MOL has set a target to improve 5 per cent fuel-efficiency by the end of 2024. MOL believes that in the short-term, improving ship operational efficiency including ship’s ESD (energy sailing device) installations is the most effective and realistic solution.

MOL encourages the deployment of dynamic and innovative actions in daily operations, leveraging big data analysis and constant actual operation performance review. EcoMOL will stimulate these activities by collaborating with various stakeholders.

MOL also aims to further increase its group-wide human assets capitalising on the Filipino maritime experience.

MOL has set medium- to long-term targets of reducing GHG emissions intensity in marine transport by approximately 45 per cent by 2035 (versus 2019) and achieving net zero GHG emissions by 2050 with concerted effort throughout the group. Through five initiatives, including boosting operational efficiency (outlined in the figure above) in the MOL Group Environmental Vision 2.1, EcoMOL is expected to play a key role in achieving sustainable net zero GHG emissions and contribute to a low and decarbonised society.