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Quarterly environmental statements

Eimskip's environmental results for the third quarter show that total emissions remained unchanged compared to the same period in 2023. This stability is primarily due to some oil withdrawals from the larger vessels, Dettifoss and Brúarfoss, occurring in this quarter instead of the second quarter. However, a decrease in total emissions of 2%-4% is expected in 2024 compared to 2023. Notably, Scope 2 emissions decreased by 23% compared to the third quarter of 2023, although electricity constitutes a small part of total emissions, making these changes more volatile. This reduction is attributed to lower electricity consumption in Sundahöfn compared to last year's quarter.

Throughout this year, Eimskip has undertaken various projects to reduce its environmental impact. For instance, Lagarfoss underwent maintenance, including applying special paint to the ship's keel, which reduces resistance during voyages and contributes to environmentally friendly operations by lowering oil consumption.

At the beginning of the summer, a new ship crane named Bára, powered by electricity like other cranes in Sundahöfn, was introduced. This investment aims to enhance customer service with a more reliable sailing system, increasing the capacity for loading and unloading containers in Sundahöfn and reducing the time vessels spend in port. Consequently, this allows for reduced shipping speeds, further decreasing the environmental impact of container shipping.

Two new trucks powered by green methane have been added to the fleet, bringing the total number of green energy vehicles to ten, including six methane-powered vehicles. Methane, a natural gas derived from food scraps, is sourced from Gaja, Sorpa's gas and composting facility.

A new waste sorting station was also introduced at Sundahöfn in the first half of the year, improving working conditions for employees and providing a better overview of valuable materials that can be reused or recycled. This quarter, the recycling rate reached 99%, up from 78% in the same quarter last year. These improvements are partly due to better working conditions and changes in mixed waste management, where mixed waste is now used for energy production instead of being sent to landfills.

Environmental statement by quarter

Greenhouse Gas Emissions Unit Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024
Scope 1 tCO₂e 69,775 70,181 72,058 61,566 68,184
Scope 2 (location-based) tCO₂e 585 527 412 425 448
Total Scope 1 and 2 (location based) tCO₂e 70,360 70,708 72,470 61,991 68,632
Scope 3 tCO₂e 43 65 45 41 34
Total Scope 1,2&3 emissions (location-based) tCO₂e 70,404 70,773 72,516 62,032 68,666
Nasdaq: E1|UNGC: P7|GRI: 305-1,305-2,305-3|SASB: General Issue / GHG Emissions|TCFD: Metrics & Targets
             
Water consumption Unit Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024
Total water consumption 58,839.3 69,491.2 76,140.9 83,856.6 58,164.8
  Cold water 9,908 7,036.8 7,584.2 9,684.9 10,272.2
  Hot water 48,931.3 62,454.4 68,556.7 74,171.8 47,892.5
Nasdaq: E6|GRI: 303-5|SDG: 6|SASB: General Issue / Water & Wastewater Management
             
Waste treatment Unit Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024
Total waste generation kg 346,672 341,019 279,395 247,569 264,464
  Sorted waste kg 271,305 260,767 207,807 184,964 204,980
  Unsorted waste kg 75,367 80,252 71,588 62,605 59,484
  Recycled waste kg 271,016 257,306 269,190 242,568 262,716
  Disposed waste kg 75,656 83,713 10,205 5,001 1,748
Percentage of waste sorted % 78% 77% 74% 75% 78%
Percentage of waste recycled % 78.2% 75.5% 96.3% 98% 99.3%
 
Paper management Unit Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024
Total weight of printed papers kg 1,038 1,720 1,637 1,783 1,239
Total amount of printed paper pages 178,109 294,981 275,169 285,207 206,297
  of which color print pages 29,841 49,636 52,837 72,081 41,957
  of which black/white print pages 148,268 245,345 222,332 213,126 164,340