Syngenta Crop Protection and Maersk have announced a five-year renewal of their fourth-party logistics (4PL) cooperation.
A 4PL provider enhances third-party logistics by managing resources, technology, infrastructure, and other logistics providers to develop, construct, and deliver customised supply chain solutions.
Maersk aspires to reach net zero GHG emissions throughout its whole company by 2040, whereas Syngenta’s sustainability initiatives include intensifying efforts to decarbonise operations and establishing defined targets for sustainable operations.
READ: Maersk unveils first own-licensed bonded warehouse in Vietnam
Under the cooperation, regular reporting on emissions and continuing engagement on sustainability results are critical determinants of corporate performance.
Over the past eight years, Syngenta and Maersk have successfully navigated major disruptions thanks to significantly increased resilience, including the COVID-19 pandemic and the Red Sea crisis and identified opportunities for reducing GHG emissions from Syngenta’s supply chain.
READ: Maersk opens its largest distribution centre in Philippines
Mike Hollands, Global Head of Production & Supply at Syngenta Crop Protection, stated: “Syngenta and Maersk have a strong alignment in prioritising sustainability and driving innovation.
“Our partnership has proven its value, and we look forward to achieving new milestones together by continuing to develop and implement cutting-edge solutions that optimise our supply chains, leveraging digital logistics and artificial intelligence.”
Dimitris Armenakis, Global Head of Managed by Maersk Product, said: “The journey we are on together with Syngenta underpins Maersk’s position as an integrated logistics provider.”