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SAFETY4SEA

Maersk joins SteelZero to achieve net zero steel

by The Editorial Team
April 7, 2022
in Emissions
maersk steelzero

Credit: Maersk

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To contribute to the transition to sustainable green steel, Maersk has decided to join Climate Group SteelZero, an initiative which brings together organisations to accelerate the transition to a net zero steel industry.

The steel industry is one of the largest emitters of CO2, contributing around 7% of global greenhouse gas emissions, and Maersk’s entry to SteelZero underscores the company’s commitment to demanding net zero steel and boosting a rapid scale-up, said Henriette Hallberg Thygesen CEO of Fleet & Strategic Brands, A.P. Moller – Maersk

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A significant number of the more than 700 vessels operated by Maersk are projected to be recycled in the next decade with a large proportion being the post-panamax size ships, steel makes up approx. 90% of ship´s weight.

Global ship recycling volumes are projected to nearly double by 2028 and quadruple by 2033. Recycled steel will progressively be recognised as a viable raw material for steel consumers with net-zero emissions targets

stated Palle Laursen Senior VP & Chief Technical Officer, A.P. Moller – Maersk.

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By joining SteelZero, Maersk collaborates with industry organisations committed to climate-aligned steel procurement and progress in developing a policy framework towards responsible production and sourcing of steel.

We see Maersk joining our SteelZero campaign as marking a pivotal moment in the global transition to a net zero steel industry

added Helen Clarkson CEO of Climate Group.

Led by the international non-profit Climate Group in partnership with ResponsibleSteel, organisations that join SteelZero make a public commitment to procure, specify or stock 100% net zero steel by 2050.
Tags: decarbonizationgreen practicesMaerskreducing shipping emissions

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