To reduce climate footprint, fashion industries with many brands are now playing significant role, driving the demand for green shipping fuels.
United Nations Environment Program published a report recently saying the textile industry contributes 2% to 8% of global greenhouse gas emissions while they carry a huge volume of clothes from producing countries like China, Bangladesh and Vietnam to the consumer’s place around the World, causing carbon dioxide emissions.
But now, more fashion brands are looking forward to reduce their climate footprints. In 2022, H&M, the world’s second largest fashion retailer announced that they have produced eco fuel for a significant portion of its ocean transportation in the past two years even though it said the goal to achieve climate positivity’ by 2040. Nearly 1 out of 10 containers Maersk handled for owners of fashion brands last year was shipped using biofuels. Compared to standard fuel oil, biofuels have the potential to decrease emissions in container shipping by over 80%.