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Maersk advances net-zero emissions by 10 years

Copenhagen – A.P. Moller – Maersk has announced a new bar to achieve net-zero greenhouse gas emissions across its entire business: 2040 instead of the original target of 2050.

“As a global provider of end-to-end logistics services across all transport modes, it is a strategic imperative for Maersk to extend our net-zero ambition to the total footprint of the business,” stated Soren Skou, CEO of A.P. Moller – Maersk. “These very ambitious targets mark our commitment to society and to the many customers who call for net-zero supply chains.”

Tangible near-term targets for 2030 are set to ensure significant progress on curbing direct Maersk emissions already in this decade.

These include a 50% reduction in emissions per transported container in the Maersk Ocean fleet and a 70% reduction in absolute emissions from fully controlled terminals. Depending on growth in the ocean business, this will lead to absolute emissions reductions between 35% and 50% from a 2020 baseline.

As recommended by SBTi, over the decade Maersk will go above and beyond the 1.5°C-aligned targets and invest in building a portfolio of natural climate solutions that will result in around five million tons of CO2 savings per year by 2030.

To maximise progress towards net zero supply chains in 2040, ambitious 2030 targets for a range of green product offerings are introduced, adding to solutions including Maersk’s Emissions Dashboard and Maersk ECO Delivery. They aim to reinforce Maersk as an industry leading provider of green supply chain solutions and cover Ocean, Air, Contract Logistics (warehouses and depots) and Cold Chain businesses. These products will utilise green technologies and solutions to ensure that they provide real emission reductions within the supply chain. (Maersk photo)

 

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