Maersk withdraws ICS board member for climate change reasons

Posted 29 minutes ago

Proposed by Acre

Tanith Allen

One of the world’s largest maritime groups, AP Moller-Maersk, has withdrawn its board member from an industry organization after a decade, for reasons believed to be related to climate change.

The group has withdrawn its member, Maersk executive and board member Henriette Hallberg Thygesen, from the International Chamber of Shipping (ICS), following an annual review of trade association memberships. According to sources, the reason is believed to surround the trade association’s stance on climate change.

Maersk is one of the world’s largest maritime groups with over 100,000 employees and operations in 130 countries and has been on the ICS board for 10 years.

Maersk said the following on its website, without giving further details: “We review our membership once a year to ensure that the trade associations of which we are members are lobbying in accordance with the objectives of the Agreement. of Paris as well as other key issues.

“Our choice to resign from the ICS Board of Directors must also be seen in this context.”

The Paris Agreement was concluded in 2015 and is a legally binding treaty between countries around the world, which aims to limit global warming by reducing global greenhouse gas emissions. The shipping industry carries around 80% of global trade and is responsible for around 3% of global carbon emissions.

It is understood a spokesman told Reuters the decision to step down was announced at an ICS annual general meeting on June 22. Although Maersk is not a direct member of ICS, it is a member of the Danish trading group Shipping, which is a member of ICS.

Maersk, which aims to have a carbon neutral fleet by 2030 in order to achieve its goal of net zero emissions by 2050, will now focus its efforts on joining the World Shipping Council (WSC), a trade group for container shippers.

ICS, which has members in more than 40 countries and represents more than 80% of the world’s commercial fleet, promotes “best practices in the shipping industry,” according to its website. There was no comment from the ICS on this.

Tanith Allen, Director, Infrastructure and Manufacturing, Sustainable Business, said:“We have seen a recent shift in the infrastructure and manufacturing sectors, with the transportation of goods and the production of the goods themselves undergoing a radical overhaul through an ESG lens. Activist investors take a finite position on how a company is run, and over time, we also find that companies are asking more of the stakeholder groups they are part of.

At Acre, we have worked in many leadership roles in the multi-stakeholder space, reflecting that the industry has recognized the need to take collective action on common issues. For groups that have not taken sustainability seriously to date, we are now seeing the direct impact on how they are valued by their members. »

Tanith leads Acre’s recruitment teams in infrastructure and manufacturing. Since joining the firm, Tanith has developed Acre’s executive advisory platform, Acre Bench, providing flexible support to clients facing some of the toughest materiality, strategy and blockchain issues. responsible value in terms of sustainability. She has successfully placed senior ESG professionals with clients such as LyondellBasell, Ball Corporation and Virgin Atlantic, as well as leading industry bodies. Tanith spends the majority of his time with Acre’s clients, delivering executive search projects as well as bespoke consulting and business optimization engagements.

About Acre
At Acre, we work with the most ambitious companies with the potential to bring about real change; from those just starting out to those well on their way to creating a legacy.

Our 18 years of experience in sustainability recruitment, combined with our extensive global network, enables us to deliver talent solutions designed to bring about this change.

With our unique behavioral assessment technology, we understand the types of people, skills and behaviors needed to create impact. We can also develop these qualities within your existing teams.

We find talented people and develop their skills to ensure they have real impact in ambitious and progressive organisations.

Acre. Preparing businesses for tomorrow.

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Acre

Acre

About Acre

At Acre, we work with the most ambitious companies with the potential to bring about real change; from those just starting out to those well on their way to creating a legacy.

Our 18 years of experience in sustainability recruitment, combined with our extensive global network, enables us to deliver talent solutions designed to bring about this change.

With our unique behavioral assessment technology, we understand the types of people, skills and behaviors needed to create impact. We can also develop these qualities within your existing teams.

We find talented people and develop their skills to ensure they have real impact in ambitious and progressive organisations.

Acre. Preparing businesses for tomorrow.

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Teresa H. Sadler