President Hashimoto lays out at the Official Session of “First Movers Coalition” to create a Flow and Ambitiously Promote Decarbonization
Mitsui O.S.K. Lines, President & CEO Takeshi Hashimoto served as a panelist in a discussion of advanced technologies for decarbonization at the World Economic Forum held in Davos, Switzerland. The event ran from January 15-19, and MOL was the only Japanese shipping company to participate.
A video introducing FMC’s efforts and progress to date was also shown at the session, and includes an example of MOL’s (around 1:31).In the carbon dioxide removal (CDR) sector, in which MOL plays an active role through the FMC, a white paper called “Carbon Dioxide Removal: Best-Practice Guidelines,” was issued on January 2, and features comments by Koda, General Manager of MOL’s Carbon Business & Project Team, Energy Business Strategy Division, are introduced (on pages14, 15, 17, and 26).
In addition, MOL has applied for “TNFD (Task Force on Nature-related Financial Disclosures) Adopter”, a statement of intention to disclose information in accordance with the disclosure recommendations of the TNFD, and MOL was announced on January 16 during the World Economic Forum in Davos as one of the “TNFD Early Adopter”, which refers to companies and organizations that disclose nature-related information for either FY 2024 or FY 2025. On the same day, MOL Chief Environment Sustainability Officer, Watanabe attended a reception for registered companies, and engaged in a lively discussion with representatives of participating companies.
From left: TNFD Executive Director Tony Goldner,
MOL Chief Environment Sustainability Officer Tatsuro Watanabe,
and TNFD Co-Chair David Craig
MOL Group has positioned environmental strategy as a key element of its “BLUE ACTION 2035” management plan, and set the target of achieving net zero GHG emissions by 2050 in the “MOL Group Environmental Vision 2.2.” As a pioneering integrated shipping company, the group is committed to achieving net zero GHG emissions by introducing clean alternative fuels and pursuing the spread and promotion of negative emissions.
