News

With solid results and continued growth in 2023, the Danish transport and logistics company Scan Global Logistics successfully navigated a dynamic market landscape characterised by uncertainty and constant change. This is shown in the numbers from the company's annual report for 2023, which has just been published.

The Sustainability Report 2023 is out, highlighting our initiatives within the Environment, Social and Governance scope.

Many companies aim to reduce their CO2 emissions to achieve their climate targets. At the beginning of the year, our long-standing customer, Danish Pamatek, purchased ocean biofuel for all their expected ocean freight from China in 2024 upfront. Their decision is a commitment to reducing their ocean freight emissions by 100%, and in doing so, they will also benefit from avoiding the EU ETS surcharge on ocean freight. Their commitment confirms that CO2-neutral transport is becoming increasingly crucial for competition.

We are pleased to announce that we have again achieved an A- rating from the Carbon Disclosure Project (CDP), reaffirming our position as a leader in sustainable practices and environmental stewardship. This recognition underscores our steady dedication to sustainability and climate action.

We have set ambitious targets to reduce greenhouse gas emissions as part of our commitment to diminish climate change and promote environmental sustainability. A new solar park in Northern Denmark marks a significant step towards achieving these goals.

Following the successful entry in Kenya, Scan Global Logistics has opened its second office in the country in the coastal city of Mombasa. As the major port of discharge in the region, the seaport serves as the gateway to East and Central Africa. In collaboration with the existing Nairobi office, the dual representation will enable SGL to compete effectively with industry leaders and provide customers with competitive local and regional logistics solutions.

As we enter the third month of attacks on commercial vessels in the Red Sea by Houthi rebels, the outlook for a resolution to the ensuing conflict looks further away than ever

With the erection and installation of 32 turbines in the North Luzon region of the Philippines, in close collaboration with a valued industrial project customer, we have constructed the largest wind farm project in the country to date. Despite encountering challenges due to the challenging circumstances in the mountainous area, the 160 MW project is now completed, and another is ongoing.

It would be a fair statement that the start of 2024 has been anything but quiet, and our stability temperature monitor is edging ever closer to code red.