Oct 19, 2021
Amazon, Ikea and Unilever pledge zero-carbon shipping by 2040
Nine big companies including Amazon, Ikea and Unilever have pledged to only move cargo on ships using zero-carbon fuel by 2040.They say the "Aggressive" target will help push the heavily-polluting shipping industry to decarbonise faster. "Maritime shipping, like all sectors of the global economy, needs to decarbonise rapidly if we are to solve the climate crisis, and multinational companies will be key actors in catalysing a clean energy transition in shipping," said Dan Porterfield of the Aspen Institute, which is coordinating the campaign. With about 90% of world trade moving by sea, maritime shipping accounts for 3% of all global emissions. Under the Paris Agreement goals, the shipping industry must use zero-carbon fuels at scale by 2030, and be fully decarbonised by 2050, at the latest. The International Maritime Organization, shipping's global regulator, is currently working on a strategy that only requires the sector to cut emissions by 50% by 2050 compared with 2008 levels.
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