The world’s biggest shipping company AP Moller-Maersk has announced it is bringing its net zero target forwards to 2040, 10 years earlier than the target it set for itself of 2050 back in 2018.The company has said the acceleration in de-carbonising its supply chain was due to rising consumer demand for environmentally-friendly transport, and improvements in technology.Around 90 per cent of all global trade is done by sea, and global shipping pollution accounts for 3 per cent of all greenhouse gas emissions.The desire for climate-friendly shipping has been driven by major firms including Ikea and Amazon, Maersk’s chief executive of Fleet and Strategic Brands Henriette Hallberg Thygesen told Reuters.Last year Maersk announced it was investing in new ships capable of running entirely on methanol, with the first planned to come into service in 2023, but it has now said a quarter of…
Maersk cuts decarbonisation target by decade due to rising demand for clean transport
