RISK & RESILIENCE

DP WORLD ’ S EMISSIONS REDUCTION TARGET BY 2030

“ We looked at five-year increments starting from 2020 all the way to 2100 across three different climate scenarios : low , medium and high ,” continues Andy .

“ We analysed that across six different perils that would affect our assets : heat , cold , hail , precipitation , wind speed and flooding .”

The assessment encompassed the full spectrum of port infrastructure , from quay cranes and berths to terminal tractors and electrical substations . Human factors were also considered , particularly how increased humidity might affect the workforce .

To make the findings accessible and meaningful , the team developed a metric based on the percentage of impacted revenues .

“ If you peel back the onion ,” Andy explains , “ that is based on downtime at our ports ; peel back another layer , it ’ s based on downtime of our assets ; peel back one final layer , it ’ s based on the amount of times an asset class breaches a maximum operating threshold . For example , if wind speed is above 75km / h , we ’ ll have to tie down the quay crane .”

Researchers ’ granular analysis led to a reassuring conclusion . Based on data from 2020 and 2021 , the study projected that , even in a worst-case scenario , less than 0.5 % of DP World ’ s P & Ts revenue would be impacted through 2100 .

However , Andy emphasises the importance of ongoing assessment : “ That ’ s a good finding , but these kinds of insights are only as good as the data that comes in , so we ’ ll continue to refresh the study .”

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