We have set a goal for our operations to be net carbon neutral in 2050. To reach this goal, we have set a roadmap of 60% relative emission reductions in 2030 and net carbon neutral operations in 2050. We also have as an ambition to have a commercially viable net zero ship on the seas before 2030. We are well l underway on this roadmap with 42% relative emission reductions today. We will continue to work intensely on energy efficiency measures for emission reductions. But to reach net-zero emissions, we need to transition to alternative and sustainable marine fuels.
Maersk is also a partner in the “Maersk Mc-Kinney Møller Center for Zero Carbon Shipping”, which is an independent and non-profit research facility with a mission to decarbonise global shipping. The Center is made possible by a donation from the A.P. Møller Foundation.
Maersk is together with Copenhagen University developing a new scalable, low cost carbon neutral fuel called LEO. The fuel is a mix of alcohol and a plant waste material and is currently being produced at ton level to undergo engine testing within the next year.