News

EU ETS: strategies for mitigating risks and costs

– 6 June 2024

Description

The expansion of the EU Emissions Trading System (EU ETS) to include shipping marks a pivotal shift in how regulatory risk and carbon costs are managed across industries.

According to experts, companies must now go beyond basic compliance — integrating emissions strategy into their core operations to maintain competitiveness.

In a recent discussion, specialists from Vertis emphasized that success under the evolving EU ETS requires a multi-layered approach. Critical techniques include:

Precision emissions tracking and allowance procurement strategies

  • Operational refinements — such as optimizing charter contracts and improving energy efficiency
  • Investment in retrofit technologies (e.g. two-stroke engine upgrades) and fuel conversions to reduce carbon intensity
  • Active alignment of carbon compliance with business strategy, treating it as a competitive lever rather than overhead

In the full article for Riviera Magazine we discuss how these strategies apply across sectors beyond maritime, and identify actionable steps for regulated entities planning for the stricter carbon landscape ahead.

 

Read the full article