Roadmap to Net Zero

The world faces the crucial challenge of sustainability and the reducing GHG emissions, which is largely driven by carbon-intensive fossil fuel consumption. The transition to sustainable and renewable energy sources, such as solar and wind power, is essential to achieving net-zero emissions. While many green energy sources are renewable, not all renewable energy sources are considered green. Yet, shifting away from carbon-intensive industries calls for significant investment and collaboration across sectors.

We are actively contributing to this transition by cutting its operational carbon footprint and advancing green fuels in maritime operations. Committed to achieving net-zero emissions by 2050, with interim targets for 2033 and 2035, we are intentional in prioritising green fuels, particularly green methanol, to power our fleet. By retrofitting vessels like the Fugro Pioneer to run on green methanol, we are reducing reliance on conventional fossil fuels and cutting emissions significantly.

Using uncrewed surface vessels (USVs), which consume up to 95 % less fuel than traditional crewed vessels support the goals of this challenge. These innovations support offshore renewable energy projects, such as wind farm development and subsea infrastructure assessments, reinforcing Fugro’s role in promoting sustainable energy solutions.

By investing in green fuels and renewable sources, we are not only reducing our own emissions but also driving decarbonisation across the maritime sector and are part of accelerating the global shift towards a low-carbon, sustainable future.

Renewable energy is pivotal in the fight against climate change, particularly in reducing carbon dioxide emissions to keep and preserve biodiversity. Solar panels, in particular, have become a key technology in harnessing solar energy for electricity generation. Wind and solar power have become increasingly cost-competitive with fossil fuels in many countries, making them viable alternatives. Utilising renewable energy can cut GHG emissions by up to 80 % in the electricity generation sector alone. Renewable energy can power electric vehicles, significantly reducing emissions in the transportation sector. For instance, Canada has set an ambitious target to generate electricity from non-emitting sources, aiming for 90 % of its electricity produced to come from renewable sources by 2030. The widespread adoption of green methanol and other green fuels is also crucial for decarbonising the energy sector and reducing reliance on natural gas. The continued expansion of green methanol in maritime and industrial applications will contribute significantly to achieving net-zero emissions. The transition to green methanol is key to reducing carbon-intensive processes, fostering a shift towards cleaner, sustainable energy solutions. The widespread adoption of renewable energy technologies is essential for transitioning to a low-carbon economy. These technologies not only reduce greenhouse gas emissions but also provide a sustainable and reliable energy supply.

Net zero emissions is where the amount of GHG emissions released into the atmosphere is balanced by the amount removed or offset. This goal also necessitates the development and deployment of carbon capture and storage technologies, as well as the utilisation of natural carbon sinks such as forests and oceans. Achieving net zero is essential for long-term sustainability, ensuring that economic growth and development can continue without causing irreversible environmental damage. By striving for net zero emissions, we can mitigate the adverse effects of climate change and work towards a more sustainable future.

Renewable technologies, such as wind and solar as well as hydropower, are crucial in reducing GHG emissions, a key factor in addressing the climate crisis. By replacing fossil fuels with cleaner energy sources, these technologies lower carbon emissions in electricity generation, transport, and industry. The widespread adoption of renewable energy reduces reliance on carbon-intensive energy sources like coal and natural gas, thus accelerating climate action. As these technologies advance, cost reduction makes them more accessible, driving further adoption and enhancing their effectiveness in combating the climate crisis.

Carbon capture technologies play a crucial role in mitigating emissions from harder-to-decarbonise sectors. These systems capture CO₂ from industrial processes, helping to reduce overall emissions. Expanding renewable capacity is essential in accelerating the transition away from fossil fuels, ensuring a more stable and sustainable energy supply. Emerging innovations like the uncrewed surface vessel also contribute by reducing fuel consumption and emissions in maritime operations. Increasing renewable capacity supports energy security by diversifying energy sources, creating a more resilient energy system for the future.