Brazilian multinational Asia Shipping wins Carbon Free Seal for offsetting carbon emissions

Recently, decarbonization has become a strong and irreversible trend for businesses operating in foreign trade, seen as a strategy to reduce the impacts of global warming and the consequent climate change. Embarking on this journey, Asia Shipping, the largest logistics integrator in Latin America, has just won the Carbon Free Seal, a certification granted to companies, events or projects that demonstrate commitment to neutralizing their Greenhouse Gas (GHG) emissions.

According to Alexandro Ferreira, Compliance Manager at Asia Shipping, the company will make the initial scope compensation of 750 tons of carbon (TCO2), related to its 2025 activities.

“From this initiative, we will have all sources of emissions accounted for, including those that represent the largest amount, and the total to be compensated, with goals and reduction strategies.We have already chosen that this compensation will be made through carbon credits, certified by the UN, from a renewable energy project.In addition, as environmental cashback, for each ton of carbon neutralized, we will have a value reversed for the planting of native trees, which accounts for about 125” specimens, declares the executive.

Jirau Project

To offset its carbon emissions, Asia Shipping chose to direct its credits to the Jirau Hydroelectric Power Plant (HPP) project, the fourth largest electricity generator in Brazil, located on the Madeira River, 120 km from the capital Porto Velho (RO).

The main objective of the initiative is to produce electricity using a renewable source, replacing part of the thermal matrix present in the National Interconnected System (SIN) of energy transmission by the hydraulic matrix

renewable for more than 40 million people and has been developed with an optimized engineering approach that prioritizes the environment, through a continuous flow with minimal environmental impact, using special turbines to maximize efficiency.

Sustainability culture

Decarbonisation is an integral part of Asia Shipping's strategic planning for 2025. “We are part of an ecosystem whose contribution to the net zero race is crucial to curb the impacts of climate change.Leading by example and delivering value to our stakeholders, we will contribute to a more sustainable legacy for the next GENERATIONS of”, comments Alexandre Pimenta, Asia Shipping CEO.

To direct the sustainable objectives and foster a culture of social, environmental and integrity awareness, Asia Shipping has just inaugurated a new space on its website, totally dedicated to the ESG theme. The novelty further reinforces the company's transparency policy, which already had an exclusive Compliance tab on its website.