Maersk becomes first to have climate targets validated by SBTi

A.P. Moller – Maersk´s (Maersk) greenhouse gas emissions targets have been validated by the Science Based Targets initiative (SBTi) to be in line with the 1.5-degree pathway from the Paris Agreement. This marks an industry first under SBTi’s new Maritime Guidance. While Maersk continues to aim for Net-Zero* greenhouse gas (GHG) emissions for the entire

Shell meets netzero climate targets

Shell has published its Energy Transition Progress Report 2022, which shows it has again met its climate targets as part of its energy transition strategy. By the end of 2022, the net carbon intensity of the energy products sold by Shell had also fallen by 3.8%, compared with 2016. Our analysis, using data from the

Carbon credit exports will not kickstart until climate targets are met in the country

India’s power minister Raj Kumar Singh made it clear that India will not export any carbon credits until it meets climate goals. India will ban firms to export carbon credits until the nation meets its climate goals, power and renewable energy minister Raj Kumar Singh told lawmakers debating changes to the country’s energy conservation law.