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Hapag-Lloyd signs climate deal with DB Schenker

PRESS RELEASE

March 25, 2015: Hapag-Lloyd and DB Schenker are now working together to protect the climate. The two companies today signed a strategic partnership agreement that aims to reduce CO2 emissions. The agreement sees Hapag-Lloyd commit to reducing the CO2 emissions for each and every DB Schenker shipping container it transports by six per cent on the 2014 figure by 2020.

With the six-year partnership, both companies are reinforcing their commitment to the environment and to sustainable business practices. "As one of the world's leading liner shipping companies, environmental protection has a high priority for Hapag-Lloyd," emphasises Chief Operating Officer Anthony J. Firmin.

Hapag-Lloyd already reduced its emissions by around 34 per cent between 2006 and 2013. "For us, the strategic partnership with DB Schenker is the logical next step when it comes to further reducing CO2 emissions along the entire transport chain.

"With this commitment, we are documenting the importance of climate protection and CO2 reduction at DB Schenker and Deutsche Bahn," says Dr Karl-Friedrich Rausch, Member of the Management Board of DB Mobility Logistics AG responsible for the Transportation and Logistics Division, and the Member of the Deutsche Bahn Management Board responsible for sustainability. "DB Schenker is helping the Deutsche Bahn Group to achieve its aim of reducing specific CO2 emissions by 20 per cent between 2006 and 2020."

In order to make further cuts in fuel and energy consumption, Hapag-Lloyd is employing a raft of technical applications and various measures, both at sea and on land. At the heart of its efforts are targeted investments in lighter containers and new fuel-saving vessels. With an integrated environmental management system, the Company is also able to precisely determine the environmental impact of every single container transported at all stages of the transport chain.

Hapag-Lloyd has long been seen as a pioneer in environmental protection within the liner shipping industry. Last year, the Company's Executive Board enacted guidelines that specifically cover the environmentally friendly disposal of old ships.

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