Emissions

EPS, and the industry, is focused on IMO 2030 and IMO 2050 which mandates a 40% and 50% reduction in Green House Gas (GHG) emissions. While these regulations are years away, there are options available today that will significantly reduce GHG emissions. EPS intends to drive the agenda for decarbonisation and the preservation of the environment by investing $1.8bn across 14 decarbonisation projects. 

With a fleet of over 21 million deadweight-tonnes across three segments, it is critical that we are able to quantify the environmental impact of our CO₂ emissions. These metrics allow us to benchmark our performance against ourselves and the industry. Our findings will be available to our peers so they too can benchmark their fleet efficiency, thus allowing the industry to collectively find best practices that reduce CO₂ emissions well ahead of IMO 2030 and 2050. Download the 2023 EPS ESG Policy to learn more about our commitment to lowering our carbon footprint.