Navigator reduces 30% of the group’s CO2 emissions in 2021 with new biomass boiler at Figueira da Foz
The Navigator Company recently inaugurated a new biomass boiler at its Figueira daFoz industrial complex, in an overall investment totalling €55 million. This investment will allow the company to cut its fossil carbon dioxide emissions at this complex by around 150,000 to 200,000 tonnes per year, or 30% of the group’s emissions, in 2021. This investment is part of the decarbonization strategy of the company, who decided in 2019 to meet European targets early and achieve carbon neutrality at all of its industrial complexes by 2035, achieving an 86% reduction in its CO2 emissions by this date. Note that Navigator was the first Portuguese company, and one of the first worldwide, to set such an ambitious goal. Achieving this goal will require a total investment of €154 million, €55 million (around 35%) of which has already been invested to date since Navigator took on the commitment.