Hempel to advocate for accelerated decarbonization at COP27

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Global coatings leader Hempel A/S is looking to add its voice to important conversations related to decarbonization at the ongoing UN COP27 climate summit in Sharm el-Sheikh, Egypt.

Attending the summit for the first time as part of the Danish pavilion at COP27, Hempel aims to support and push for accelerated decarbonization, particularly in the maritime and renewable energy industries.

“The climate crisis is an urgent global challenge. No one can stand alone in this situation. I am proud that Hempel is at COP27 to participate in conversations about how we can accelerate the move of the needle towards a decarbonized future. We already have the technologies, and now is the time to implement those solutions,” said Michael Hansen, President and CEO of Hempel Group.

Hempel’s sustainable coatings solutions enable their customers in the renewable energy and maritime transport sectors to reduce emissions. Our premium ship hull coating has already delivered fuel savings equivalent to 27 million tonnes of CO2 in over 3,000 applications*.

After approving the science-based targets, we will share our current practices for turning our ambitions into action and call on partners to share how we can accelerate the path to reducing carbon emissions in our own value chains.

“We strive to put sustainability at the heart of everything we do. Like all companies, we have a responsibility to reduce the emissions generated by our activities and the amount of resources we use. To this end, our science-based targets will see us reduce our scope 1 and 2 emissions by 90% by 2026. We are also tackling our scope 3 emissions, committing to a 50% reduction on our entire value chain by 2030,” says Hansen. .

Hempel’s presence at COP27:

  • November 16: Roundtable with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, Danish Maritime Authorities, Topsoe and MAN Energy Solutions – Regulation as a key catalyst for maritime decarbonisation in the Danish pavilion
  • November 17: Roundtable with Velux and Carbon Trust – Moving from commitments to tangible solutions in Scope 3 in the Danish pavilion
  • November 17: Roundtable with Velux and Carbon Trust – Moving from commitments to tangible solutions in Scope 3 in the Nordic pavilion

*Savings from the 3,000 ship applications were calculated by estimating the fuel savings of each Hempaguard application against a market average coating, based on average market figures from the 4th IMO GHG Study. For Hempaguard applications, consumption, activity, time to next drydock and relative savings from the IMO GHG study are estimated and the impact of the full DD cycle is summarized in the year of application Hempaguard, where the choice of coating and therefore the fuel savings decision is made.

Image Credit: State of Greenery

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