European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
No Result
View All Result
Home < INDUSTRIES Logistic

A.P. Moller – Maersk accelerates Net Zero emission targets to 2040 and sets milestone 2030 targets

by Marie Weil
January 13, 2022
A A
Share on LinkedinShare on Twitter

Ambitious targets set for the entire A.P. Moller – Maersk business to achieve net zero greenhouse gas emissions in 2040 – one decade ahead of its initial 2050 ambition. Associated 2030 targets will ensure industry-leading green offerings and significant emissions reductions already in this decade.


Copenhagen – A.P. Moller – Maersk (Maersk) announces new aspiring emissions targets expected to align the company with the Net Zero criteria of the Science Based Targets initiative (SBTi) pathway to limit global warming to 1.5°C. They include a societal commitment to act now and drive material impact in this decade, and a commitment to deliver net zero supply chains to customers by 2040. 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.

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.Soren SkouCEO of A.P. Moller – Maersk

2030 targets for significant absolute emissions reductions

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.

Roadmap to deliver net zero by 2040

Our updated targets and accelerated timelines reflect a very challenging, yet viable pathway to net zero which is driven by advances in technology and solutions. What is needed is a rapid scale-up which we will strive to achieve in close collaboration with customers and suppliers across the entire supply chain.Henriette Hallberg ThygesenCEO of Fleet & Strategic Brands, A.P. Moller – Maersk

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.

2030 targets to lead the industry on green offerings

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 (see fact box below). These products will utilise green technologies and solutions to ensure that they provide real emission reductions within the supply chain.

Covering indirect emissions means the targets also address emissions from e.g., inland transport services and vessel building which are provided by third party suppliers. Tackling this challenge will require extensive data insights and close collaboration with local and regional suppliers of products and services across the Maersk business footprint.

Fact Box

The Maersk Decarbonisation Targets

2040
Net zero emissions across entire business and all scopes

  • Will be aligned with the SBTi net zero criteria

2030
Commitments to customers and society to act now and have impact in this decade

Emissions reduction aligned with SBTi 1.5°C pathway (Scope 1 and 2, baseline 2020)

  • Ocean: ~50% reduction in greenhouse gas emissions intensity
  • Terminals: ~70% absolute reduction of greenhouse gas emissions
  • Natural Climate Solutions used above and beyond 1.5°C target to build a portfolio that generates around five million tons of CO2 savings per year by 2030

Industry leading green customer offerings across the supply chain

  • Ocean: 25% of all cargo transported using green* fuels
  • Air: Minimum 30% of cargo transported using Sustainable Aviation Fuels (SAF)
  • Contract Logistics (warehouses and depots) and Cold Chain: Minimum 90% green* operations (Scope 1 and 2)
  • Inland transportation: Industry leading green offering – targets will be set during 2022

*Green means fuels or energy that have low or very low greenhouse gas emissions on a life cycle basis

Tags: < ESG | Sustainability

Related Industries

Logistic

DHL Express launches GoGreen Plus: First global express courier to give customers the opportunity to use Sustainable Aviation Fuel to reduce emissions

February 17, 2023
Logistic

DHL and Cainiao join forces in Poland: initial investment of EUR 60 million to build the largest out-of-home delivery network

February 7, 2023
Logistic

Maersk partners with Cozero to enhance emission visibility for international E-commerce

February 1, 2023
Logistic

DHL Supply Chain opens its largest fully-automated robotic fulfillment center in Germany for Peek & Cloppenburg* Düsseldorf

January 19, 2023
Logistic

A.P. Moller – Maersk and DP World enter a long-term partnership to decarbonise logistics and improve customer services

January 14, 2023
Logistic

A.P. Moller – Maersk announces new executive leadership team

January 11, 2023

Change in top management at Lufthansa Group and Lufthansa Airlines

February 23, 2023

...

Infineon and UMC extend automotive partnership with long-term agreement for 40nm eNVM microcontroller production

March 8, 2023

...

Choy van der Hooft-Cheong becomes new chair of Talent naar de Top

March 11, 2023

...

default

Voith Hydro opens new center of competence for generator components

March 8, 2023

...

Yvonne Bettkober to be Head of Organizational Development and Transformation for the Volkswagen Group

March 7, 2023

...

Carlsberg Group appoints new Chief Executive Officer

March 17, 2023

...

Volkswagen Appoints Nicole Mommsen as Head of Global Communications and Sustainability at Group Technology

March 1, 2023

...

Interview with Mr. Sébastien Huron, CEO, Virbac group

March 6, 2023

...

Amazon pays millions of euros in corporate tax across Europe

March 8, 2023

...

GE Renewable Energy continues to add wind power to Lithuania

March 3, 2023

...

Asia Pacific Business Asia Pacific Business Asia Pacific Business

EUROPEAN BUSINESS is a premier source of corporate news, business information and insights across broad spectrum of industries in Europe and worldwide.  We are one of the members of the Business World Network.

RESOURCES

  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

CONTACT US

EDITORIAL:     editor # european-biz.com

PARTNERSHIP:     partnership # european-biz.com

HUMAN RESOURCE:     hr # european-biz.com

* (replace # with @)

  • Official Site

Copyright © EUROPEAN-BIZ.COM All rights reserved.

No Result
View All Result
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

Copyright © EUROPEAN-BIZ.COM All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist