VIDEO: Maersk aims to be CO2 neutral by 2050
As world trade and thereby shipping volumes continue to grow, efficiency improvements on the current fossil-based technology can only keep shipping emissions at current levels but not reduce them significantly or eliminate them.
Maersk will continue to work on efficiency measures to continue to decouple growth in our business from our CO2-emission levels. The company has invested substantially in efficiency measures for 10 years and have reduced our relative emissions by 41% compared to 2008. Efficiency is not enough to live up to the Paris Agreement’s ambition of keeping global warming below 1,5 degrees Celsius.
To achieve this goal, Maersk plans fully move to new carbon neutral fuels, and supply chains must fully eliminate fossil fuels. Moller-Maersk has set ourselves the goal of reaching carbon neutrality in own operations by 2050.