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ongoing climate risk and opportunity assessments   biodiesel blends without significant adaptations,
           integrated into enterprise risk management.        offering substantial emission reductions across
                                                              nearly all ports they operate in, and the company
           Wilson Sons evaluates both physical and transition   is already testing blends in some of its tugboats. A
           climate risks across short-, medium- and long-term  significant development is Wilson Sons’ pioneering
           horizons, leveraging the UN Intergovernmental Panel   use of hydrotreated vegetable oil (HVO), or
           on Climate Change (IPCC) climate scenarios to test   “green diesel,” in the Brazilian maritime sector.
           strategic resilience. Physical risks include sea level   HVO is a 100% renewable drop-in fuel, meaning
           rise and extreme weather events, while transition   it can replace fossil diesel completely in existing
           risks relate to regulatory shifts, the transformation   engines without modifications, while maintaining
           of the energy matrix and market pressures          performance indicators, and it’s even safer than
           for decarbonization. These risks may impact        diesel. It offers a reduction of more than 80% in life
           operations, revenue and infrastructure, while also   cycle GHG emissions. In an unprecedented move in
           creating opportunities such as increased demand    Brazil’s maritime history, Wilson Sons initiated a pilot
           for low-carbon logistics and growth in cargo related   project in 2025, to test HVO in five of its tugboats.
           to renewable energy. Overall, Wilson Sons views    This initiative not only reduces Wilson Sons’ direct
           climate challenges as a driver of innovation and   emissions, but also contributes to the indirect
           competitiveness, positioning itself as a sustainable   emissions reduction of its partners, impacting the
           partner across the logistics value chain.          entire maritime logistics value chain.

           Seizing the Opportunities: Innovation and          Conclusion
           Collaboration                                      The challenges facing the maritime sector in
           Operational efficiency and decarbonization are     achieving net-zero emissions are indeed complex
           core to Wilson Sons’ strategy. For instance, the   and multifaceted, demanding an integrated
           company introduced electric yard tractors in its   approach that combines technological innovation,
           container terminal in Salvador, becoming the first   cross-sector collaboration, and supportive
           maritime terminal in Latin America to use this     regulation. However, the opportunities are equally
           technology, which nowadays represents around       substantial. By embracing new technologies,
           50% of horizontal operations per year. In the      enhancing operational efficiency, and fostering
           container terminal in Rio Grande, the use of certified   partnerships, the maritime sector can not only
           renewable energy helped the company to reduce      significantly reduce its environmental impact but
           its scope 2 by around 40%. The use of Onshore      also lead the way towards a more sustainable
           Power Supply (OPS) in tugboats is increasing year   global economy. Wilson Sons’ commitment to
           after year, and the company is now innovating      sustainability, exemplified by their pioneering
           its fleet with the series of twin-fin hull tugboats,   in biofuels based solution in its tugboats fleet,
           which can reduce carbon emissions by up to 14%     underscores Brazil’s potential to play a protagonist
           due to enhanced hydrodynamic efficiency. The       role in this crucial climate agenda. The evolution of
           towage operations centre optimizes positioning and   the maritime sector in response to climate change
           maneuvering of the tugboats, increasing efficiency   will be a critical test of resilience and innovation,
           and saving fuel. To engage its clients, Wilson Sons   with profound implications for the future of
           is developing an insetting scheme, where its clients   global trade and the environment. Wilson Sons is
           will be able to abate its indirect emissions based on   committed to take part in it. That is a way to deliver
           the use of renewable sources, such as biofuels.    better futures.

           A significant step to energy transition is the
           biodiesel integration. Wilson Sons’ main engines
           are compatible with up to 30% of conventional


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