Coal, copper and zinc producer Teck Resources has teamed with transport firm Norden for an agreement that will reduce CO2 emissions in Teck’s steelmaking coal supply chain.
The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or up to 6,700 tonnes of CO2. The latter will achieve emission reductions with a range of solutions, including the use of fuel-efficient ships and alternative fuels such as biofuel in combination with an intelligent use of advanced data analytics to optimize vessel speed and routing.
“This innovative partnership with Norden is expected to reduce Scope 3 emissions associated with transportation of Teck’s steelmaking coal, reducing our carbon footprint and advancing progress developing green transportation corridors,” Teck CEO Jonathan Price said.
“Working with transportation providers like Norden to reduce emissions downstream of our business furthers our progress towards achieving our net zero by 2050 goal.” Norden CEO Jan Rindbo added that, with the initiative, it can now design customer-tailored freight emission contracts.
“Norden’s strategy of helping our customers decarbonize their supply chains means that we in addition to committing to carbon neutrality in 2050, have short to medium-term commitments, where our goal is to make carbon emission reductions towards 2030.”
As part of Teck’s Sustainability Strategy, Teck has goals to reduce carbon intensity across operations by 33% by 2030 and be a carbon-neutral operator by 2050.