It's just one of several steps we feel it's worth taking towards achieving carbon neutrality - especially in hard-to-decarbonise industries - on the long road to complete decarbonisation. What remains, however, are currently unavoidable emissions, some of which we wish to neutralize voluntarily through carbon We are pursuing a comprehensive programme of initiatives to reduce our carbon emissions, as a result of which our owned fleet's carbon intensity continues to reduce long term.

Since November 2021, we offer our customers the option of voluntarily offsetting voyage emissions from the transportation of your cargoes on our PB vesselsĪt Pacific Basin, we take the firm view that carbon offsetting does not absolve us of our responsibility to reduce and eventually.

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In the meantime, we are left with currently unavoidable voyage emissions reflected in the carbon footprint of your delivered cargo business activities to renewable energy by 2030 and achieving carbon neutrality by 2040. We target to operate a fleet comprising only zero-emission vessels by 2050, and we will only order newbuilding vessels when zero-emission-ready vessels are available and commercially viable in our segments.Those efforts will continue until we no longer have any ships running on fossil fuels Our investments and initiatives to improve our fleet's energy efficiency have over many years driven a reduction in our carbon intensity. MHI Group provides a wide range of products that support society, from power generation to industrial machinery and aerospace.

Pacific Basin offers Carbon Neutral Shipping There is no one-size-fits-all approach to the carbon neutrality Coexistence, or Tomoiki, helps us achieve a carbon neutral world Balancing the fight against climate change with ensuring adequate energy supplies.

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