Sustainability at A.P. Moller - Maersk
A.P. Moller - Maersk is committed to ensuring that our business practices are safe, responsible and transparent, in accordance with our Core Values and the principles of the UN Global Compact on human rights, labour rights, environment and anti-corruption, and contributing to the UN Sustainable Development Goals.
Our commitments on decarbonisation
Decarbonisation is a strategic imperative for our industry and our company. We are intensifying our efforts to achieve net zero emissions and support our customers to decarbonise their supply chains.
By 2030, deliver 60% relative reduction in CO₂ emissions compared to 2008 levels.
By 2023, have commercially viable, net zero vessels operating in our fleet.
By 2050, have net zero CO₂ emissions from our own ocean operations.
By end 2020, we had achieve 46.3% reduction in emissions compared to 2008, with 2.5% of that achieved in 2020 alone.
Our research shows that net zero technologies are available, and we will not use transition fuels (such as LNG) but leapfrog to fully net zero fuels.
We are working with customers, partners and regulators to build the market, fuel supply chains and policy frameworks to support net zero emissions shipping.
We see it as our obligation – as an industry leader and with the resources available to us – to do all we can to get to a carbon neutral fleet as fast as possible and to help our customers decarbonise their global supply chains end to end.
Today, 90 of our top 200 customers have set or are in the process of setting ambitious science-based or zero carbon targets. We have since 2018 been committed to set a science based target, and we are actively engaging with the Science-Based Target Initiative on developing a methodology for shipping.
Our efforts on decarbonisation have been anchored in a dedicated function counting more than 50 people, tasked with ensuring collaboration across commercial, operational, technological, and corporate entities, and making decarbonisation an even stronger strategic priority across the business.
We have defined three complementary pathways to pursue our decarbonisation targets: building markets, developing technologies, and enabling the development of policy framework conditions.