Maersk accelerates net zero for 2040 and 2030

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A.P. Moller – Maersk has announced that it has brought forward its emissions targets to 2040, ahead of its initial 2050 target to reach net zero.

Associated 2030 targets will ensure the company’s more sustainable offerings are pursued, and ‘significant’ emissions reductions could be made within this decade.

The new targets are expected to align with Science Based Targets initiative (SBTi) criteria to limit global warming to stay within a 1.5°C rise.

To maximise progress towards net zero supply chains in 2040, 2030 targets for a range of product offerings are being introduced, adding to solutions including Maersk’s Emissions Dashboard and Maersk ECO Delivery.

To reach its emissions targets, Maersk has committed to reducing 50% of gas emissions in its ocean freight, as well as a 70% reduction in absolute emissions.

Soren Skou CEO of A.P. Moller – Maersk said: “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.”
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