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Only 35% of shipping companies committed to climate target by 2050, study says

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According to a new study, only 33 major shipping firms have a publicly stated goal of achieving net zero by 2050 or have committed to IMO targets of 50% absolute reduction in 2050 compared to 2008, which accounts for 35% of the world’s 94 largest shipping companies. 

The study, conducted by the Maersk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS), a Danish independent research center, is based on the published decarbonization targets and actions of the major enterprises by owned capacity in the tanker, bulk, container, and RORO/ car segments. 

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