The Port of Virginia is a critical global supply chain enabler. Our business is moving containers and cargo, and we do that in a sustainable, efficient way.
We have made significant modernization investments that are instrumental to achieving our long-term decarbonization goals.
Our strategy focuses on protecting our local communities and environment through fundamental changes in how we operate. With the implementation of a progressive environmental program, our operations will achieve net-zero carbon emissions by the year 2040. Our goal includes a 65% reduction in greenhouse gas emissions and operating with 100% renewable energy by 2032.
These goals represent our commitment to our communities, customers, and our supply chain partners using a collaborative approach to achieve net-zero carbon emissions.
Decarbonizing Our Operations
The Port of Virginia benefits from a unique operating model known as the “Virginia Model.” We own and/or operate six marine and general cargo terminals, along with the associated terminal-handling equipment and intermodal truck chassis. Our business model enables us to ensure our decarbonization strategy and goals remain aligned across all operations and throughout the organization.
We are transitioning to renewable energy sources across all port operations, reducing fuel emissions, and investing in zero-emission technologies that will help us achieve our target of net-zero emissions by 2040.
Net-Zero Carbon Emissions by 2040
Our operations are essential to delivering containers and cargo to the rest of the world. Our goal is to operate with net-zero emissions, reducing our impact on global climate change. We have made measurable progress in reducing our CO2e emissions, achieving an overall reduction of 32% since 2017. Our strategy includes short, medium, and long-term targets to achieve net-zero emissions. Key objectives of our strategy include:
- Electrification of assets
- Zero-emission technology
- Purchase of clean energy to power our operations
We are committed to doing our part to ensure a cleaner tomorrow, serving as an environmental steward to our neighbors and our planet.
Our comprehensive strategy focuses on where we can make the most significant improvements in decarbonizing our operations. We recognize the importance of our role in industry and innovation, doing our part to reduce climate change, and ensuring we protect life below the water and along our shorelines.
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