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Transportation


Nordic 260 response rate: Transportation Overall: 56% (9 of 16)


Key Industries within the sector: Marine (5 of 11); Airlines (2 of 3); Transportation Infrastructure (1 of 1)


Responders A.P. Moller - Maersk Copenhagen Airports D/S Norden DSV


Finnair Frontline Odfjell SE SAS


TORM


Largest non-respondents include: Stolt-Nielsen, DFDS, Norwegian Air Shuttle


Opportunities reported • Competitive edge in the event of global agreement on emissions regulation, given above-average fuel efficiency.


• New, shorter trade routes through the Arctic instead of via the Suez or Panama canals.


• Experience in coping with extreme weather.


• Reputational benefits for firms seen as responsible on climate change.


Risks reported • Threat of inconsistent national regulations due to uncertainty over global/regional agreements.


• Higher operational costs due to taxes on fossil fuels or emissions.


• Disruption due to more frequent and severe adverse weather, including flight cancellations in extreme cases.


• Reputational risks if not seen to be responding to the challenges posed by climate change.


Fig 30: Emissions disclosure (million metric tons CO2e)


(56% disclosed) Scope 3


(100% disclosed) Scope 2


(100% disclosed) Scope 1


0 10 20 30 40 50 60


Key actions • Improved design and maintenance of the fleet to increase fuel efficiency, e.g. waste heat recovery, improved aero/hydro dynamics, monitoring and calibration.


• Increased fuel efficiency in use, e.g. through slow steaming, continuous descent approach to airports, and improved voyage planning based on real-time weather data.


• Some use of renewable energy in operations as well as carbon offsets and carbon-free electricity in properties.


Performance indicators Average disclosure score Verification rate Scope 1 Verification rate Scope 2


Share with emissions reduction targets Change in emissions during 2010


Nordic 260 64


47% 38% 67%


+0.9%


Transportation 67


100% 78% 67%


-8.0%


‘Our focus on improving the climate and the environment has proven a competitive advantage when negotiating contracts.’


D/S Norden


‘SAS is offering its passengers carbon offsets for air travel and supporting the development and dissemination of green technologies.’


SAS


49


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