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MSC joins the World Business Council for Sustainable Development

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GENEVA : In joining WBCSD, MSC will collaborate with other purpose-led companies on a range of initiatives – including the Business Commission to Tackle Inequality – towards the vision of creating a world in which 9+ billion people are living well, within planetary boundaries, by mid-century.

MSC is pleased to join the WBCSD, working collectively with 200 of the world’s leading companies to accelerate the system transformations needed for a net zero, nature positive, and more equitable future.

A collaborative responsibility to tackle inequality

Tackling inequality is one of the most pressing topics on the global agenda today. The unbalanced distribution of income, wealth, opportunity, voice as well as access to resources and justice have resulted in social and economic gaps that are wider than ever before. With operations in more than half of the world’s least developed countries – many of which are dependent on trade for economic growth – MSC has a key role to play in reducing these gaps by supporting global trade.

MSC is uniting with key players through the Business Commission to Tackle Inequality (BCTI) to help secure fragile economies around the world by enabling trade access and fostering equitable growth that can be enjoyed by all. MSC’s Vice President for Sustainability, Stefania Lallai, will serve as a BCTI Commissioner to shape, elevate and mainstream a compelling common narrative on how business can tackle inequality and create an agenda for action – at scale.

MSC’s strong core values and long-term view drive our commitment to sustainability, which the company sees as an imperative that is firmly embedded across its business. MSC’s Sustainability Roadmap focuses on three interconnecting priorities: enabling logistics decarbonisation, fostering inclusive trade and addressing social challenges.

Soren Toft, MSC Chief Executive Officer said “As the engine for global trade, the shipping and logistics industry can be a force for good by catalysing real inclusive economic growth. MSC is in a unique position to help tackle inequality and with our expanding global reach, we have a responsibility to support the communities who rely on us to create connections. We are delighted to join WBCSD, collaborating with other members to build resilience and create value across the global value chain, helping communities around the world thrive.”

WBCSD President and CEO Peter Bakker said “MSC is one of the leading companies in the shipping and logistics industry, which is a critical industry for system transformation. The company has already embarked on an innovative sustainability journey affecting the entire industry, and we look forward to working with them to make real, tangible progress to tackle the global pressing sustainability challenges of climate emergency, loss of nature and mounting inequality for a more sustainable world. Only collaboration at unprecedented levels will create the impact and scale of transformations that are required for more than 9 billion people to live well, within planetary boundaries, by mid-century – as laid out in Vision 2050: Time to Transform.”

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