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Ørsted helped launch the Sea Cargo Charter – now the company has pulled out

Just a year after announcing the Sea Cargo Charter, co-founder Ørsted has decided to back out of the initiative. "Not the right forum for us," the company explains but denies that too low climate ambitions are to blame. Chair of the charter has expressed openness to raising the level of ambition.

Photo: Jens Dresling/Ritzau Scanpix

A little more than a year after the Sea Cargo Charter first saw the light of day, several founding companies have pulled out of the initiative.

This also applies to Danish utility Ørsted, which along the way has indicated that the basis for the charter hasn't been ambitious enough relative to the company's own climate targets.

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