Headlines

Retailers Pledge Zero-Emissions Shipping by 2040

Retailers Amazon, Ikea and Zara are among nine multinational companies that have committed to transport all of their cargo in zero-emission ships by 2040, reports The Financial Times.

Shipping is reportedly responsible for 1.7 percent of greenhouse gas emissions worldwide, according to the World Resources Institute. The International Maritime Organizatio estimates that number at 2.9 percent.

Amazon’s goal applies to any cargo it handles, including products from third-party sellers, many of which are based in China, that depend on the company for logistics. Others who pledged to meet the 2040 goal include Michelin, Unilever, Patagonia, Brooks Running, Frog Bikes and Tchibo.

Jennifer Acevedo

Jennifer Acevedo is the editor-in-chief and associate publisher of VMSD magazine.

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