Aligning global trade with environmental stewardship, DP World's ambitious strategy sets new standards for ocean health and sustainable development.
Published 06-10-24
Submitted by DP World
World Ocean Day, recognized each year on June 8, serves as a poignant reminder of the substantial environmental and climatic challenges that our planet currently faces. The alarming degradation of marine ecosystems—where 50% of the world’s coral reefs and 67% of mangroves have been lost, and 85% of fish stocks are under threat—highlights the urgent need for comprehensive strategies to sustainably manage and restore our oceans. Moreover, the looming threat of rising sea levels, which could affect over 200 million people by 2100, underscores the critical need for action.
The need for immediate action is clear; World Ocean Day is using 2024 to kick off its new multi-year action theme: Catalyzing Action for Our Ocean & Climate. In response, DP World has launched its Ocean Strategy for 2024-2030, an initiative that redefines the nexus between global trade and environmental stewardship, underpinning its leadership in the emerging Sustainable Blue Economy.
Visionary Leadership in Marine Conservation
A healthy ocean with restored biodiversity underpins a stable climate, sustainable communities, and long-term economic growth. DP World’s Ocean Strategy 2024-2030 is a profound testament to the pivotal role the ocean plays in global trade and environmental sustainability. The ocean carries 90% of the world’s traded goods through marine transportation, placing it at the very heart of DP World’s operations. The ocean sustains the livelihoods of 3 billion people, contributing 2.5% of global GDP.
Our strategy aims to execute on our vision, “A thriving ocean and stable climate supporting an equitable trade system, where nature and people flourish.” The mission is clear: “As a responsible business, we will leverage our global operations, assets and skills to actively engage in protecting and restoring the ocean, promoting good stewardship and empowering local communities for better future.”
A Strategic Blueprint for Ocean Health
DP World's strategy is anchored in four foundational pillars:
Global Commitments and Local Impact
The Ocean Strategy is integral to DP World’s broader “Our World, Our Future” sustainability framework, aligning with global initiatives such as the United Nations Sustainable Development Goals and the Sustainable Ocean Principles. It emphasizes locally adapted solutions, enabling DP World’s entities, especially ports and terminals, to implement tailored strategies that address specific local challenges and opportunities.
Empowering Communities and Raising Standards
Central to the strategy is DP World's commitment to community engagement and empowerment, aiming to forge robust partnerships with local governments, NGOs, and research bodies. The company is also dedicated to establishing new industry standards for sustainable ports worldwide, thus influencing broader industry practices.
Conclusion
DP World’s Ocean Strategy 2024-2030 is a bold integration of sustainability with global trade logistics, setting new benchmarks for environmental stewardship within the maritime industry. By aligning its business operations with ecological conservation and community empowerment, DP World is steering the global trade sector towards a more sustainable and equitable future. This strategic blueprint not only signifies a pathway for business growth but also serves as a fundamental framework for securing a healthier planet for future generations.
###
Trade is the lifeblood of the global economy, creating opportunities and improving the quality of life for people around the world. DP World exists to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally.
With a dedicated, diverse and professional team of more than 103,000 employees spanning 75 countries on six continents, DP World is pushing trade further and faster towards a seamless supply chain that’s fit for the future.
We’re rapidly transforming and integrating our businesses -- Ports and Terminals, Marine Services, Logistics and Technology – and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.
What's more, we're reshaping the future by investing in innovation. From intelligent delivery systems to automated warehouse stacking, we’re at the cutting edge of disruptive technology, pushing the sector towards better ways to trade, minimising disruptions from the factory floor to the customer’s door.
WE MAKE TRADE FLOW TO CHANGE WHAT'S POSSIBLE FOR EVERYONE.
More from DP World