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01/03/2023

ABP Launches New Sustainability Strategy

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Associated British Ports (ABP) has launched its wide ranging new sustainability strategy, Ready for Tomorrow (RFT), supported by a plan to invest around £2 billion in decarbonising its own operations by 2040 at the latest and in major infrastructure projects to enable the wider UK energy transition.

Ready for Tomorrow looks both internally at ABP's own operations and outwards, to building greater partnership and collaboration to meet the challenges and grasp the generational opportunities of sustainability.

Henrik L. Pedersen, ABP’s Chief Executive Officer, said: "Climate change is an era-defining challenge, but it is also an opportunity to scale innovative new industries to leave an optimistic legacy for generations to come.

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"ABP is ready for tomorrow. We are committed to working together with industry partners and authorities to turn this generational crisis into a generational opportunity: to create a decarbonised, dramatically more sustainable future and deliver the significant investment, economic growth and thousands of new, good jobs that should come with it."

For ABP's own operations Ready for Tomorrow identifies five focus areas for action: Net Zero, air quality, biodiversity, waste and water management. Each focus area has a programme of action plans - including action ideas from ABP’s employees in our ports and other locations – to achieve ambitious but credible targets. This includes a commitment to reach Net Zero from ABP’s own operations (Scopes 1 and 2) by 2040.

Ready for Tomorrow embraces the fact that ports, and in particular ABP, as the UK's largest ports operator, have a vital and unique enabling role for a range of major decarbonisation and sustainability projects. For ABP this includes continuing to develop its leading offshore wind manufacturing and support hubs in the Humber and East Anglia, as well as more than doubling its own green power generation.

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