Maersk’s Ambitious Climate Goals: Net Zero Emissions by 2040

Maersk is the first company to have its climate targets validated under SBTi's new Maritime Guidance
"As Maersk targets net zero greenhouse gas emissions by 2040, validated targets include specific reductions in emissions from its operations and supply chains. The company is committed to collaborating with stakeholders to achieve these goals. Rabab Raafat Boulos, Chief Operating Officer, emphasizes the importance of global regulations to support the transition to green fuels."
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Maersk is aiming to achieve net zero greenhouse gas (GHG) emissions company-wide by 2040, with key milestones set for 2030. These targets include specific and absolute goals to reduce emissions from Maersk’s operations and supply chains, covering all areas of emissions. The company is deeply committed to taking action on the climate crisis and is proud that its targets have been validated by the Science Based Targets initiative. However, Maersk acknowledges that achieving these goals will require collaboration with customers, suppliers, industry peers, and regulators. The Chief Operating Officer, AP Moller – Maersk, Rabab Raafat Boulos, emphasized the need for global regulations from the International Maritime Organization (IMO) to bridge the price gap between fossil and green fuels, ensuring a level playing field.

Maersk’s commitment to reducing GHG emissions is evident in its targeting of net zero emissions by 2040 and specific goals for 2030. The company recognizes that achieving these targets will require collaboration with various stakeholders and is reliant on global regulations from the IMO to support the transition to green fuels. The company’s Chief Operating Officer emphasized the importance of working with the ecosystem of which Maersk is a part in order to achieve these ambitious climate goals.

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