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Maersk scores 4.9/5.0 on environmental reporting

Maersk scores 4.9/5.0 on environmental reporting

Based on their sustainability success monitoring and planning, Maersk, the world's largest container shipping company, tops the list of 12 liner companies, the Gliese Foundation said.

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The company earned 4.9 out of a possible 5.0 stars, the foundation said.

As explained, the company's 2019 sustainability study from the very beginning keeps the bull by the horns-GHG emissions-and almost no paragraph is wasted.

In the specifics of reporting, the company varies greatly from other liners and takes responsibility for its share of pollution in the industry, whereas its counterparts appear to be quite ambiguous in their commitments and plans.

Maersk plans to achieve net-zero emissions from its shipping operations by 2050, which is far more ambitious than the targets of the IMO.

The firm notes that its two strategic CO2 emissions targets are:

1) To have, by 2050, net-zero CO2 emissions from its own activities, including making, by 2030, net-zero commercially viable vessels on board.
2) Deliver a 60% relative reduction in CO2 emissions compared to 2008 levels by 2030.

“If the largest liner achieves it, the demonstration effect across the maritime industry, the transformation that it will provide could become the most important maritime turning point in decades, only comparable to the replacement of sails by steam in the XIX century or the replacement of coal by oil in the XX century,” the foundation stated.

Maritime Business World 

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