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Alfa Laval joins major marine players in "Call to Action for Shipping Decarbonization"

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Alfa Laval has joined forces with major marine players like A.P. Moller-Maersk and Cargill to sign a "Call to Action for Shipping Decarbonization". This initiative aims to push governments to support zero-emission shipping, targeting a default by 2030. Currently, shipping contributes 3% of global greenhouse gas emissions. The International Maritime Organization aims to lower ship-related emissions by 50% by 2050, which is insufficient according to the Paris Agreement. Alfa Laval advocates for more ambitious maritime goals and is a leader in fuel and energy management technologies.

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  • Alfa Laval's involvement in the decarbonization initiative positions it as a leader in sustainability within the marine industry.
  • The company is committed to innovative technologies that enhance energy efficiency and reduce emissions.
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LUND, Sweden, Sept. 22, 2021 /PRNewswire/ -- Alfa Laval has joined with A.P. Moller-Maersk, Cargill, Daewoo Shipbuilding & Marine Engineering and around 150 of the world's major marine companies to sign a "Call to Action for Shipping Decarbonization." The document implores governments to facilitate the decarbonization steps already being taken in the private sector, enabling zero-emission shipping to become default by 2030.

Shipping accounts for around 80 percent of global trade and 3 percent of the global greenhouse gas emissions. The International Maritime Organization has set a target of cutting vessel-related emissions by at least 50 percent by 2050. Although this is an important target it is neither in line with the Paris Agreement nor enough to reach critical tipping points in decarbonizing global supply chains.

The call-to-action urges world leaders to commit to decarbonizing international shipping by 2050, support industrial-scale zero-emission shipping projects through national action and deliver policy measures that will make zero-emission shipping the default choice by 2030.

"With this signing we are asking governments for a robust approach to climate change that sets more ambitious maritime goals, and creates the conditions to make those goals achievable," says Sameer Kalra, President of the Marine Division. "Alfa Laval is at the forefront of new fuel and energy management technologies, and we believe decarbonization can be achieved – for the good of both our customers and the climate."

Did you know… Alfa Laval is a member of the Getting to Zero Coalition, which initiated the "Call to Action for Shipping Decarbonization" and established the task force to develop it.

This is Alfa Laval

Alfa Laval is a world leader in heat transfer, centrifugal separation, and fluid handling, and is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets.con

Alfa Laval's innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day.

Alfa Laval has 16,700 employees. Annual sales in 2020 were SEK 41.5 billion (approx. EUR 4 billion). The company is listed on Nasdaq Stockholm. For more information, please visit                    www.alfalaval.com.

For more information please contact:

Johan Lundin                                                           
Head of Investor Relations                                    
Alfa Laval                                                                  
Tel: +46 46 36 65 10                                               
Mobile: +46 730 46 30 90                                       

Eva Schiller
PR Manager
Alfa Laval
Tel: + 46 46 36 71 01
Mobile: +46 709 38 71 01

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/alfa-laval/r/alfa-laval-joins-major-marine-players-in--call-to-action-for-shipping-decarbonization-,c3419813

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SOURCE Alfa Laval

FAQ

What is the purpose of the 'Call to Action for Shipping Decarbonization' signed by Alfa Laval?

The purpose is to urge governments to support zero-emission shipping initiatives and set more ambitious maritime goals.

What percentage of global greenhouse gas emissions does shipping account for?

Shipping accounts for approximately 3% of global greenhouse gas emissions.

What is the target for reducing vessel-related emissions set by the International Maritime Organization?

The target is to cut vessel-related emissions by at least 50% by 2050.

Who are the key players involved in the decarbonization initiative alongside Alfa Laval?

Key players include A.P. Moller-Maersk, Cargill, Daewoo Shipbuilding & Marine Engineering, and around 150 other marine companies.

What milestone does Alfa Laval aim for zero-emission shipping?

Alfa Laval aims for zero-emission shipping to be the default choice by 2030.

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