ZIM Integrated Shipping Services : 2024 Annual Report 2024 ESG Report
ZIM
Published on 06/03/2025 at 15:19
ZIM ESG Report 2024 About ZIM Our ESG Strategy Planet People Prosperity & Governance Partnerships Indexes 1
About ZIM
Our ESG Strategy
Planet People
Prosperity & Governance Partnerships
Indexes 2
3 25
43 GG
Letter From Our President & CEO 3
PLANET
PEOPLE
PROSPERITY & GOVERNANCE
Letter From Our COO 4
Our Targets and Progress
2G
Our Targets and Progress
44
Our Targets and Progress
G7
About This Report 5
Managing our Environmental Impact
27
Our People
45
Values-Driven Growth
G8
Progressing on our Path to Decarbonization
28
Providing Great Working Conditions
4G
Implementing our Code of Ethics
G9
Tracking our GHG Emissions
29
Ensuring Safety
48
Corporate Governance
70
Our Decarbonization Strategy
32
Promoting Health & Wellbeing
50
Protecting Privacy & Cybersecurity
74
7
ZIM's Pathway to Net Zero
35
Creating a Healthy, Inclusive and
51
Dedicated to Customer Service
74
ABOUT ZIM
Supporting Our Customers on the Path to Decarbonization
3G
Marit-based Workplace
Providing Training & Education
55
ZIM at a Glance 8
Our Values Are Our Compass 10
Charting the Course 11
Protecting Marine Wildlife & Biodiversity 38
Supporting Food Security and Community G5
Creating Added Value for Our Customers 77
Managing Waste
37
Engaging with Our Employees
58
75
Water Use
37
Impacting the Community
G2
PARTNERSHIPS
Bridging Horizons with our Global Network 12
Setting Sail with Our Revamped Fleet 15
Complying with Decarbonization Regulations
40 Needs
Promoting Innovation at ZIM 79
Being Part of our Industry's Leadership
81
Partnerships & Industry Collaborations
82
19
OUR ESG STRATEGY
84
INDEXES
Our ESG Vision
20
Environmental Data Table
85
Our ESG Pillars
21
GRI Table
85
The UN's Sustainable Development Goals
22
SASB Table
87
Managing our ESG Approach
23
TCFD
88
Managing Our Climate Risks 41
Promoting Innovation Through Investment 80
Captured by Alex Ginzburg, ZIM HQ, Israel
About ZIM
Our ESG Strategy
Planet People
Prosperity & Governance Partnerships
Indexes 3
The past year, 2024, was filled with both significant challenges and remarkable achievements for ZIM. The geopolitical landscape has been turbulent, with conflicts and dramatic changes impacting many aspects of our operations. However, our commitment to Environmental, Social, and Governance (ESG) principles has remained unwavering, as detailed in our 2024 ESG report presented here.
One of our most notable accomplishments this year is the successful completion of our fleet renewal program. All 28 LNG vessels, with significantly reduced emissions, are now fully operational, part of
a total of 4G new state-of-the-art, efficient, and eco-friendly vessels in our fleet. This milestone not only enhances our operational effectiveness but also underscores our dedication to sustainable practices.
Our ESG efforts continue across all domains. We have made investments in companies that align with our core business and ESG values. These strategic investments demonstrate our ongoing commitment to fostering a sustainable future. We have expanded our cooperation with ESG-related organizations and joined new cross-industry initiatives to promote ESG in shipping. These collaborations are crucial to driving industry-wide progress and innovation in sustainability practices.
A special mention must be made of our investments in our employees. In 2024, we have provided unwavering support to our team members during emergencies and stressful times.
Our dedication to their well-being is a cornerstone of our ESG strategy, and we are proud of the positive impact we have made. Furthermore, we have increased our contributions to important social causes. Our focus on supporting medical centers and healthcare organizations has been a key priority. These efforts reflect our deep commitment to making a meaningful difference in the communities we serve.
It has been a year of resilience and progress. We have navigated through challenges with determination and have emerged stronger, with a continued focus on our ESG goals. I am confident that our dedication to these principles will drive our success in the years to come.
Eli Glickman
President & Chief Executive Officer
About ZIM
Our ESG Strategy
Planet People
Prosperity & Governance Partnerships
Indexes 4
As we reflect on 2024, we are proud of the significant strides we have made toward our sustainability goals and optimizing operational performance.
This year, ZIM's commitment to both operational excellence and environmental responsibility has been clearer than ever. We have successfully navigated a rapidly changing geopolitical landscape and at the same time, responded to emerging challenges with creativity and agility, ensuring our service and operational excellence remain uncompromised.
One of the most significant achievements this year is the continued success of our fleet renewal program. We deployed 4G new, modern and highly efficient vessels to our fleet, 28 of which are LNG-powered. Moreover, we have made substantial technical improvements to our existing vessels, focused on enhancing their performance and optimizing fuel efficiency. These upgrades have resulted in the dramatic improvement of ZIM's overall energy efficiency and a meaningful reduction in GHG emissions, going beyond our expectations.
In addition to renewing our fleet, we continue to invest in advanced data-processing systems that drive operational optimization. They enable ZIM to manage voyages more effectively by considering weather conditions, fuel consumption as well as optimal routing and contribute to enhanced fleet performance. Our ongoing investment in these technologies further reduces fuel consumption, increases operational efficiency and minimizes environmental impact.
ZIM's goal of achieving net zero emissions by 2050 remains a central focus. We continue to implement clear short, medium and long-term strategies to reduce GHG emissions, while ensuring that we are fully prepared to meet climate-related challenges through proactive risk-management and continued investment in sustainability.
At the core of ZIM's success is our team - highly skilled professionals and experts who lead us toward excellence every day. We are deeply committed to their safety, health and well-being, both at sea and on land. Providing a safe, supportive and respectful work environment is a top priority, and we continue to invest in training and resources to ensure they operate at their best. Our employees and seafarers' dedication is fundamental to ZIM's continued success.
We are proud of the progress ZIM achieved and confident that our ongoing investment in innovation, sustainability and our people will further drive ZIM's success. We remain fully committed to providing the highest level of service while leading the way in operational excellence and environmental responsibility, with a clear ideology focused on innovation, sustainability and care for both the environment and our people.
David Arbel
EVP Chief Operations Officer
About ZIM
Our ESG Strategy
Planet People
Prosperity & Governance Partnerships
Indexes 5
New topics covered in this report:
Progress on our fleet
renewal program
Detailed track to net zero
Investments in innovative startups
New partnerships and initiatives
Supplier risk survey Climate risk analysis (TCFD) Safety in the offices
New ESG targets
FUEL EU Maritime implementation
This is the seventh annual ESG report of ZIM Integrated Shipping Services Ltd. ("ZIM" or "the company"). Information and data disclosed in this report address ZIM's activities and performance for the period from 1 January to 31 December 2024, and provide information regarding all entities included in the company's financial statements, unless otherwise noted.
This report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core option and the Sustainable Accounting Standards Board (SASB) Standards: Marine Transportation Industry metrics. The 2024 ESG Report is not part of ZIM's financial statements.
The company's internal quality assurance, controls and processes assisted us in ensuring the reliability and accuracy of the data and information provided. The financial data and information presented in the report is in accordance with the company's 2024 audited Financial Report and the externally assured carbon emissions data, as required by and reported to the Smart Freight Center.
This report underwent an external assurance for specific topics in the report, as detailed in the Limited Assurance Report, by KPMG Somekh Chaikin.
For any comments and questions about this report or about ESG topics at ZIM please contact our Global ESG Department at [email protected].
Additional information about ZIM and its services can be found throughout this report and at https://www.ZIM.com.
About ZIM
Our ESG Strategy
Planet People
Prosperity & Governance Partnerships
Indexes G
A Global View by ZIM Employees
Captured by Rinaldo Gambaro, ZIM Italy
Captured by Oren Maor, ZIM HQ, Israel
To celebrate ZIM's 80th anniversary, our 2024 ESG report showcases the driving force behind our sustainability efforts: our employees. We invited them to submit photographs
of various natural and cultural environments they encountered in their work globally.
Captured by Winny Wong, ZIM Hong Kong
Captured by Rene Kruscha, ZIM Germany
Submissions poured in from employees across the globe, including retired personnel and captains, showcasing stunning scenes that
truly impressed us. We are honored to incorporate a selection of these remarkable photos throughout
the 2024 ESG Report, reflecting our collective commitment to sustainability and creativity at ZIM.
About ZIM
Our ESG Strategy
Planet People
Prosperity & Governance Partnerships
Indexes 7
ABOUT ZIM
ZIM Thailand
AROUND THE WORLD? Captured by David Ames,
Our ESG Strategy
Planet People
Prosperity & Governance Partnerships
Indexes 8
About ZIM
145 Vessels: 130 container vessels + 15 car carriers
56 weekly lines
784,847 TEU vessel capacity
3,750,706 TEU volume
~32,700 clients
* Figures are as of 31.12.2024
Calling over 330 ports
4,850full-time employees
80 years of history
More than 200 offices and agencies in more than 100 countries
Captured by Oren Maor, ZIM HQ, Israel
Our ESG Strategy
Planet People
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Indexes 9
About ZIM
OUR VISION:
INNOVATIVE SHIPPING DEDICATED TO YOU
The Z Factor
The Z Factor is our guiding force in achieving our unique organizational culture and successful business results. It sets us apart in a competitive and challenging market and encompasses the six core specializations of ZIM: digitize, globalize, freeze, optimize, personalize, and socialize.
Our ESG Strategy
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About ZIM
They reflect our dynamic, colorful, global company.
Captured by Nurit Siman-tov,
ZIM HQ, Israel
Captured by David Ames,
ZIM Thailand
Captured by David Ames,
ZIM Thailand
Captured by Avner Shats,
ZIM HQ, Israel
Captured by Muntazir Lalkate,
ZIM India
Can Do Approach
Results-Driven
Agile Sustainability Togetherness
We always have the will and
will always find the way.
We deliver great process and will be measured by the bottom line.
We adapt quickly to market currents, changes, trends and needs.
We treat our oceans and our communities with care and responsibility.
We are many and diverse, yet we act as one ZIM team.
Our ESG Strategy
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About ZIM
Key Management
Our senior management team team consists of talented leaders with extensive experience in shipping, logistics, and business. They are dedicated to fostering a collaborative organizational culture that prioritizes innovative shipping solutions and exceptional customer service logistics and business. Their commitment drives ZIM's success and maximizes stakeholder value. Further details are available here.
Board of Directors
Board members offer extensive experience across finance, corporate law, global
shipping, technology and operations. Further details are available here.
Eli Glickman
President & Chief
Executive Officer
David Arbel
EVP Chief Operations
Officer
Arik Elimelech
EVP HR & Organization
Eyal Ben-Amram
EVP Chief Information
Officer
Hani Kalinski
EVP Pacific BU
Xavier Destriau
EVP Chief Finance
Officer
Noam Nativ
EVP General Counsel & Company Secretary
Saar Dotan
EVP Countries & Business Development
Yair Teitelbaum
EVP Global Sales
Yair Seroussi
Chairman
Yair Caspi
Yoav Sebba
Liat Tennenholtz
Birger Johannes Meyer-Gloeckner
William (Bill) Shaul
Nir Epstein
Anita Odedra
Assaf Tiran
EVP Cross Suez & Atlantic BU
Sami Jubran
VP Financial Planning & Analysis
Nissim Yochai
EVP ZIM USA
President
Abdallah Metanes
VP Intra-Asia BU
Nir Avni
VP Medium & Small Countries
Irit Samuel
Global VP Network Development & Cooperation
Eran Epstein
VP Latin America BU
Karin Schweitzer VP Global Customer Service
* Our senior management are presented above as on the ZIM website.
Our ESG Strategy
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About ZIM
Delivering on Our Promise
ZIM was established in 1945 and began operating global cargo and passenger shipping lines in the 1950s. By the late 19G0s, the company had shifted its focus exclusively to cargo services and launched its first container service in 1972.
Throughout the 1980s and 1990s, ZIM continued expanding its routes and services, and underwent privatization in 2004. After the restructuring of our network of independent lines and services in 2017, and after the launch of our new vision and values, ZIM completed an IPO on the New York Stock Exchange in 2021. Since then, we launched an ambitious fleet renewal program, and by the end of 2024, we had incorporated 4G new vessels to our fleet, including 28 new LNG-fueled ships.
We maintain a global footprint through operations in five geographic trade zones: Transpacific (42.8%), Atlantic (14.8%), Cross Suez (8.8%), Intra-Asia (19.9%), and Latin America (13.7%), reflecting carried TEUs for the year ending December 31, 2024. Within these trade zones, we strive to increase and sustain profitability by selectively competing in niche trade lanes where we believe that the market is underserved and that we have a competitive advantage versus our peers. These include trade lanes where we have in-depth knowledge, a long-established presence, and strong market position, as well as new trade lanes where we are often driven by demand from our customers.
Due to the security threat to safe passage of ships in the Red Sea through the Bab-El-Mandeb straits, ZIM and most shipping services providers took proactive measures by
re-routing vessels around Africa. These changes impact the global supply chain with longer voyage schedules,
New Operational Cooperation with MSC on Transpacific Trade
higher costs of operations, and increased greenhouse gas emissions. We continuously monitor the situation to ensure safe and secure shipping for our customers and employees. ZIM's focus on network optimization, as well as our efficient and agile fleet management, provide us with a solid foundation to navigate in this uncertain environment.
In 2024, we announced a new long-term operational collaboration involving a vessel sharing agreement and slot swap with Mediterranean Shipping Company (MSC). This partnership, which focuses on the Asia -US East Coast and Asia - US Gulf trades, commenced
in February 2025. Through this cooperation with MSC, an industry leader and long-standing ZIM partner, we are able to provide customers with extensive port coverage, while achieving significant operational efficiencies. It is a direct outcome of our
fleet renewal program, allowing us to better serve the
Asia to US East Coast trade.
The partnership, completed with a smooth transition, has established us as the central service network in that region.
Our ESG Strategy
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About ZIM
Our Integrated Shipping Services
From shore to door, ZIM offers our customers comprehensive solutions for their transportation needs - from point of origin to final destination. Our shipping capabilities span the main ocean lanes and ports around the globe, and our inland solutions include intermodal transportation by barge, rail, and road.
BY SEA
We transport different types of cargo around the world, with 145 ships - including 130 container vessels and 15 vehicle transport vessels, sailing on 5G weekly lines.
BY LAND
ZIM's shipping capabilities reach far beyond ocean lanes and ports to meet customers' intermodal shipping needs. Our extensive inland transportation services include door-to-door services and multiple haulage options to ensure cargo is seamlessly delivered.
Our comprehensive logistics services provide customers with the best mode for their cargo's journey. By road, rail, or barge, we provide the right solutions and routes to accurately fit their needs.
Dry cargo
Goods and products shipped in containers.
Reefer cargo
Food, medicine, and sensitive cargo shipped in refrigerated containers. ZIMonitor offers advanced tracking, monitoring, and environment control for refrigerated shipping (more info on p. 77).
Car carriers (Ro-Ro)
Vehicles and large wheeled machinery
Dangerous cargo
Hazardous goods shipped across categories, size, and type
Special cargo
Special objects, from geothermal turbines to historic planes, shipped in flats, open tops, and tankers, using exclusive monitor equipment. It includes out-of-gauge, oversized cargo and breakbulk cargo that often demand innovative solutions.
Our ESG Strategy
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About ZIM
Making Shipping Simple Through Digitalization
Our digital solutions offer a simple, customized, and convenient shipping experience. They provide customers with digital
independence and a personal touch, enabling efficient online shipment management that saves time and resources.
The myZIM customer personal area is an online platform that provides customers with an efficient, convenient way to manage all their shipments in one place, with easy documentation access, and personal notifications.
eB/L, powered by Wave B/L, is a digital alternative to the traditional bill of lading. It offers a seamless, secure, and efficient transaction process that saves time, resources, paper, and courier trips.
More info on eB/L is on p. 78.
eZQuote provides immediate price quotes, with fast-track confirmation, guaranteed rates, and secured space on board. Customers gain 24/7 access to real-time quotes, and can save their bookings and pick up where they left off.
eZIM is a fast, easy way to manage bookings, where customers can directly submit eBookings and eShipping instructions, supported by live chat.
Draft B/L enables customers to view, approve, and edit their bill of lading online. This paperless system provides a secure platform for final approval, with instant feedback and updates. It saves time and reduces the need for printing and scanning.
Our ESG Strategy
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About ZIM
Our fleet renewal program is the primary pillar of ZIM's strategic transformation, intended to support our long-term growth strategy.
We have made substantial advancements in our fleet renewal program, resulting in a highly competitive and fuel-efficient modern fleet now comprising 4G newbuild containerships, including 28 LNG-powered vessels. Our overall operating capacity has also
been enhanced to more effectively align with our commercial strategy.
Our ongoing fleet strategy development aims to sustain operational flexibility, commercial agility, and competitiveness in the global market while supporting our growth objectives. We recently secured four additional 7,900 TEU containerships, with an anticipated delivery date in 2027, and , and ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with delivery expected between 2027 and 2028.
With our updated fleet, over 50% of our operated TEU capacity is composed of newbuild vessels, and approximately 40% is LNG-powered. This revamped fleet not only supports our business expansion but also assists our customers in their carbon reduction efforts by providing opportunities to lower
their scope 3 emissions and minimize their environmental footprint.
Captured by Oren Maor,
ZIM HQ, Israel
Our ESG Strategy
Planet People
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Indexes 1G
About ZIM
OUR TRANSFORMED FLEET
~40%
of TEU capacity
~50%
of TEU capacity
LNG Powered
Newbuild
Newbuild vessels: 46 container ships, including 28 LNG-fueled
10
4
18
6
8
15,000 TEU LNG-fueled
12,000 TEU
8,000 TEU LNG-fueled
5,500 TEU wide beam
5,300 TEU wide beam
636K TEU
EVOLUTION OF OUR OPERATING CAPACITY: LARGER, NEWER, GREENER
145
+106%
150
144
87
113
375K TEU
427K TEU
550K TEU
2020 2021 2022 2023 2024
Note: fleet information as of year-end; vessel count includes containerships and car cariers; TEU capacity refers only to container ships.
Our ESG Strategy
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About ZIM
ZIM Sammy Ofer
In February 2023, we named our flagship vessel, ZIM Sammy Ofer, at the SHI Shipyard. Featuring dual-fuel LNG technology, it is fuel efficient and reduces emissions significantly. This vessel is part of our advanced LNG-powered fleet, highlighting our dedication to innovation and environmental sustainability. The ZIM Sammy
Ofer sets a new standard for energy-efficient and green shipping, aligning with our vision of more efficient maritime operations and environmental protection.
~1,600FUE
Reefer Plugs
Deadweight:
1G0,978 Tonnes
366 m
Nominal Capacity: 15,248 TEU
51 m
Engine type:
8G95ME-C10.5-GI
GHG Intensity:
21.91
gr CO2/TEU*km
Fuel Efficiency:
12.845
Kg/TEU*1000Nm
Virtual Ship Tour- Explore the ZIM Amber in an immersive 3G0° experience here.
Visualizing the scale
Width
Wider than a 12-lane highway
Massive transport capacity
Length
As long as 4 football fields lined up
Height
Stands
nearly twice the height of the Statue of Liberty (excluding the pedestal)
Heavier than
250 fully loaded
Boeing 747 aircraft
Enough to cover the Las Vegas Strip 20 times if placed end to end
Our ESG Strategy
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About ZIM
Adhering to our core value of sustainability and our Code of Ethics, we strive to uphold and advance principles related to environmental, social, and governance concerns. We are dedicated to mitigating the environmental impact of our activities and fostering responsible corporate practices to create long-term, sustainable value for all stakeholders.
ZIM adopts a proactive approach to environmental stewardship to ensure our business remains resilient to climate change. We are committed to achieving net zero emissions in alignment with the International Maritime Organization (IMO) 2050 net zero greenhouse gas emissions target.
To achieve this ambitious goal, we have developed a comprehensive roadmap with both interim and
long-term milestones. Our strategy includes adopting proven, environmentally superior fuels and optimizing our vessels and operational systems for maximum efficiency. For a detailed breakdown of our net zero reduction plan see p. 35.
We prioritize our employees' growth and advancement, and invest in both their professional and individual development. Our commitment to excellence extends to maintaining the highest ethical standards in our operations while building a resilient, secure, and responsible supply chain.
We recognize that the implementation of ESG-focused strategies is an ongoing process, and we are extremely proud of all ZIM employees across the world who contribute their talent and vision every day to creating a more sustainable shipping industry.
Captured by David Ames,
ZIM Thailand
About ZIM Planet People
Prosperity & Governance Partnerships
Indexes 19
Our ESG Strategy
OUR ESG STRATEGY
HOW DO WE IMPLEMENT ESG?
Captured by David Ames, ZIM Thailand
About ZIM Planet People
Prosperity & Governance Partnerships
Indexes 20
Our ESG Strategy
Captured by Chief Engineer
Shimon Uzan, a ZIM veteran
We aim to act fairly, considering our society and our environment, while striving for excellence.
We are dedicated to monitoring, advancing, and reporting our ESG activities to ensure continuous improvement. Our commitment extends to collaborating with customers, partners, and other stakeholders who share our core values and objectives. We empower our employees and supply chain to act responsibly and ethically, creating long-term value.
Additionally, we seek opportunities to develop innovative solutions that support ESG practices and contribute to a sustainable shipping industry.
About ZIM Planet People
Prosperity & Governance Partnerships
Indexes 21
Our ESG Strategy
OUR ESG PILLARS
We have identified the following ESG material topics to focus on:
PLANET
Decarbonization
Environmental Management: energy, waste and biodiversity
Climate Risk Management
PEOPLE
Health and safety
Diverse Talent
Employee Wellbeing and Development
PROSPERITY & GOVERNANCE
Ethical Governance
Economic Impact
Sustainable Procurement
PARTNERSHIPS
Innovative Services
Industry Leadership
Captured by Progyan Chowdhury,
ZIM India
About ZIM Planet People
Prosperity & Governance Partnerships
Indexes 22
Our ESG Strategy
The UN has identified 17 Sustainable Development Goals (SDGs) that provide a shared blueprint for peace and prosperity for people and the
PLANET
PEOPLE
PROSPERITY & GOVERNANCE
PARTNERSHIPS
planet, now and in the future. ZIM actively promotes the following SDGs, as detailed in this report.
Captured by Alexandra Vaughan, ZIM USA
About ZIM Planet People
Prosperity & Governance Partnerships
Indexes 23
Our ESG Strategy
ZIM's proactive ESG management covers business operations, workforce, and geographic areas, focusing on activities that align sustainability with company growth. The COO oversees the program, while the Global ESG Unit handles daily tasks and serves as the company's ESG knowledge center.
The ESG team is committed to preparing ZIM for forthcoming ESG regulations and ensuring alignment with stakeholder expectations through a cross-organizational approach, involving collaboration with all relevant company stakeholders. The team also addresses current and upcoming regulations. For more information on this and all applicable environmental regulations, please refer to page 40. Additionally, the ESG team conducts comprehensive ESG performance analytics across the organization and focuses on process improvements and data optimization, including the measurement of emissions and scopes, in collaboration with operations analytics experts.
The ESG Steering Committee meets frequently over the year, and includes executives from various departments who direct the development and implementation of ESG policies and strategies across the ZIM business units. The COO presents the ESG activities to the Board of Directors throughout the year, and to the CEO and top management on a regular basis. These updates include progress on our workplan, the company's
readiness for upcoming environmental regulations, ESG report updates, highlights of current and new ESG activities, and climate risk information.
The ESG team is dedicated to ensuring alignment with stakeholder expectations through a cross-organizational approach. This involves collaboration with all relevant company stakeholders, including information-sharing sessions with ZIM's operational and environmental experts, who provide valuable professional, technical, and maritime knowledge.
The team conducts comprehensive ESG performance analytics across the organization and focuses on process improvements and data optimization. This includes measuring emissions for all 3 scopes, in collaboration with operations analytics experts.
Additionally, the team manages ESG reporting, responds to ESG-related requests and surveys across the supply chain, and oversees efforts to improve ESG rating scores. As part of its responsibilities, it also conducts research on future fuel alternatives and
contributes to expanding ZIM's services by developing tailored sustainable offerings designed to help clients reduce their environmental footprint. In 2024, several large clients audited ZIM's conduct regarding ESG aspects, information security, business continuity, documentation, and emissions reporting. The ESG team provided responses for these audits. Additionally, ZIM conducts audits of its suppliers to maintain a sustainable supply chain. For more information, please refer to the procurement section of this report.
The ESG lead team is responsible for enhancing employee training and knowledge through dedicated ESG training and educational materials, as well as lectures and training sessions across the company.
Collaborating with the company's training and marketing divisions, the team developed a tailored ESG module for employees. In 2024, 87% of employees globally completed this training. Additionally, the team works closely with the ESG and Safety Trustees to ensure compliance with ISO 45001 requirements.
87%
of employees completed an ESG training module globally
About ZIM Planet People
Prosperity & Governance Partnerships
Indexes 24
Our ESG Strategy
The implementation and global emphasis on ESG in 2024 have been remarkable, and it's thrilling to witness the growth and development of this field. I had the honor of attending a three-day training session in 2024 organized by our trade association, which was invaluable in deepening my understanding of ESG, and highlighted its significance and relevance to our business.
I was proud to be appointed as an ESG trustee and I am sure that in 2025 we will support the implementation of more ESG initiatives. I'm hopeful that the insights I gained will translate into tangible actions and initiatives, both large and small, that will engage and benefit everyone.
Beatrice Radi
General Ledger, Finance ESG Trustee
ZIM Italy
ZIM Operational Experts
Management (C-suite)
ESG Trustees
To further support our worldwide ESG activities, in 2023 we nominated 39 ESG Trustees across the company, who help expand our local ESG activities, increase awareness and education, and ensure compliance with local regulations.
The ESG Trustees also serve as Safety Trustees, representing every ZIM owned or joint venture (JV) agency, to support the integration of ZIM's ESG principles across global operations, regardless of location or organizational structure. They also work to improve ESG data collection and enhance local community engagement.
In 2024, trustees were assigned safety responsibilities, and they promote a culture of safety globally and report safety incidents.
External Consultants
The ESG Trustees come from a diverse range of departments, including finance and HR managers, and share a strong commitment to sustainability. They receive professional guidance from ZIM's ESG unit, which provides them with designated training and regular forums, empowering them to serve as the primary point of contact at each agency for ESG issues or any query from employees or customers.
ZIM ESG MANAGEMENT STRUCTURE
Board of Directors
CEO & President
ESG Steering Committee
Global ESG Unit
EVP Chief Operations Officer
ESG
Trustees
About ZIM
Our ESG Strategy
People
Prosperity & Governance Partnerships
Indexes 25
Planet
PLANET
Captured by David Ames, ZIM Thailand
About ZIM
Our ESG Strategy
People
Prosperity & Governance Partnerships
Indexes 2G
OUR TARGETS & PROGRESS
Target Rationale Progress
Reducing GHG emissions
Reduce carbon intensity
(gr CO2/TEU*km) by 30% by 2025, compared to the baseline year of 2021.
To align with global decarbonization efforts to fight climate change, minimize operational emissions,
and meet regulatory and stakeholder expectations
2025 Target
2024
2023
-30%
Planet
-35%
-23%
and requirements.
TARGET SURPASSED
Energy Consumption and Emissions Calculator
By 2024, offer our customers an emissions calculator for sea and land shipping services aligned with the Smart Freight Center, GLEC framework, and ISO 14083.
To improve emissions transparency and empower customers with reliable scope 3 data for their decarbonization efforts.
TARGET ACHIEVED
Sustainable offices
Annually increasing renewable energy consumption
(Scope 2) worldwide by 3%
from the 2022 baseline.*
To reduce Scope 2 emissions and transition ZIM's operations to cleaner energy sources.
2025 Target
2024
2023
17%
14%
11%
TARGET ACHIEVED
Protecting Marine Life Zero ship collisions with marine mammals in 2024, recurring annually.
Zero oil or hazardous material spills from our ships into oceans and seas in 2024, recurring annually.
To protect marine mammals and mitigate ship collision risks.
To prevent marine pollution and protect ecosystems from exposure to harmful materials.
TARGET ACHIEVED
TARGET ACHIEVED
* We are improving measurement methodology and exploring certification options for verified Scope 2 reductions
** Achieved targets are colored in green
About ZIM
Our ESG Strategy
People
Prosperity & Governance Partnerships
Indexes 27
Planet
As a leading global container shipping company, we acknowledge our significant responsibility toward environmental stewardship. We recognize our operations have a direct impact on the planet's climate, oceans, land, and biosphere, and have established environmental management as a top priority across the organization.
Our commitment goes beyond compliance, as we actively seek opportunities to minimize our
Our New Environmental Management Policy
environmental footprint throughout our operations, implement innovative strategies to support business growth, and assist our customers in reducing their environmental impact. This positions us as leading the way to a more sustainable industry.
We are currently engaged in a comprehensive decarbonization journey that represents the cornerstone of our environmental strategy. This includes the strategic introduction of new, highly efficient liquefied natural gas (LNG) powered vessels to our fleet, enhancing operational and technical efficiency in our existing fleet, and sourcing innovative climate solutions. In addition, we make ongoing efforts to reduce and treat waste on our ships, manage our water use, and protect biodiversity in the oceans.
We have made significant progress in realizing our environmental management targets. In 2024, we not only met, but exceeded our target for reducing our carbon intensity. We enhanced the transparency, accuracy, and range of tools available for analyzing emissions, both for our own operations and our customers.
We are dedicated to maintaining our past environmental accomplishments and driving further progress. As a reflection of this commitment, we developed new targets in 2024 for coming years and will continue to take proactive steps to meet our targets annually.
In 2024, we introduced a new Environmental Management Policy that reinforces our core values of sustainability and environmental protection. It details our commitment to ongoing environmental performance improvement, pollution prevention, and environmental risk mitigation. It describes our ambitious net zero target for 2050 and reinforces our commitment to transparency through sharing environmental performance data with external stakeholders.
Recognizing the potential harm of environmental pollution via spills of oil and fuel, hazardous materials, chemicals, or waste, the policy includes a 'zero spills to the sea' initiative. This seeks to eliminate marine pollution at its source through strict adherence to safety standards and relevant regulations. The policy also addresses biodiversity protection through ballast water management, anti-fouling measures, and noise reduction initiatives. It includes the adoption of a 'zero collision' initiative to protect marine life from vessel strikes, especially in bio-sensitive and protective areas.
To ensure environmental responsibility throughout the organization, the policy mandates compliance with all applicable regulations, supported by
comprehensive employee training and awareness initiatives. To foster a culture of environmental stewardship, we promote open communication with our crews, conduct regular compliance inspections, and actively engage in dialogue with relevant
stakeholders to minimize environmental risks. The policy further details our mandate for suppliers and contractors to meet environmental standards aligned with ZIM's requirements. To maintain its effectiveness, the policy will be reviewed every two years.
About ZIM
Our ESG Strategy
People
Prosperity & Governance Partnerships
Indexes 28
Planet
Decarbonization is one of the greatest challenges in the shipping industry, mostly in terms of technological and operational implementations, and the maturity of available solutions. In 2023, ZIM committed to achieving net zero GHG emissions by 2050, aligning with regulatory requirements. Subsequently ZIM has developed a net zero Strategy, which is a roadmap to decarbonization, with short, medium, and long-term targets, backed by action plans, presented in this report for the first time (p. 35).
As part of this process, we collaborated with an external expert to conduct a comprehensive
Changes in Direct Operational Emissions (million tCO2e)
Increase
Decrease
Total
1.4M
1.0M
-0.2M
0.1M
G.5M
5.5M -1.3M
2023 Additional Emissions distance
sailed
Growth in fleet capacity
LNG
Impact
New Build and Operational Operational constraints enhanced
vessels
2024
Emissions
analysis of key industry trends, evolving regulatory requirements, and emerging technical advancements. We are also assessing our current GHG emissions to identify challenges and leverage opportunities and
to develop a clear, actionable strategy for our net zero transition by 2050. Our plans are designed to be in compliance with relevant regulations, such as
the IMO's upcoming Global Fuel Standards (GFS) and enacted CII and EEXI requirements, and the EU's EU ETS and FuelEU Maritime environmental regulations. (Complying with Decarbonization Regulations - p. 42).
We take an evidence-based approach to developing our roadmap, prioritizing investments in scalable, proven solutions, while closely monitoring and evaluating emerging technologies as they reach maturity. We are developing financial resilience and partnerships, while exploring alternative financing models, and developing contracts to mitigate cost risks. In addition, we are staying updated on the evolving regulatory landscape, actively participating in professional forums and collaborating with relevant internal and external stakeholders.
The path to decarbonization is complex, and requires a multifaceted approach. It involves our internal proactive actions, while balancing external factors that affect shipping and our business growth.
The following graph illustrates the changes in direct operational emissions related to our vessels from 2023 to 2024 (Tank-to-Wake). It shows the overall increase in total absolute emissions, with the various contributing factors.
The total increase in emissions is due mostly to our shipping fleet's massive growth and an increase in our total TEU capacity - shipping more cargo for greater distances. Similar to the rest of the shipping sector, we also had longer transportation distances in 2024, due to the ongoing geopolitical situation, and particularly in the Red Sea.
5,521
Even with these challenges, we managed to offset a significant part of these increases with the massive transformation of our operated fleet into a modern and efficient fleet, building both on the introduction of LNG as well as efficient vessel design.
About ZIM
Our ESG Strategy
People
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Indexes 29
Planet
Carbon footprint
Scope 1
Scope 2
Scope 3
Total emissions (1000 tCO2e)
Scope 1
Scope 2
Scope 3
0.04%
6,767
3,244
33%
6,767
1000 tCO2e
7,573
1,762
4.6
7,256
1,731
3.6
3.6
5,806
5,524
6,516
67%
2022
2023
2024
As part of our commitment to meet our net zero target, we are continuously developing and improving tools to measure, monitor, and report GHG emissions across our entire supply chain, including scopes 1, 2, and 3.
We consider robust data management as the foundation of our effective decarbonization strategy, and accurate and timely emissions data allows us
to track performance against targets, comply with complex and evolving regulations, and identify inefficiencies and emission hotspots. In addition, it enables us to make data-driven operational decisions and increase transparency with stakeholders.
To ensure rigorous oversight of greenhouse gas emissions, ZIM has incorporated Scope 1 and 2 emissions monitoring into its Sarbanes-Oxley (SOX) system. This integration aligns emissions management with financial reporting standards, supporting compliance and performance tracking.
Carbon Footprint:
We track Scope 1, 2, and 3 emissions according to the Greenhouse Gas Protocol. Climate-related impacts for ships under our operational control
(owned and chartered), are reported according to SFC methodology.
Scope 1
Direct emissions from our operations and worldwide sites where we have operational control. Our scope 1 emissions include the fuel used in our ship fleet, the fuel used in our company vehicles and offices, and our use of cooling gas. 99% of our emissions come from fuel use in our ship fleet.
Scope 2
Indirect emissions from the generation
of purchased energy in our company sites.
Scope 3
Indirect emissions that occur in our value chain, including both upstream and downstream emissions.
About ZIM
Our ESG Strategy
People
Prosperity & Governance Partnerships
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Planet
Scope 1 Scope 2 Scope 3
Scope 1 tCO2e Emissions
6,518,780
5,805,558
5,524,462
Scope 2 tCO2e Emissions (Location-Based)
We categorize Scope 2 emissions into two distinct approaches: location-based, which reflects the average emissions intensity of the grid where our operations are situated, and market-based, which accounts for the specific emissions associated with the energy contracts we choose to purchase.
In 2024, ZIM's Market-based Scope 2 was 3,560 tCO2e, while Location-based emissions in Scope 2 were 3,886 tCO2e.
Category 2 Capital goods -460,832 tCO2e
0.3%
15.1%
Category 4 Upstream transportation and distribution -547,342 tCO2e
16.6%
47.7%
Category 1 Purchased goods and services -646,524 tCO2e
20.0%
Category 3
Fuel- and energy-related activities -1,546,648 tCO2e
All Other Categories
Category 5 - Waste generated in operations - 1,084 tCO2e Category G - Business travel - 664 tCO2e
Category 7 - Employee commuting - 3,141 tCO2e Category 11 - Use of sold products - 3,876 tCO2e
Category 12 - End-of-life treatment of sold products - 382 tCO2e Category 15 - Investments - 262 tCO2e
We have reached our annual goal of increasing the share of energy from renewable sources in our
4,871
3,628
3,886
Scope 3 breakdown (Scope 3 emissions by category)
2022
2023
2024
offices by reaching 14% from renewable sources.
We are committed to strengthening these efforts
In 2024, ZIM experienced an increase in its absolute carbon footprint, particularly in Scope 1 emissions. This rise can be attributed to two primary factors.
Firstly, our strategic expansion of operations has led to a switch to larger ships, with greater capacity for cargo delivering, even though the absolute number of ships remained relatively the same, our total capacity increased by more than 20%. While this expansion reflects our commitment to meeting growing
market demands, it also highlights the necessity of implementing effective measures to mitigate our environmental impact as we scale our operations.
Secondly, the changing geopolitical landscape has affected passage in the Bab El Mandeb Straits in the Red Sea. In response, ZIM, along with the rest of the shipping sector, has taken the precaution of rerouting our vessels to ensure the safety of our crew, vessels, and cargo. These diverted routes involve navigating around the Cape of Good Hope, which significantly increases the distances traveled and, consequently, fuel consumption and associated emissions.
and enhancing the accuracy of our data through validation and certification. This validation will include the verification of the specific energy mix provided by local energy suppliers, when available.
Starting next year, we are transitioning to a computerized data collection system. This shift will eliminate manual processes, substantially improve data accuracy, and establish the framework for
us to continue increasing the share of our energy produced from renewable sources through a variety of measures. We plan to invest in Renewable Energy Certificates (RECs). Our plan is to significantly increase the share of our enewable energy in the coming years, by investing in Renewable Energy Certificates to offset the energy consumption from headquarters.
2022
2023
2024
The increase in Scope 3 emissions reflects our ongoing efforts to widen the scope of our disclosure and measurement practices, particularly in Categories 1 and 2. This increase is the result of an in-depth, comprehensive process we undertook in
collaboration with our financial and operational teams, where we mapped all relevant expenses across the company. This initiative has provided us with a clearer understanding of our upstream emissions, allowing us to identify and quantify emissions associated with our supply chain and purchased goods and services more accurately.
Disclaimer
ZIM Integrated Shipping Services Ltd. published this content on June 03, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 03, 2025 at 19:18 UTC.