Norwegian RoRo Shipping Company Wallenius Wilhelmsen Launches Sustainable Green Financing Framework
Wallenius Wilhelmsen, a Norwegian roll-on/roll-off (RoRo) shipping and logistics company, has unveiled a new sustainable financing framework to promote green financing practices. The company’s goal is to reduce carbon intensity by 27.5% from 2019 to 2030, aligning with its commitment to achieving net-zero greenhouse gas emissions by 2040.
The company’s Sustainable Financing Framework 2025 outlines the terms under which Wallenius Wilhelmsen Group may raise financing through green bonds, loans, derivatives, as well as sustainability-linked bonds, loans, and derivatives. The company plans to allocate its green financing to dual-fuel capable vessels that align with the EU Taxonomy, closely monitoring developments in this area.
Transitioning from fossil fuels to low-carbon fuels is a key focus for Wallenius Wilhelmsen, with significant investments in new technologies, infrastructure, energy-efficient operations, and partnerships. The company believes that decarbonization represents a major opportunity and invites investors and lenders to join them on the journey towards net-zero emissions.
Wallenius Wilhelmsen’s sustainable financing framework is aligned with industry standards such as the Green Bond Principles, Sustainability-Linked Bond Principles, Green Loan Principles, and Sustainability-Linked Loan Principles, ensuring transparency and credibility in their financing practices.
In addition to its green financing initiatives, Wallenius Wilhelmsen has been investing in new vessels that are methanol and ammonia-ready, with a focus on dual-fuel technology. The company recently exercised options for additional methanol dual-fuel units, expanding its fleet to meet its emission reduction targets.
Currently operating 125 vessels on 15 trade routes, Wallenius Wilhelmsen is committed to sustainable practices and environmental stewardship in the shipping industry. The company’s efforts towards decarbonization and green financing set a strong example for the maritime sector, showcasing the importance of sustainability in the transition to a fossil-free future.