A.P. Moeller-Maersk (Maersk) has collaborated with eight companies, including Mercedes-Benz, Microsoft, Nike and Starbucks, to launch an initiative aimed at creating a net carbon zero global economy. In a statement, Maersk said the initiative, known as ‘Transform to Net Zero’, intends to develop and deliver research, guidance and implementable road maps to enable all business to achieve net zero emissions.

Transform to Net Zero will focus on enabling the business transformation needed to achieve net zero emissions no later than 2050, in addition to driving broader change with a focus on policy, innovation, and finance. The outputs of the initiative will be widely available to all, though additional companies may join. The Initiative intends to complete the outputs of this work by 2025…