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 2023, have the first carbon-neutral operated vessel on the water.
By 2030, deliver 60% relative reduction in CO₂ emissions compared to 2008 levels.
By 2050, have net zero CO₂ emissions from our own ocean operations.
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.
By end 2020, we had achieve 46.3% reduction in emissions compared to 2008, with 2.5% of that achieved in 2020 alone.
We are working with customers, partners and regulators to build the market, fuel supply chains and policy frameworks to support net zero emissions shipping.
The latest scientific assessments leave no doubt that the world must embark on an all-encompassing transformation process away from the reliance on fossil fuels. This goes for shipping as well, and we have taken steps to respond to this need. With our size and industry reach, we have the opportunity to be a driving force in decarbonising shipping and logistics. We are both able and willing to take that role upon us. Our current ambition is to have net-zero CO2 emissions from our own operations by 2050, with net-zero emission vessels in operation by 2023, and to reduce our relative CO2 emissions by 60% in 2030 compared to 2008.
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. 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.
Today, half of our top-200 customers have set net zero or science-based carbon reduction targets. Our customers look to us to provide solutions that help them solve the supply chain emission problem. A. P. Moller - Maersk has been committed since to set a science-based target, and we are actively engaging with the Science-Based Target Initiative on developing a methodology for shipping.
We see it as our responsibility to offer end-to-end solutions to support our customers’ ambitions to decarbonise their supply chains. While we are actively working to further extending our product offerings with solutions tackling CO2 reductions, solutions to track, report, as well as reduce emissions are already available today.