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Maersk among big names including Unilever and Microsoft in new net zero initiative

The heads of nine companies including Maersk yesterday announced the establishment of a new initiative to accelerate the transition to a net zero global economy.

The initiative, known as Transform to Net Zero, intends to develop and deliver research, guidance, and implementable roadmaps to enable all businesses to achieve net zero emissions.

The initiative will be led by founding members including A.P. Moller – Maersk, Danone, Mercedes-Benz, Microsoft, Natura &Co, Nike, Starbucks, Unilever, and Wipro, as well as Environmental Defense Fund (EDF). The initiative is supported by BSR, which is serving as the secretariat for the initiative.

Transform to Net Zero will focus on enabling the business transformation needed to achieve net zero emissions no later than 2050, in addition to driving broader change with a focus on policy, innovation, and finance. The outputs of the initiative will be widely available to all, though additional companies may join.

The initiative intends to complete the outputs of this work by 2025.

Søren Skou, CEO of A.P. Moller – Maersk, said: “A.P. Moller – Maersk is committed to a carbon-neutral future of transport and logistics. To contribute to the Paris agreement’s goal, we announced our ambition of having net-zero CO2 emissions by 2050 back in 2018. Since then we have taken several concrete actions to decarbonise the industry. The overall target of keeping global warming below 1.5 degrees can only be reached through strong alliances across sectors and businesses.”

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Comments

  1. Any gains in efficiency and environmental protection offered by ships will be outrun by infinite greed of E-commerce, which is the real problem to fight!

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