Investor Presentaiton
29
A.P. Moller-Maersk Annual Report 2020
Directors' Report Our business
Sustainability performance 2020
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A new level of integration
The approach of A.P. Moller - Maersk and this land-
scape of expectations were driving forces behind
the decision to fully integrate sustainability into
business activities, which was announced at the
end of 2019. To fully deliver on sustainability as
a strategic imperative, responsibilities must be
embedded in the business and owned by business
leaders. Governance and organisational struc-
tures that correspond with this decision have been
established, including a dedicated decarbonisa-
tion function.
2025
We aim to connect 50% of global containerised
trade to digital solutions that reduce supply chain
barriers.
Sustainability priorities for the global integrator
strategy were defined in 2020: Enabling sustaina-
ble trade by decarbonising logistics, sustainability
in our end-to-end offerings and responsible busi-
ness practices. Taking leadership on decarbonisa-
tion of logistics is the single-most important stra-
tegic sustainability priority for A.P. Moller - Maersk,
as decarbonisation of the fleet is the area beyond
comparison with the greatest potential for impact.
Furthermore, A.P. Moller - Maersk aims to increase
focus on sustainability in end-to-end offerings
in response to the increased responsibility and
opportunity to manage supply chain risks for cus-
tomers as part of its global integrator business
strategy. Commitments on inclusive trade, food
loss and ship recycling are now fully owned and
driven in the line of business. Responsible business
practices continue to form the strong foundation
including solid governance structures, accounta-
bility and transparency on policies, commitments
and performance across sustainability issues.
A.P. Moller-Maersk's business activities enable
open, inclusive and sustainable global trade, and
the company continues to actively engage in the
global debate through advocacy, projects and
partnerships. Even more importantly still more
elements are being added to the products and ser-
vices offered that can ease the access of SMEs
to participate in and benefit from global trade.
A.P. Moller - Maersk's work on helping to halve
food loss during transportation is run as an inte-
grated part of the Cold Chain Logistics business of
A.P. Moller-Maersk, focusing on developing and
scaling solutions to connect and integrate cus-
tomers' cold chains. This area now covers several
hundred customers across nearly 50 countries.
Investments made by the company's venture arm,
Maersk Growth, also contribute to the overall sus-
tainable development goal of reducing food loss.
Enabling sustainable trade
Sustainability priorities for the global integrator
Decarbonising logistics
Decarbonising logistics
Sustainability in our end-to-end offerings
Responsible business practices
As an industry leader and with the resources avail-
able at hand, A.P. Moller - Maersk has an obligation
to do what it can to get to a carbon-neutral fleet
as fast as possible, and to help customers decar-
bonise global supply chains end-to-end.
Vessel decarbonisation is beyond comparison the
area with the greatest direct impact. The majority
of efforts and investments in the near future will
be on decarbonising ocean activities, as this holds
the potential for the greatest impact and market
leadership that enables setting the direction for
an entire industry. However, expanding customer
offerings in line with being the global integrator
also makes it necessary to identify how the end-
to-end supply chain can be decarbonised.
L
The decarbonisation strategy spans across three
complementary pathways:
Building a market for carbon-neutral
shipping
Building on customers' increasing momentum,
integration of a new commercial strategy on sus-
tainability began, aiming to respond to and aid
customers on their decarbonisation journey.
One key feature in this is the Maersk ECO Delivery
product. Launched in 2019, it remains one of only
a few options for carbon-neutral shipping on the
global market so far. Read more about the product
on page 40.View entire presentation