Tuas Port is currently the world’s largest automated container terminal, ahead of its expected completion in the 2040s. But PSA’s push for digitalisation and sustainability began long before the port opened.
One early milestone: The launch of electric yard cranes, which help reduce carbon emissions of up to 60 per cent compared with diesel-powered ones, at Pasir Panjang Terminal in 2000.
Now, PSA has set its sights on a bolder goal – achieving net zero by 2050.
Net zero is the state in which the amount of man-made carbon emissions released equals the amount removed from the atmosphere.
While it does not manage PSA’s day-to-day operations, Temasek collaborates closely with the portfolio company on its sustainability journey, says Ms Teo.
Since 2020, the terminal and port operator has been making steady strides towards its net zero goal, says Mr Ong Kim Pong, group chief executive officer of PSA International.
Its sustainability efforts continue with Tuas Port, where “PSA is leading the charge in green port initiatives, including electrification of port equipment, adoption of cleaner fuels and energy-efficient buildings”, he adds. PSA is also exploring cleaner energy solutions for Singapore, focusing on areas such as the importation, transportation, and storage of hydrogen.