Maersk greenhouse gas emissions targets have been validated by the Science Based Targets initiative (SBTi) to be in line with the 1.5-degree pathway from the Paris Agreement. This marks an industry first under SBTi’s Maritime Guidance.
Overall Net-Zero Target
- To reach net-zero greenhouse gas emissions across the value chain by 2040 from a 2022 base year.
Near-Term Targets – 2030
- To reduce absolute scope 1 GHG emissions 34.7% by 2030 from a 2022 base year.**
- To reduce absolute scope 3 GHG emissions 21.9% within the same timeframe.
- To reduce absolute well-to-wake scope 1 and 3 GHG emissions from container shipping operations 34.7% by 2030 from a 2022 base year.
- To reduce absolute scope 1 GHG emissions from all other sources 42% within the same timeframe.
- To reduce absolute well-to-wake scope 3 GHG emissions from subcontracted container shipping operations 16.7% within the same timeframe. Furthermore,
- To reduce absolute scope 3 GHG emissions from use of sold products covering distributed fossil fuels 42% within the same timeframe.
- To reduce remaining absolute scope 3 GHG emissions from fuel and energy related activities and upstream transportation and distribution 25% within the same timeframe.
- To increase annual sourcing of renewable electricity from 22.7% in 2022 to 100% by 2030.
Long-Term Targets – 2040
- To reduce absolute scope 1 and 2 GHG emissions 96% by 2040.*
- A.P. Moller-Maersk also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.
- To reduce absolute well-to-wake scope 1 and 3 GHG emissions from container shipping operations 96.2% by 2040 from a 2022 base year.
- To reduce absolute scope 1 and scope 2 GHG emissions from all other sources 90% within the same timeframe.
- To reduce absolute well-to-wake scope 1 and 3 GHG emissions from subcontracted container shipping operations 97.1% within the same timeframe. Furthermore,
- To reduce remaining absolute scope 3 GHG emissions 90% within the same timeframe.
We congratulate Maersk on its SBTi accreditation and call on the company to put its cargo vessels on a path to zero emissions by 2030. We applaud Maersk’s net-zero commitments, but the major shipper must also focus on truly getting its fleet to zero emissions.
… commented Jim Ace, Senior Campaigner at Stand.earth
