14 February 2022
Tufton joins Maersk Mc-Kinney Møller Center for Zero Carbon Shipping as Mission Ambassador
Today, Tufton joined the Maersk Mc-Kinney Møller Center for Zero Carbon Shipping (the “Center”) as a Mission Ambassador to the independent not-for-profit research and development Center.
As a leading investment manager focused on the shipping industry, Tufton has committed to align its funds to the Paris Agreement by fully transitioning to zero carbon energy sources by 2050 and investing in zero carbon capable vessels before 2030.
Tufton and the Center share a common vision of decarbonisation of the maritime industry. Tufton brings its experience of managing institutional capital in shipping and will benefit from the Center's extensive work in fuel transition and technologies.
About Maersk Mc-Kinney Møller Center for Zero Carbon Shipping
The Maersk Mc-Kinney Møller Center for Zero Carbon Shipping is a not-for-profit, independent research and development organisation. It works across the shipping sector with industry, academia, and authorities. A highly specialised, cross-disciplinary team will collaborate globally to create an overview of viable decarbonisation pathways, facilitate the development and implementation of new energy technologies; build confidence in new concepts and their supply chains; and accelerate the transition by defining and maturing viable strategic pathways to the required systemic change.
Tufton Investment Management Ltd. is a leading investment manager focused on the shipping industry with c.$1.3bn of assets under management across several funds. Tufton is committed to responsible investment through integrating environmental, social and governance or ESG principles into its business processes and since 2018 has been a signatory of the United Nations Principles for Responsible Investment.