HONOLULU, Nov. 1, 2021 /PRNewswire/ -- Matson, Inc.
(NYSE: MATX), a leading U.S. carrier in the
Pacific, has published new long-term environmental goals in a
Sustainability Report 2020 Supplement that commit the company to
reducing fleet greenhouse gas (GHG) emissions by 40 percent by
2030, and achieving net zero fleet GHG emissions by 2050.
"We are committed to doing our part in helping the world
decarbonize and limit climate change," said Matt Cox, chairman and chief executive officer.
"We believe we have a responsibility to significantly reduce our
carbon footprint by lowering our greenhouse gas emissions and our
aim is to achieve these medium- and long-term goals by improving
fleet and operational efficiency.
"Matson is supporting efforts to create an industry-funded
research and development program to accelerate zero-carbon fuels
and technologies. While these transformative technologies develop,
we will continue to focus on improving the efficiency of our fleet
and terminal operations."
Other highlights of Matson's 2020 Supplement include:
- Environment: Reduced fleet GHG emissions by 23% since
2016
- Safety: Reduced shoreside lost time injuries by 10% from
2019
- Community: Achieved 2020 vessel schedule reliability of
98% in Hawaii service, 97% in
Alaska service and 92% in
Guam service
More information about Matson's sustainability goals and how it
plans to achieve them is available in its Sustainability Report
2020 Supplement posted online at:
www.matson.com/sustainability.
About Matson
Founded in 1882, Matson (NYSE: MATX) is a leading provider of
ocean transportation and logistics services. Matson provides
a vital lifeline to the domestic non-contiguous economies of
Hawaii, Alaska, and Guam, and to other island economies in
Micronesia. Matson also operates premium, expedited services
from China to Long Beach, California, provides service to
Okinawa, Japan and various islands
in the South Pacific, and operates an international export service
from Dutch Harbor to Asia.
The Company's fleet of owned and chartered vessels includes
containerships, combination container and roll-on/roll-off ships
and custom-designed barges. Matson Logistics, established in
1987, extends the geographic reach of Matson's transportation
network throughout North America. Its integrated, asset-light
logistics services include rail intermodal, highway brokerage,
warehousing, freight consolidation, Asia supply chain services, and forwarding to
Alaska. Additional information about the Company is available
at www.matson.com.
Forward-Looking Statements
Statements in this news release that are not historical facts
are "forward-looking statements," within the meaning of the Private
Securities Litigation Reform Act of 1995, including without
limitation those statements regarding environmental goals,
greenhouse gas emissions, and fleet and operational efficiency.
These statements involve a number of risks and uncertainties that
could cause actual results to differ materially from those
contemplated by the relevant forward-looking statement, including
but not limited to risks and uncertainties relating to the
availability and cost of carbon neutral fuels and technologies and
the impact of future and pending legislation and regulations,
including regulations related to greenhouse gas emissions and other
environmental laws and regulations. Forward-looking
statements are also aspirational and not guarantees or promises
that goals or targets will be met. For example, these
statements reflect our current business plans, and our ability to
achieve our goals and targets may be impacted by changes in demand
for our services or, in some cases, we may determine to adjust our
goals and targets or establish new ones to reflect changes in our
business. The company undertakes no obligation to update any
forward-looking statements, whether as a result of new information,
future events, or otherwise.
Investor Relations
inquiries:
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News Media
inquiries:
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Lee
Fishman
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Keoni
Wagner
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Matson,
Inc.
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Matson,
Inc.
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(510)
628-4227
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(510)
628-4534
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lfishman@matson.com
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kwagner@matson.com
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SOURCE Matson, Inc.