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Odfjell joins the 'Getting to Zero' coalition

As part of the efforts to drive actions for climate change, Odfjell has joined the Getting to Zero coalition – a global alliance working to operate zero-emission vessels on deep-sea trades by 2030. The coalition was launched at the UN Climate Action Summit this week. To date, more than 80 companies have joined, supported by 11 governments and key IGOs.

The coalition is an initiative led by the Global Maritime Forum, Friends of Ocean Action and the World Economic Forum. Its ambition is to have “commercially viable zero-emission vessels operating along deep-sea trade routes by 2030, supported by the necessary infrastructure for scalable zero-carbon energy sources including production, distribution, storage and bunkering.”

“It is impossible to solve these challenges alone, so we need to establish strong global partnerships within and outside of the shipping industry as this will require drastic changes to the technology which the industry is sharing. We have worked for many years to reduce our environmental footprint, and look forward to contribute to the ambitious goal of the Getting to Zero coalition. A collaborative partnership with industry colleagues, strongly backed by governments and influential organizations give us all a solid foundation to take the next big step towards a decarbonized industry.” 

Kristian Mørch, CEO of Odfjell SE

International shipping carries around 80% of global trade and accounts for 2-3% of global greenhouse gas emissions annually. The goal of realizing zero-emission vessels is aligned with IMO’s strategy, prescribing that shipping must reduce its total annual greenhouse gas emissions by 50% of 2008 levels by 2050.

To reach the goal, vessel development and a more sophisticated fuel supply chain are fundamental. The success is dependent on collaboration between a broad spectrum of partners – and innovation across the board.

The coalition was officially launched at the UN Climate Action Summit this week, and the committed number of members is growing. The 80 companies enrolled so far represent a broad spectrum of the maritime industry, comprising ship owners and producers, financial institutions, fuel and energy, logistics, think tanks, insurers – among them Maersk, Shell, Unilever, Cargill, Wallenius Wilhelmsen, Kuehne + Nagel, RightShip, Wärtsila, DNB and Gard, to mention a few.

“As one of the world’s largest ship owner of deep-sea chemical tankers, Odfjell commits to being a responsible and sustainable operator. Our work on sustainability is based on UN’s Sustainable Development Goals. Together with our other initiatives, the ‘Getting to Zero’ coalition will be a strong contributor in our continuous efforts to improve.”

Kristian Mørch

For more information: Getting to Zero coalition.

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