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OVERVIEW

WHAT IS ONE LEAF+?

ONE LEAF+ is an additional service offered to enable customers to manage their Scope 3 GHG emissions.

ONE LEAF+, which stands for Low Emission-Able Freight, is a suite of solutions designed to assist ONE’s clientele in reducing the GHG footprint of their cargo. The "+" symbolize the advancement that ONE anticipates will result from decarbonizing the supply chain.

The selected Biofuel is UCOME (Used Cooking Oil Methyl Ester) which generates about 84% less well to wake CO2 emissions compared to VLSFO, 

ONE can share the corresponding verification statement which states that the biofuel consumed is ISCC certified, as well as a copy of the ISCC certification corresponding to the reference biofuel. The standard is not included on the certificate as it refers to the biofuel consumed and not the methodology for calculating CO2e savings.
 

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OUR GREEN STRATEGY

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VISION
To be a global leader in the realization of environmentally sustainable shipping

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MISSION
To achieve carbon net-zero shipping via best practices and open collaboration

Decarbonization Targets

Scope 1 emission reduction targets through shipping

Emissions intensity
To Reduce scope 1 GHG emissions by 70% per TEU km by 2030.

Absolute emissions
Achieve net-zero GHG emissions (including scope 2 & 3) by 2050.

Decarbonization Targets

Decarbonisation through ship recycling

Ship recycling
Ensure partner yards comply with the highest internationally-recognized standards. 

Environmental conservation
Ensure ZERO significant spills for all vessels.

KEY INITIATIVES
Decarbonisation with alternative fuels
01 - DECARBONIZATION
Green Investment 
  • Invest and upgrade hardware assets
  • Invest in green related technologies
  • Invest in green talents and expertise
Community Ecosystem Building
  • Call to Action for Shipping Decarbonization
  • Open collaboration activities such as GCMD, academic partnerships etc.
  • Supplier policy
 
Alternative Fuels
  • Develop alternative fuels roadmap
  • First alternative fuel ships to be deployed by 2030
  • Zero emission vessels AIP by 2023
Carbon Management
  • Deploy internal carbon pricing scheme
  • Develop low-carbon service offering
  • Study green related tech. such as CCS
 
Operational Efficiency
  • Further improvement of fuel efficiency and other programs
  • Vessel digitalization program

Scope 1 emission reduction targets through shipping
02- ENVIRONMENTAL INITIATIVES
Clean Ship Recycling
  • Frequent 3rd party audits of all dismantling sites used.
  • Join the Ship Recycling Transparency Initiative
 
Active Environmental Conservation
  • Ensure zero significant spills for all vessels;
  • Participate in ecological conservation programs;
  • Establish an Environment Fund to finance activities
GREEN ACTIONS

Various measures are on track, and actively progressing

CURRENT MAJOR ACHIEVEMENT:
>60%
Reduction of CI (Carbon Intensity)
(from 2008 to 2022, g/TEU-km)
 
 
STATUS AND PROGRESS IN 7 KEY INITIATIVES
Decarbonization initiatives

 
1
Green Investment
  • 20 methanol/ammonia ready vsls, delivery 2025/2026
  • 12 methanol dual-fuel vessels for delivery from 2027
  • AiP awarded for 3500 TEU Ammonia ready vessel
2
Alternative Fuels
  • Continued discussion with green fuel suppliers
  • Completed various Biofuel Trials 
3
Carbon Management
  • ONE Eco Calculator for accurate carbon accounting
  • ONE LEAF+ for customers released
4
Operations Efficiency
  • New function to monitor the exposure to EU ETS regulation
  • Continuous upgrade made on core operating systems
5
Ecosystem Building
  • Participation and sponsorships to various industry movements (e.g., Collaboration with GCMD)

Environmental initiatives

6
Ship Recycling
  • Preparation for sustainable and transparent ship recycling
  • Join the Ship Recycling Transparency Initiative 
7

Environmental Conservation

  • Active participation to ecological conservation programs
BOOK & CLAIM

Book & Claim  -  % Co2e Abatement

  • No physical link is required between the generation of the savings and the purchaser
  • Savings generated are completely disentangled from the vessel consuming biofuels (B24,B30)
  • ONE can sell “as if” the vessel carrying customer shipment was burning purely biofuel (B100)
  • B100 will generate approx 84% Co2e savings 
  • ONE may quote on B100 (84%) or B50 (42%) basis or even lower upto 10%, according to customer preferences
     
OFFER & PRICING

OFFER & PRICING

  • Emissions are calculated on WTW basis x TEU
  • Through ONE LEAF+ (UCOME) we can abate from 84% down to 10% of CO2e savings, according to customer’s preferences.
  • Price is created per TON/TEU based on formula, pls contact your local sales representative for further information
     
TECHNICAL SPECIFICATIONS
  • B24/B30 to be consumed on selected vessels.

     
  • Frequency (annually, quarterly, etc.) of Carbon Saving Certificates issuance & details to be agreed with customers
     
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