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Wednesday, February 10, 2021 

A.P. Moller-Maersk has published its 2020 annual report, in which the group's board states that sustainability continues to be at the top its agenda, being fully committed to reducing CO2 emissions and working towards carbon neutrality in 2050.

Naturally, the main focus of the report is on financial results, and the impsct of the pandemic, but the board continues to look towards a carbon-neutral future. The company says that customers are demanding responsible transportation of their goods so they can limit their own carbon footprint. In June 2020, the A.P. Møller Foundation established the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to take the next step to develop new fuel types and technologies, working with a group of like-minded global industry leaders.

The current Maersk strategy for ocean shipping revolves around development and commercialisation of products that reduce the carbon footprint of customer supply chains. A.P. Moller-Maersk's carbon-neutral solution for ocean transport, Maersk ECO Delivery, is based on sustainable biofuel from waste sources such as used cooking oil. According to the report, this provides direct carbon savings, not carbon offsets, by ensuring that for any Maersk ECO Delivery container transport, enough sustainable biofuel will be purchased and used in the A.P. Moller- Maersk network to neutralise the carbon emissions that would have occurred using standard fuel. These CO2 savings are allocated to the customer and verified by the Roundtable on Sustainable Biomaterials.

In 2020, customer uptake of Maersk ECO Delivery exceeded expectations. So far, around 10 major customers have chosen to purchase this carbon-neutral emissions transport solution, and this number is expected to increase.

"While this is very promising," says the report, "it represents a small share of the total amount of containers transported by A.P. Moller-Maersk, and we need much more customer demand to scale net-zero emissions offerings and enable a transition to full decarbonisation."

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