Maersk Group has issued its sustainability report for 2015 which continues to address sustainability challenges and to focus on three priority areas: enabling trade, energy efficiency and investing in education.
According to the report, in 2015 Maersk reduced CO2 emissions, progressing toward Group target and decoupling growth in volume from CO2-emissions. Maersk also participated actively in partnerships and high-level advisory groups on carbon emissions in transportation. In the area of enabling trade, the Group continued its work in three pilot projects and enhanced its advocacy of the WTO trade facilitation agreement. Maersk also mapped and evaluated current investments in education and developed a model for upgrading the skill levels of a country, the viability of which will be determined during 2016.
Key issues
- Trade is a key driver of growth and development and a core element in Group’s sustainability strategy to unlock growth for countries and communities.
- The Maersk Group continued to reduce CO2 emissions while growing business in 2015. Based on our learnings from this decoupling, Maersk advocates and advises on the role of transport in limiting climate change
- Corruption is one of the most serious risks Maersk faces as a global business. Many of the Maersk Group’s operations are in countries where the risk of corruption is high, including demands for facilitation payments despite these being illegal in most parts of the world. In line with Group’s values, Maersk conducts its business in an upright manner.
- Ship recycling is a heavily debated issue known to attract great stakeholder attention, mainly due to work practices on beaches. Media coverage of such beaching facilities have pointed to issues with child labour, frequent fatalities and only little control over spills of oil and chemicals. To many, ship recycling has become synonymous with negative human rights impacts and environmental degradation.
Learn more by reading Maersk’s sustainability report 2015
Source: Maersk
