Energy Efficiency, GHG Emissions - January 12, 2022
A.P. Moller - Maersk Sets Net Zero Targets to 2040
A.P. Moller - Maersk (Maersk) announces new emissions targets, including a commitment to deliver net zero supply chains to customers by 2040 and near-term targets for 2030.
The targets go beyond previous efforts to reduce emissions related to the ocean fleet as they cover all direct and indirect emissions across the entire Maersk business. 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.
“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. The science is clear, we must act now to deliver significant progress in this decade. These very ambitious targets mark our commitment to society and to the many customers who call for net zero supply chains,” said Soren Skou, CEO of A.P. Moller - Maersk in a statement.
To maximize progress towards net zero supply chains in 2040, new 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 utilize green technologies and solutions to ensure that they provide real emission reductions within the supply chain.