Reducing Environmental Impact: A Responsibility We Embrace

Environment

Our Climate Strategy

Our climate strategy shows our ambition and commitment to be a leading company in the transition to greener shipping. We have strengthened our governance framework and disclosure, and introduced enhanced targets to succeed in our ambition to combat climate change. Reducing emissions and striving for an energy transition towards renewables will be at the core of our actions for the years ahead.

Our industry is confronted with the most significant challenge it has ever faced. We believe it can be navigated successfully, thanks to changes in technology and innovation, supported by cross-industry collaboration and regulations. We work on various fronts to deliver immediate impact and long-term solutions. We seek to drive the business towards net zero by 2050.

Our Climate Strategy

To achieve climate change ambitions, Hafnia introduced five climate strategic pillars including enhanced commitments and emission targets.
In the long run, we prioritise building a successful, sustainable business, reducing emissions and increasing investments in renewable energy and new low carbon solutions.

Our 5 Climatic Strategic Pillars

Climate Change is prioritised from the top. The governance of our ESG and climate strategy is anchored with the Board of Directors, which oversees climate-related issues and progress on all our climate-related initiatives.

Reducing Emissions  

­ Achieving the 2030 IMO Target Sooner

In the short-term, Hafnia plans to deliver at least a 40% CO2 reduction by 2028 on scope 1 emissions – compared to the 2008 baseline – meeting the IMO’s 2030 targets ahead of schedule.

Multiple scenarios were positively tested, allowing Hafnia’s intention to comply with IMO’s 2030 targets by 2028. These scenarios include a combination of energy savings measures, including physical energy-saving devices and selling and replacing vessels with more energy-efficient vessels.

 

­ Improving Emissions Transparency

Hafnia has developed a tool in collaboration with DNV to receive estimates on carbon emissions for each voyage ahead of time, enabling us to consider the environmental impact on the  operations of our vessel, obtaining an accurate summary of emissions on completion of the voyage.

This provides improved transparency on carbon footprint, and in making informed choices relating to decarbonisation.

­ Optimising Our Vessels Performance 

Hafnia has implemented numerous energy-saving initiatives, resulting in overall fuel savings and improved efficiency. Our vessel optimisation measures are an integral part of our efforts to improve air quality by minimising emissions to air. We constantly monitor and optimise voyages using digital systems such as Coach and Smartship,  implementing corrective measures to improve vessel performance when required. We are also implementing physical energy-reducing devices on all applicable vessels following calculation of the effect and validity of each ship. Energy Saving Initiatives

 

­ Driving the Business Towards Net Zero by 2050

Our priority is to build a successful business, playing our part in the energy transition by reducing emissions from our operations, scaling up renewable energy investments, and leading in building new low-carbon solutions for shipping. We seek to drive the business towards net zero by 2050. We will work with our suppliers, customers, and authorities to align with TCFD recommendations and develop technologies, business models, policies and frameworks that contribute to an energy transition, supporting the Paris Agreement’s goals.

­ Leading Long-Term Industry Changes

As part of our commitment to innovation, Hafnia is continually exploring alternative fuels and more environmentally friendly solutions.

Adopting Liquefied Natural Gas (LNG) as a fuel was one of the first steps to address our ambition for a greener future.

Hafnia has also partnered with Arq to accredit and introduce Arq Fuel as a key blend component for marine fuels as well as successfully concluded several tests of Biofuel.

In 2022, Hafnia announced its collaboration with Clean Hydrogen Works (CHW) to explore the development of a new clean hydrogen ammonia production and export project, located on the west bank of the Mississippi River in Ascension Parish, Louisiana.

Adopting Liquefied Natural Gas (LNG) as a fuel provides significant benefits, improving overall air quality and reducing GHG emissions.

In 2023, four Hafnia Aframax LR2 tankers, equipped with high-pressure LNG propulsion technology will be delivered. Vessels are expected to emit negligible Sulphur Oxide and particulate matter as well as reduced Nitrogen Oxides emissions by 85% and GHG emissions by 23%. 

In 2022, Hafnia announced its collaboration with Clean Hydrogen Works (CHW) to explore the development of a new, global-scale, clean hydrogen ammonia production and export project, Ascension Clean Energy (ACE).
This project aims to capture up to 98 percent of CO2 emissions from its processes and will provide a cost-effective, scalable pathway to supply carbon-free energy.

Read More

Minimising Environmental Impact: Biodiversity and Waste Management

The ocean is a precious resource, supporting life around the world and enabling us to conduct our operations. We are committed to responsibly managing our environmental impacts, including those relevant to biodiversity, air quality, affluents and waste.

This commitment is supported by our environmental management system, which aligns with the ISO 14001 environmental management system standard.

Our EMS reduces impact to the environment via continuous improvement to environmental management. It applies to all Hafnia employees across vessels and complies with the latest ISO 14001 Environmental Management Standard.
It is built upon our environmental policy, included as part of our safety management system.

Read More About Our EMS Policy Here

Reducing Waste and Pollution

­ Spill Prevention and Response

We strictly comply with relevant global regulations, such as the Oil Pollution to Sea, Chemical Pollution to Sea, Sewage Pollution to Sea, Garbage Pollution to Sea, as well as Ballast Water Management Convention.

 

­ Responsible Ship Recycling

Our objective is to dispose ships in a safe and environmentally friendly manner. Recycling of our vessels shall be performed at a reputable and certified recycling facility and demolition facility, and must hold a valid Class issued Statement of Compliance with the Hong Kong Convention 2009 or the EU Regulation 1257/2013.

Find our Ship recycling Policy and implementation plan here

 

­ Reducing Plastic and Garbage

Our long-term approach to taking care of the environment also includes contributing to the reduction of plastic use for a circular economy. We are continually working to reduce plastic waste created by our operations. In line with MARPOL Annex V and local regulations for the prevention of pollution by garbage from ships, all our vessels carry a garbage management plan, which includes written procedures for minimising, collecting, storing, processing, and disposing of garbage, including the use of the equipment on board.

Our policies aim to protect the environment and ecosystems we operate in.

As a shipping company, we are aware of our impact on marine biodiversity. We aim to minimise harm to the environment and the ecosystem under water and strictly comply with regulations and industry norms. Being a leader in shipping, we explore technology and innovation to preserve biodiversity with a long-term view. 

Our Actions

­ Avoiding Invasive Species from Ballast Water 

Hafnia has invested in modern systems to manage ballast water so that aquatic organisms and pathogens are removed or rendered harmless before the ballast water is released in a new location. This helps prevent the spread of invasive species as well as potentially harmful pathogens. Most of our vessels (91%) are fitted with a Ballast Water Management meeting regulatory requirements.

By the year 2023, all ships will be installed with approved Ballast Water Treatment Systems (BWTS).

­ Minimising Operations in Marine Sensitive Areas 

We advise all our vessels for compliance with mandatory seasonal speed reductions or path avoidance for protecting whales in specific zones.

Information is disseminated to all vessels as soon as received from authorities and compliance is verified during internal & external inspections.