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Maersk sets new bar with shipping’s first climate target validation

February 9, 2024

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AP Moller-Maersk has achieved another industry first, having validated its decarbonisation targets to be in line with the Paris Agreement’s goal to hold the global average temperature increase at 1.5C above pre-industrial levels.

The Danish shipping and logistics group has seen its goals verified by the Science Based Targets initiative (SBTi) – a group that has become the go-to judge of corporate climate targets globally.

Maersk said the initiative established by several climate groups, including the World Wide Fund for Nature and the United Nations Global Compact, approved its 2030 targets and its goal of reaching net zero greenhouse gas emissions by 2040.

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