Line) has revised its Environmental Vision 2050 – Blue Seas for the Future report to strengthen its initiatives towards the reduction of global greenhouse gas (GHG) emissions.

The “K” Line Environmental Vision 2050 was launched in 2015, setting forth long-term goals to reduce emissions and increase research into advanced technology. “K” Line reports that while the company has achieved most of the 2019 interim milestones including CO2 reduction and introduction of environmental flagship, dramatic changes in environment and its requirement from society/stakeholder how to deal with environmental preservation has resulted in the revised version of the 2050 vision report.

The revised edition is based on the results of scenario analysis, recommended by TCFD, Task Force on Climate-related Financial Disclosures and rearranged the targets into two main factors, “Decarbonization” and “Aim for zero environmental impact”, and set the new milestone goals for 2030.

Key goals set by “K” Line in its reviewed Environmental Vision 2050:

  • Cut total GHG emissions by 50 per cent by 2050 and improve CO2 emission efficiency by 70 per cent since 2008.
  • Be the transporter and supplier of new energy to support the decarbonisation of society.
  • Replace the majority of energy currently consumed with new energy sources by 2050.
  • Reduce the shipping operation’s environmental impact on the sea and air to as close to zero as possible, including the elimination of oil spills.
  • Be the shipping industry leader in ecosystem protection by increasing environmental dialogue and activities.
  • Actively seek new fuels and technologies that will enable operations with zero GHG emissions.

By 2030, “K” Line aims to:

  • Improve CO2 emission efficiency by 50 per cent compared with 2008, surpassing the IMO target of a 40 per cent improvement.
  • Step up energy efficiency improvements, including navigation efficiency, performance analysis, energy-efficient equipment, optimal operational support.
  • Step up incorporation of LNG-fuelled carriers.
  • Contribute to the demonstration and proliferation of the Seawing automated kite systems (auxiliary wind propulsion systems).
  • Consider and install other new technologies.
  • Develop and expand new businesses that contribute to a low-carbon society.
  • Identify customer needs and be an environmental frontrunner with an organisational structure facilitating exploration of new businesses.
  • Strengthen short-sea renewable energy businesses.
  • Train personnel in new fuels and technologies.

Click here to read the full report.