Friday, May 29, 2015

Maersk Sets 60% Emission Intensity Reduction Target for 2020

Maersk freighter (Image Credit: Maersk Line | CC-by-SA 2.0) Click to Enlarge.
The world’s largest container ship operator, Maersk Line, has announced a target to significantly reduce emissions produced per container moved.

Maersk Line plans to cut emissions per container moved by 60% by 2020 as part of a five year plan to reduce greenhouse gas emissions by 200 million tonnes of CO2e.  The amount of emission reduction envisaged is equivalent to emissions from all passenger cars in France, the company noted.

The shipping company has set 2007 as the baseline for calculation of emission reduction by 2020.
Over the last 3 years the company has been able to demonstrated that financial growth can be decoupled from emission growth.  While absolute GHG emissions were down by 13.5%, revenue grew by 0.9% to $27.3 billion in 2014.

Read more at Maersk Sets 60% Emission Intensity Reduction Target for 2020

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