ELUXY AB Electrolux (PK)

By Dominic Chopping

STOCKHOLM--Electrolux AB said Wednesday that it will now use more sustainable fuels for 25% of its total sea freight as it works toward halving its transport emissions by 2025.

By partnering with shipping companies A.P. Moeller-Maersk AS and CMA CGM to use biofuel based on waste oils and liquefied natural gas, Electrolux said it will reduce its sea-transport greenhouse-gas emissions by 15% in 2022.

The agreement with Maersk involves using a second-generation biofuel that is a blend of used cooking oil and standard fuel which generates 88% less greenhouse gas emissions than bunker fuel and is certified as a sustainable fuel by the International Sustainability & Carbon Certification body, it said.

The agreement with CMA CGM will use a solution based on liquefied natural gas and guarantee of origin biomethane, reducing greenhouse gas emissions by 25% compared with bunker fuel, Electrolux said.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

March 23, 2022 07:13 ET (11:13 GMT)

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