Together We Can Decarbonize Ocean Shipping

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Through coZEV, companies are raising ambition and joining forces to eliminate the climate impact of maritime shipping.

Cargo Owners for Zero Emission Vessels (coZEV) is a platform specifically designed for climate-leading customers of the shipping industry where cargo owners can come together to undertake high impact initiatives that accelerate the transition to ZE maritime shipping.

By working together through coZEV, cargo owners have the opportunity to communicate with a shared voice on ambition level and policy issues, influence the pace of the transition through market development, and demonstrate concrete action to lower their supply chain (Scope 3) emissions.

Roadmap to 2040
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2022 co ZEV 2040 Ambition Statement

Leaders of the Movement to Decarbonize Shipping Set An Ambitious 2040 Target

The coZEV 2040 Ambition Statement clarifies that companies:

  • Aim to lead this transition by decarbonizing their own maritime freight by 2040, a target well-aligned with a Paris Agreement 1.5°C trajectory
  • Call for full decarbonization of the maritime sector by 2050 at the latest
  • Ask supply chain partners and policymakers around the world to take swift and ambitious action to bring zero-carbon shipping solutions to scale

Read more about the Initiatives:

Initiatives Download PDF
2040 Ambition Leaders
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