Maersk is the first shipping company to join Amazon’s climate pledge

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Maersk becomes the first shipping company to join The Climage Pledge (file photo)

Posted on March 14, 2022 at 6:57 p.m. by

The Maritime Executive

Nearly 100 additional companies, including Maersk, have joined The Climate Pledge, an environmental initiative partly led by Amazon where signatories pledge to achieve full decarbonization of their operations by 2040, ten years ahead of the Accord. Paris. Maersk becomes the first major shipping company to join the program which includes more than 300 companies from around the world.


Maersk, like all companies that commit to The Climate Pledge, commits to immediately begin measuring and regularly reporting greenhouse gas emissions. All companies must also implement decarbonization strategies in line with the Paris Agreement through real business change and innovation, including efficiency improvements, renewable energy, material reductions and other strategies. elimination of carbon emissions. Finally, any participant in the commitment that has not achieved carbon neutrality of their operations by 2040 commits to implementing quantifiable, real, permanent and socially beneficial offsets to neutralize all remaining emissions from their operations. .


The initiative was co-founded in 2019 by Amazon and Global Optimism, an environmental activist group that “exists to catalyze and inspire action on climate change.” With the addition of companies ranging from Maersk to software company SAP and forestry company Weyerhaeuser, a total of 312 organizations have signed The Climate Pledge. According to the founders, this “sends an important signal that there will be rapid growth in demand for products and services that help reduce carbon emissions.” Companies participating in the program, they note, generate more than $3.5 trillion in global annual revenue and have more than eight million employees in 51 industries in 29 countries.


“It is encouraging that 300 companies have pledged to work together to reach net zero by 2040 or sooner through The Climate Pledge,” said Christiana Figueres, founding partner of Global Optimism and former United Nations climate chief. . “But 300 companies are not enough to achieve the transformations we need. I encourage all business leaders to get to grips with the science, translate it for their businesses, and enable the changes we need without delay.


By welcoming Maersk to The Global Pledge, the organization named the shipping company an industry leader and highlighted Maersk ECO Delivery, which aims to reduce emissions in shipping. Amazon pointed out that it began participating in this service in 2020 and continues today, reducing emissions by approximately 20,000 tonnes of CO2e (equivalent to 50 million average passenger vehicle miles). in 2021.


“Solving the climate emergency and decarbonizing our customers’ supply chains is a strategic imperative for Maersk,” said Soren Skou, AP Moller – CEO of Maersk. “Therefore, in January 2021, we accelerated our decarbonization commitment to net-zero emissions by 2040, a decade ahead of our original ambitions for 2050 and the Paris Agreement. green fuels, we all need to act now If we are expected to see change this decade, we cannot afford to wait, and in this context, we look forward to joining The Climate Pledge, an opportunity to team up with some of our key customers, to learn from them, and to share best practices and solutions.”


Last week, Maersk took a breakthrough step by announcing the formation of six agreements in China, North and South America, in addition to efforts already underway in Europe, to lay the foundation for a global network of supply of green, bio and e-methanol products to power the carrier’s next generation of vessels. Under the agreements, Maersk said it will have production capacity, by the end of 2025 at the latest, to reach well beyond the green methanol needed for its first 12 green container ships which will be built in South Korea for delivery in 2024.

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