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Century Agenda: Strategic Objectives

(As amended December 19, 2017. Goals are intended to reflect attainment in 2037, unless explicitly noted otherwise.)

Strategy 1: Position the Puget Sound region as a premier international logistics hub

Objectives: 

1.   Grow seaport annual container volume to more than 3.5 million TEUs.
2.   Structure the Port of Seattle’s relationship with Washington ports to optimize infrastructure investments and financial returns.
3.   Triple air cargo volume to 750,000 metric tons.
4.   Triple the value of our outbound cargo to over $50 billion.
5.   Double the economic value of the fishing and maritime cluster.

Strategy 2: Advance this region as a leading tourism destination and business gateway

Objectives: 

6.   Make Seattle-Tacoma International Airport the west coast “Gateway of Choice” for international travel.
7.   Double the number of international flights and destinations.
8.   Meet the region’s air transportation needs at Seattle-Tacoma International Airport for the next 25 years.
9.   Double the economic value of cruise traffic to Washington state.

Strategy 3: Use the Port’s influence as an institution to promote women and minority business enterprise (WMBE) growth, small business growth, and workforce development.

Objectives:

10.   Triple the number of WMBE firms that contract with the Port and increase to 15 percent the percentage of dollars spent on WMBE contracts within five years, 2018-2023.
11.   Increase the proportion of funds spent by the Port with qualified small business firms on construction, goods, and services to 40 percent of the eligible dollars spent.
12.   Increase workforce training, job, and business opportunities for local communities in trade, travel, and logistics.

Strategy 4: Be the greenest, and most energy efficient port in North America

Objectives:

13.   Meet all increased energy needs through conservation and renewable sources.
14.   Meet or exceed agency requirements for stormwater leaving Port-owned or operated facilities.
15.   Reduce air pollutants and carbon emissions, specifically:
        i.   Scope 1 emissions, which are direct greenhouse gas emissions from Port owned or controlled sources, shall be:
             1.   15 percent below 2005 levels by 2020.
             2.   50 percent below 2005 levels by 2030.
             3.   Carbon neutral by 2050 OR carbon negative by 2050.
       ii.   Scope 2 emissions, which are indirect greenhouse gas emissions from consumption of purchased electricity, heat, or steam. The new Port-wide goals for Scope 2 shall be:
             1.   15 percent below 2005 levels by 2020.
             2.   50 percent below 2005 levels by 2030.
             3.   Carbon neutral by 2050 OR carbon negative by 2050.
      iii.   Scope 3 emissions are emissions the Port has influence over, not direct control. The new Port-wide goals for scope 3 emissions shall be:
             1.   50 percent below 2007 levels by 2030.
             2.   80 percent below 2007 levels by 2050.

16.   Anchor the Puget Sound urban industrial land use to prevent sprawl in less developed areas.
17.   Restore, create, and enhance 40 additional acres of habitat in the Green/Duwamish watershed and Elliott Bay.

The Port of Seattle will use its real estate, capital assets and financial capabilities to accomplish the Century Agenda. These are tools to thoughtfully steward, rather than areas well-suited for specific 25-year goals.

Regional Initiatives

  • Strengthen access to global markets and supply chains for Northwest businesses.
  • Make Washington a preferred destination for international travelers from countries with which we have direct flights.
  • Establish an educational consortium to serve the needs of the maritime industry for workforce development, applied research, and business growth.
  • Foster a coordinated effort among Puget Sound ports in support of Washington state’s pursuit of a healthier Puget Sound.
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