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Wednesday, November 13, 2024

ICTSI achieves carbon neutrality at TecPlata

TecPlata S.A., a subsidiary of International Container Terminal Services, Inc. (ICTSI), has made history as the first port in Argentina to achieve carbon neutrality certification. This achievement underscores the company’s commitment to reducing its environmental footprint and promoting sustainable practices.

TecPlata S.A. (TecPlata), International Container Terminal Services, Inc.’s (ICTSI) Argentinian subsidiary, has become the first port in the country to obtain carbon neutral certification.

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The certification underscores TecPlata’s commitment to reduce its carbon footprint, promoting responsible resource use, and offsetting unavoidable emissions through certified carbon credits, which support the development of renewable energy sources. The company’s greenhouse gas (GHG) emissions will be monitored annually.

“This certification is a testament to TecPlata’s dedication to minimizing our environmental impact. By reducing and offsetting our carbon footprint, we contribute to the protection of our planet and, at the same time, promote the use of renewable energy,” said Juan Pablo Trujillo, TecPlata chief executive officer.

TecPlata’s certification aligns with its broader sustainability initiatives, including waste management, efficient water use, and emission reduction. The certification process followed the international standards set by the GHG Protocol and ISO14064-1, with support from Carbon Neutral+.

The company acquired carbon credits certified by Verra’s Verified Carbon Standard (VCS). These credits are linked to the Manantiales Behr Wind Farm project in Argentina and owned by YPF. The project involves the installation of wind turbines connected to the Argentine Interconnection System (SADI), which replaces electricity that would otherwise be generated by fossil fuel power plants.

TecPlata’s certification also aligns with the ICTSI Group’s decarbonization objectives, working towards a greener, cleaner future, and fostering opportunities for innovation and growth. ICTSI’s global mission includes creating a positive impact on its partner communities, leading environmental and social development programs.

Through the Comprehensive Climate Change Initiative, TecPlata supports ICTSI’s efforts to reduce GHG emissions from its operations (Scope 1) and purchased electricity (Scope 2) by 26 percent per container movement by 2030 (using 2021 as the baseline). This is a significant step toward achieving carbon neutrality for Scopes 1 and 2 by 2050.

TecPlata is the fifth terminal in the ICTSI Group to achieve carbon neutrality following Contecon Guayaquil in Ecuador, Contecon Manzanillo in Mexico, Rio Brasil Terminal and Tecon Suape in Brazil.

In October 2008, TecPlata S.A. was granted a 30-year concession to build and operate an all-purpose port terminal in the greater Buenos Aires area in Argentina by the Consorcio de Gestion del Puerto La Plata.

Built with an investment of $450 million, TecPlata is Argentina’s most modern container terminal with an initial capacity of 450,000 twenty-foot equivalent units (TEU) capacity, and capable of being extended of up to 1 million TEUs in the second phase.

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