A.P. Moller-Maersk (Maersk) has collaborated with eight companies, including Mercedes-Benz, Microsoft, Nike and Starbucks, to launch an initiative aimed at creating a net carbon zero global economy.
In a statement, Maersk said the initiative, known as ‘Transform to Net Zero’, intends to develop and deliver research, guidance and implementable road maps to enable all business to achieve net zero emissions.
Transform to Net Zero will focus on enabling the business transformation needed to achieve net zero emissions no later than 2050, in addition to driving broader change with a focus on policy, innovation, and finance.
The outputs of the initiative will be widely available to all, though additional companies may join. The Initiative intends to complete the outputs of this work by 2025.
In addition to the above mentioned companies, Transform to Net Zero will also include Danone, Natura &Co, Unilever, and Wipro, as well as Environmental Defense Fund (EDF). The Initiative is supported by BSR, which is serving as the Secretariat for the Initiative.
Søren Skou, CEO of A.P. Moller – Maersk, said: “A.P. Moller – Maersk is committed to a carbon-neutral future of transport and logistics. To contribute to the Paris agreement’s goal, we announced our ambition of having net-zero CO2 emissions by 2050 back in 2018.
“Since then we have taken several concrete actions to decarbonise the industry. The overall target of keeping global warming below 1.5 degrees can only be reached through strong alliances across sectors and businesses.
“We are therefore happy to join Microsoft and other global companies in the Transform to Net Zero initiative.”
Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG, also commented: “If there is one lesson we can learn from dealing with the COVID-19-pandemic it is how much we can achieve if we act together.
“This is the only way we can also win the fight against climate change. We need to set common goals and implement measures to achieve them.
“That’s why we are joining ‘Transform to Net Zero.’ Our mission at Mercedes-Benz is CO2-neutral mobility. We are making good progress towards this end and we are determined to follow through.”
Brad Smith, President, Microsoft, added: “No one company can address the climate crisis alone. That’s why leading companies are developing and sharing best practices, research, and learnings to help everyone move forward.
“Whether a company is just getting started or is well on its path, Transform to Net Zero can help us all turn carbon commitments into real progress toward a net zero future.”
Andy Campion, Chief Operating Officer, NIKE, Inc., said: “When it comes to protecting the playing field we share—our planet—there isn’t a moment to lose.
“That’s why we aren’t waiting for solutions to climate change, we’re coming together as global leaders to create them. If we act now, and work together, we can drive meaningful progress toward a more sustainable future.
“We’ll be relentless in our pursuit of ensuring a healthy planet for generations of athletes to come.”