Wallenius Wilhelmsen

Wallenius Wilhelmsen, headquartered in Norway and operating in sea and coastal water transportation services, is committed to reducing its carbon emissions and achieving net-zero across its value chain by 2040.

In 2021, Wallenius Wilhelmsen reported total emissions of approximately 6.13 billion kg CO2e. This included Scope 1 emissions of approximately 4.59 billion kg CO2e, Scope 2 emissions of about 5.88 million kg CO2e, and Scope 3 emissions of roughly 1.54 billion kg CO2e. Key categories within Scope 3 included fuel and energy-related activities (around 854.76 million kg CO2e), purchased goods and services (approximately 437.91 million kg CO2e), and capital goods (about 140.10 million kg CO2e).

The company has set Science Based Targets initiative (SBTi) approved near-term and long-term targets:

• Near-Term Targets (by 2030): Wallenius Wilhelmsen ASA commits to reducing absolute Scope 1 GHG emissions by 42% from a 2022 base year. Additionally, it aims to reduce well-to-wake Scope 1 and 3 GHG emissions from RoRo shipping operations by 44% per tonne nautical mile (equivalent to a 40% absolute reduction) from a 2022 base year. The company also commits to increasing active annual sourcing of renewable electricity from 7% in 2022 to 100% by 2030.
• Long-Term Targets (by 2040): Wallenius Wilhelmsen ASA commits to achieving net-zero greenhouse gas emissions across its entire value chain. This includes reducing absolute Scope 1 GHG emissions by 90% from a 2022 base year, and well-to-wake Scope 1 and 3 GHG emissions from RoRo shipping operations by 97.1% per tonne nautical mile (equivalent to a 96.4% absolute reduction) from a 2022 base year. Furthermore, the company commits to reducing remaining absolute Scope 3 GHG emissions by 90% within the same timeframe and continuing 100% renewable electricity sourcing beyond 2030.

The company also has additional commitments, including equipping all owned vessels for zero-emissions at berth by 2025 and introducing a net-zero emission end-to-end service by the end of 2027. They also aim for all energy to be from sustainable sources by 2050.