EU-ETS surcharge latest
From the 1st January 2024 the market-based mechanism to tackle greenhouse gas emissions within the European Union known as the EU Emissions Trading System (ETS) will be extended to shipping, triggering new emission linked surcharges.
EU ETS sets an annual absolute limit on greenhouse gas (GHG)...
Read more
Supporting sustainable fuel for air and sea freight
As we move into our second year of Sustainable Aviation Fuel (SAF) investment, with Air France, KLM, Martinair, it is great to see the successful transatlantic flight, greater SAF availability and increasing options for green sea freight transport.
The first transatlantic flight by a large pas...
Read more
EU Emissions Trading Scheme surcharge
The EU’s Emissions Trading Scheme (EU ETS) extends to container shipping from the 1st January 2024, with significant legal, commercial and financial consequences for carriers and a new surcharges for shippers.
Under the EU ETS carriers will purchase a capped number of permits, known as ...
Read more
Government committed to SAF
As part of the UK’s net zero commitment the government is supporting a variety of technology, fuel and market-based measures to address aviation emissions, with particular commitment to sustainable aviation fuel (SAF).
The government recognise sustainable aviation fuel (SAF) as crucial to ef...
Read more
Scope 3 emission reporting cannot be ignored
Last November, the EU adopted the Corporate Sustainability Reporting Directive (CSRD), with fines and penalties for those failing to disclose their indirect (Scope 3) emissions. The phase-in period for CSRD begins on the 1st January 2024 and the UK has matched this timeline.
The directive incr...
Read more
Sea freight ECO initiatives and their impact on shippers
Just months after IMO 2023 launched, the International Maritime Organisation raised its carbon emissions targets, which will require more carrier investment and with the EU rolling out its emissions trading scheme from next year, shipping lines will be looking to recover a lot of costs from shipp...
Read more
EU’s carbon border initiative threatens 40% tariffs
The introduction of the EU carbon border adjustment mechanism (CBAM) places reporting responsibilities on companies trading with the bloc in carbon-intensive products from the 1st October 2023 and businesses will have to buy certificates to cover emissions embedded in products from 2026.
With ...
Read more
Sustainability in the supply chain
Sustainability is good for business, because it builds brand value, meets consumer expectations, attracts talent and creates new opportunities, which is why Metro has been certified Carbon Neutral for two years and why we share the most important developments in sustainability.
Despite todayâ€...
Read more
EU Emission target will cost shipping $Billions
With a goal of net zero emissions by the year 2050, the European Union is expanding its Emissions Trading System (ETS) to the shipping sector in 2024, which means container shipping lines will need to purchase emission allowances while investing in alternative fuels, with the increased costs like...
Read more
Survey confirms Metro’s strategy on environment
A survey by the British International Freight Association (BIFA) confirms that freight forwarders are coming under increasing pressure from customers to show evidence of decarbonisation, while those same customers need to get ready for carbon emission audits now.
The BIFA survey found that leg...
Read more
Sustainability is good business
As the effects of climate change intensify, the pressure on the food sector will increase over the coming decades, which is encapsulated by the FDF’s environmental ambition in creating a more sustainable food system.
Supply chain issues, labour shortages, threats to energy security and...
Read more
Delivering the sustainable future, today
Alongside customers in key verticals, including food, drink, cars and commercial vehicles, Metro is committed to the highest environmental standards, by maintaining carbon neutrality, investing in alternative fuels and supporting our customers with technology-enabled sustainable supply chains.
...
Read more