SAAM Towage Panama received three awards through the Ministry of Environment’s Reduce Your Corporate Carbon Footprint program and ranked among the Top 50 on the National Emissions Registry.
SAAM Towage Panama earned recognition for:
- Inventory+: Reporting GHG inventories in Scopes 1 (direct emissions from fuel consumption in vehicles, electric generators and refrigerant leaks) and 2 (indirect emissions associated with electricity consumption).
- Reduction: Quantifying, verifying and implementing mitigation measures that cut reported GHG emissions.
- Water Footprint Quantification: Measuring and documenting its water footprint in Panama.
These recognitions demonstrate our commitment to responsible environmental management and our continuous effort to make improvements that minimize our impact. At SAAM, we recognize that measuring, managing and reducing our emissions and water footprint is essential to progressing toward more sustainable operations in line with the global challenges of climate change,” said SAAM Towage Central America Cluster Manager, Matia de Luiggi.
These awards, presented for the first time, distinguished companies that participated in the 2024 Reduce Your Corporate Carbon Footprint program, a voluntary initiative by the Panamanian government focused on managing the carbon footprint.
This is the second year that SAAM has participated in the program. In 2023, the company earned the Inventory+ badge by quantifying and verifying its emissions. In 2024, it went a step further, cutting Scope 1 (fuel) emissions by connecting tugboats to the power grid when not sailing, achieving efficient speeds, optimizing routes with the Time Zero project, and complying with maintenance and fleet renewal plans. These actions cut fuel use by nearly 150,000 liters, or about 370 tons of CO₂ annually, and earned the company an award for reducing emissions.
This new milestone reaffirms SAAM’s regional leadership in sustainable practices and its dedication to actively supporting the achievement of climate and environmental goals for Panama and the region.
