CEO of the Maersk Group Nils Smedegaard Andersen spoke at the BSR (Business for Social Responsibility) Conference in New York and outlined Maersk Line’s new CO2 target.
Highlighting the importance of an industry-wide effort to reduce CO2 emissions, Mr Andersen announced Maersk Line’s new Carbon Emissions target, reinforcing Maersk Line’s commitment to be ‘part of the solution’.
“Over the past years, we have driven significant energy efficiency improvements across our fleet, pioneering initiatives from speed optimisation and technical upgrades to designing new and more energy efficient ships, the Triple-E’s” said Mr Andersen.
Since 2007 Maersk Line has cut the average CO2 impact of a container by more than a third. Simultaneously, Maersk Line’s focus on energy efficiency has made the company significantly more cost competitive thereby decoupling growth from resource consumption
Maersk Line has set itself a bold new target of reducing CO2 emissions per container moved by 60%, relatively to 2007 standards. This is up from a previous 40% mark set last year.
This means that in 2020 Maersk Line will have increased our volumes by 80% while cutting our absolute emissions by 15 million tons. In this way Maersk Line can continue to grow our business and help increase trade without increasing our impact on the environment.
“Maersk Line’s focus on energy efficiency enables us to be cost competitive while fulfilling our ambition to grow responsibly. That is why we are decoupling growth from resource consumption to achieve this” says Søren Toft, Chief Operating Officer for Maersk Line.
Source and Image Credit: Maersk Line
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