DP World intends to invest US$500m to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next five years, which equates to a 20% reduction from last year’s levels.
The company’s plans include replacing its global fleet of assets from diesel to electric, investing in renewable power and exploring alternative fuels.
The Dubai-based company is targeting becoming a carbon neutral enterprise by 2040 and net zero carbon enterprise by 2050.
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