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
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.
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.
