Crowley Commits to Net-Zero Carbon Emissions by 2050 in Inaugural Sustainability Report

Crowley recently released its 2021 Sustainability Report, Bravely Advancing What’s Possible, as a commitment to transparent reporting on its environmental, social and governance (ESG) actions and progress to build a more sustainable tomorrow. Crowley has launched cross-industry partnerships, implemented operational systems and made significant investments to advance its sustainability goals in line with its corporate purpose to elevate people and planet.

The report affirms Crowley’s pledge to achieve net-zero emissions by 2050 to minimize impact on the globe — on a trajectory aligned with the latest climate science. To reach this goal, Crowley aims to reduce greenhouse gas emissions across all scopes by more than 3.7 million metric tons per year.

“Ocean transport is the most environmentally efficient way to move goods, and we are striving to make it even better for the planet and support greener, more resilient supply chains,” said Chairman and CEO Tom Crowley. “We are working with partners on some of the industry’s most ambitious projects as we aspire to become the most sustainable and innovative maritime and logistics company in the Americas.”

Crowley’s priority ESG areas include implementing advanced energy solutions to decarbonize the company’s operations and value chain; leveraging an inclusive workplace culture as a force; and supporting the resilience of communities where the company operates across the U.S., Central America and the Caribbean.

Additional Report Highlights

Environment and Climate

• First U.S.-based maritime company to partner with Salesforce and implement, with PwC, its Net Zero Cloud to calculate and analyze greenhouse gas emissions across the full value chain
• Developed the all-electric, battery-powered tugboat eWolf — first of its kind in the U.S. — to reduce carbon dioxide emissions by 3,100 tons compared to a conventional tug in its first 10 years of operation
• Created a public-private partnership to develop a wind services terminal aimed at establishing Salem Harbor as the second major offshore wind terminal in Massachusetts
• Delivered 40 million gallons of liquified natural gas (LNG) to Puerto Rico as a cleaner, reliable alternative to traditional fuels — while establishing infrastructure on the island to provide LNG to customers throughout the region
• First U.S.-flagged carrier to launch two LNG-powered container/roll-on, roll-off ships capable of carrying both vehicles and containers to Puerto Rico

People and Communities

• Established a $2.5 million endowment for the Crowley Center for Transportation and Logistics at University of North Florida — the new, world-class center of excellence to drive innovation and grow the next generation of industry and supply chain leaders
• Contributed nearly $200,000 from employees and more than 530 volunteer hours through the Crowley Cares Foundation in 2021
• Enhanced recruiting to attract diverse talent and increased the number of women cadet award recipients from the Thomas B. Crowley Scholarship Fund from 6% to 40%
• Transitioned from lagging to 100% leading safety indicators with employees completing more than 69,000 hours of training
• Committed to 37% diverse vendors in the supply chain and 27% small business sourcing by 2030

To read the full 2021 Sustainability Report, visit www.crowley.com/ESG.

Media Contacts

David DeCampDirector, Corporate Communications+1 904-727-4263

Torey VogelSpecialist, Corporate Communications+1 904-726-4536

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