The nomination is for Maersk Line’s dedicated efforts towards continuously raising industry standards and to enabling global trade and economic development in the most sustainable manner possible. Maersk Line has raised the bar for energy efficiency, setting a bold new CO2 target of 60%. The impact of this new target will be a sustained decoupling of economic growth from CO2 emissions. In effect, a license to grow our business – and our customers’ businesses – in years to come.
Maritime transportation has been, and continues to be, an important vehicle of global trade and prosperity. As the world’s largest container shipping company, Maersk Line’s role in enabling global trade and development is our most significant contribution to the world. Much of the goods traded throughout the world see the inside of one of our containers. Not only do we power some of the world’s largest ships – we also fuel the growth ambitions of businesses and individuals all over our planet.
One of the ways to do this is to decouple growth from resource consumption. For several years now, Maersk Line has driven energy efficiency improvements across the company, pioneering initiatives ranging from network design and speed optimization to technical upgrades and the deployment of new and more efficient ships in our network, such as our Triple-E vessels.
In recognition of these achievements, in 2014 we set ourselves a bold target. We will reduce CO2 emissions per container moved by 60% by 2020. The impact of this new target is a sustained decoupling of economic growth from CO2 emissions. In effect, a license to grow our business – and our customers’ businesses – in years to come. Innovation will be key to delivering the new CO2 target, including pioneering fleet and network innovation beyond what can be reasonably fathomed today, and this is why the entire organization is rallying to accelerate progress for tomorrow.
- Maersk Line raised its ambitions further in 2014 with a bold new target to reduce CO2 emissions per container moved by 60%. To date, we have reduced relative emissions by 40%.
- In 2020, Maersk Line expects 80% growth in volume compared to 2007 while reducing absolute CO2 emissions by 14 million tonnes per year (40%).
- Over the past 7 years, Maersk Line has pushed the envelope for energy efficiency and CO2 reductions. Today, we are more than 10% ahead of the rest of the industry according to global benchmarks, and according to the CCWG.
- With our new CO2 reduction target of 60%, we will take our efforts even further. To achieve the target, average fleet performance will have to be below current E-class performance today. Until introduction of the Triple-E in 2013, the E-class with a 15,500 TEU capacity was the most fuel-efficient vessel in the Maersk Line fleet, emitting 34 g CO2 per TEU km.