A.P. Moller - Maersk aims to achieve net zero greenhouse gas emissions in 2040 – one decade ahead of its initial 2050 ambition and has also set associated 2030 targets.

Maersk’s new targets are expected to align it with the Net Zero criteria of the Science Based Targets initiative (SBTi) pathway to limit global warming to 1.5°C. They include a commitment to deliver net zero supply chains to customers by 2040.

Maersk has committed to transport 25% of all ocean cargo using green fuels by 2030, among other targets.

Source: Rickmers Group

Maersk has committed to transport 25% of all ocean cargo using green fuels by 2030, among other targets.

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,” said Soren Skou, CEO of A.P. Moller - Maersk.

Tangible near-term targets for 2030 have been 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, 25% of all ocean cargo transported using green fuels 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.

Green product offerings are being 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.

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.

By 2040, Maersk is targeting net zero emissions across its entire business and all scopes (aligned with the SBTi net zero criteria).

“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,” says Henriette Hallberg Thygesen, CEO of Fleet & Strategic Brands, A.P. Moller - Maersk.

Maersk has supported the development of a range of green ship technologies including conducting trials of two Norsepower Rotor Sails onboard a Maersk Tankers product tanker and installing Silverstream’s proprietary air lubrication system on a large container vessel.