Energy Efficiency, GHG Emissions, Industrial - March 18, 2024
Lime Signs for Lower Emissions Shipping
Lime, an operator of shared light electric vehicles, announced a new deal for zero-emissions port-to-hub shipping for all Lime freight arriving in North America through the Ports of Los Angeles and Long Beach.
The agreement was signed with Hight Logistics and Forum Mobility.
Forum Mobility, a leading zero-emission electric truck charging provider, is providing the electric trucks and charging to Hight Logistics, a family-owned drayage provider in Long Beach, California.
In 2023, nearly 50% of all of Lime's new vehicles and parts globally arrived through Los Angeles ports now covered under the agreement. Lime anticipates the agreement will shift more than 300 port-to-hub shipments to electric zero-emission trucks each year.
As part of the announcement, Lime is also among the first companies to share its commitment to the World Economic Forum's Mission Possible Partnership commitment to zero-emission international shipping. Under Lime's new commitment, 10% of the volume of its goods shipped internationally will be on ships using zero-emission fuels by 2030, on the way to 100% of shipments by 2040.
"We're thrilled to play a leading part in the EV freight transition through this exciting partnership with Hight Logistics and Forum Mobility," said Andrew Savage, VP for Sustainability at Lime, in a statement. "EV shipping needs demand signals to really get moving, and given our ambitious climate goals, Lime is happy to provide them. Businesses need to prioritize zero-emission hauling and take their Scope 3 emissions seriously, regardless of the new SEC rule that omitted reporting on these massive emissions. We believe firmly in a carbon-free future and we're taking these important steps to decarbonize our shipping logistics on our path to achieving our ambitious net zero carbon goals."
During the past two years, Lime utilized more than 700 truckloads of freight through the Ports of Los Angeles and Long Beach as it scaled its business and updated its e-scooter and e-bike fleet across North America. As part of the partnership, future shipments will be completed via zero-emissions vehicles.
The deal aligns with Lime's plans to decarbonize its business and its 2030 net zero target, validated by the Science Based Targets Initiative. The company continues to make strides toward decarbonizing across Scope 1, 2 and 3 emissions, already achieving a 37% carbon reduction from its 2019 baseline. Lime anticipates a significant further reduction for 2023 and is expected to report on those emissions reductions mid-year.
Rules passed by the California Air Resources Board in April of 2023 require a gradual shift to zero-emission trucks throughout the state. By 2035, the entire drayage fleet, currently consisting of 33,000 class 8 trucks, must be zero emission.
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