ESG Report 2022: Svanehøj fuel pumps will help save 38.8m tons CO2
In Svanehøj, we proudly say that we have the expertise, the solutions, and the potential to contribute to the green energy transition in the maritime sector. Now, we also have the data to show that we are already making a significant difference today.
As part of our ESG reporting, we have conducted a Product Impact Assessment to calculate the contribution to decarbonization from our DW Fuel Pumps for LNG. Vessels ordered in 2022 with Svanehøj DW Fuel Pumps are expected to achieve an overall lifetime (25 years) saving of 38.8M tons of CO2 compared to similar vessels with HFO propulsion. It corresponds to more than half of Denmark's annual consumption-based CO2 emissions.
"Our first ESG report is a massive milestone, but we have just started our journey. In Svanehøj, we offer a range of products that significantly contribute to reducing ships' GHG emissions. But while we help our customers reduce emissions, we, as a company, must also reduce our impact on the environment and become an inspiration for others to follow. We have put much effort into building a data-based framework for working strategically with ESG. In the coming years, we will work purposefully to improve our business in line with our ambitious ESG targets and our commitment to enable the green transition", says CEO Søren Kringelholt Nielsen.
Liquified gas will play a crucial role in the sustainable energy system in the future. At Svanehøj, we strive to become a globally-leading specialist in producing and servicing equipment for handling all types of liquefied gas – natural gas, biogas, and net zero e-fuels – now and in the future.
Want to know more?
Read all about commitment to sustainability and find our ESG Report 2022 at svanehoj.com/esg