Environmental Initiative Aims to Decarbonize International Logistic

Mitsui O.S.K. Lines,  announced that it has become the first Japanese company to join the board of the Book and Claim Community  an environmental initiative engaged in decarbonizing international logistics.

The BCC will pursue the development of the Book and Claim  methodology for decarbonizing logistics and strengthen information sharing and collaboration among organizations and companies around the world working toward decarbonization. MOL’s highly regarded past activities as a first mover towards decarbonization in the shipping industry and its “Carbon Inset” ^{(Note 3)} initiative, which allocates GHG emission reductions as tokens, led to its participation in the BCC.

New board members MOL, Meta, NORDEN, and UPS join founding board members Amazon, Deloitte, DHL Group, Microsoft, Shell, and World Energy, bringing additional experience and energy into this existing group of leaders. ^{(Note 4)}

In collaboration with other board members, MOL will contribute to decarbonizing international logistics, while leveraging its Book and Claim expertise in the shipping industry.

The MOL Group identifies “Sustainability Issues” (Materiality) as key issues for sustainable growth with society through the realization of the Group Vision, and pursues initiatives to resolve environmental and other issues, based on the “MOL Sustainability Plan.”

Under the MOL Group Corporate Mission “From the blue oceans, we sustain people’s lives and ensure a prosperous future,” the group will continue accelerating these initiatives to become a strong and resilient corporate group that provides new value to all stakeholders and grows globally.