Integrated container logistics company AP Moller-Maersk has become part of the Low Carbon Charter, introduced by Hong Kong Business Environment Council (BEC).

The charter will enable the company to support Hong Kong’s long-term decarbonisation goal.

Maersk has committed to put efforts in connection with establishing decarbonisation target(s) aligned with climate science and the ambitions of the Paris Agreement by committing to the Science Based Targets initiative.

It will execute strategic actions towards accomplishing the target(s) and reveal annually progress of setting/achieving target(s).

The company will also encourage its stakeholders to set as well as follow low carbon practices.

Maersk Asia Pacific legal head Daan Slotema said: “Decarbonisation is a strategic imperative for our industry and for Maersk. We are intensifying our efforts to achieve our ambition of becoming carbon neutral by 2050 and support our customers to decarbonise their supply chains.

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By GlobalData

“Hong Kong is one of the world’s leading maritime hubs, and I am pleased that we can take part in this significant task which requires collaborative contributions from the shipping and logistics sector.”

In March 2019, the BEC Low Carbon Charter was launched to mobilise firms in the property and construction value chain to jointly contribute towards Hong Kong’s long-term decarbonisation ambitions.

Since last year, the Charter has expanded to include several companies from different sectors.

Last week, Maersk announced plans to introduce the first in a series of eight large ocean-going container ships that will run on carbon-neutral methanol.

The first vessel will be introduced in Q1 2024 and these ships will provide Maersk customers carbon neutral transportation at scale on the high seas.