马士基集团Maersk Group2025财年年度报告（英文版）（185页）.pdf

1、Annual Report 2025A.P.Mller-Mrsk A/S Esplanaden 50,DK-1263 Copenhagen K|Registration no.22756214ALL THE WAYContentsManagement ReviewFinancialsIncorporation by reference:Certain mandatory disclosures as per the European Sustainability Reporting Standards(ESRS)have been placed outside of the sustainab

2、ility statement and are marked as such within the body of text,(example of incorporation by reference ESRS-X X),or with the disclosure requirement reference in the top corner,indicating that the full page or table is referenced.Refer to the index of information for the full list of data points discl

3、osed outside of the sustainability statement on page 113.Our businessSustainability statementPerformanceFinancialsCorporategovernance04 Letter from the Chair and the CEO05 Financial summary06 Sustainability summary07 Five-year summary 41 Shareholder information43 Corporate governance45 Remuneration4

4、6 Board of Directors48 Executive Board and Executive Leadership Team09 Strategy10 Business model12 The East-West network14 Market environment17 Risk management50 General information60 Environmental information86 Social information99 Governance information110 Appendix22 Financial review24 Delivering

5、on our 2025 targets25 Financial guidance and ESG targets26 Segment overview27 Ocean30 Logistics&Services32 Terminals35 Quarterly summary36 Q4 2025 results120 Consolidated financial statements165 Parent company financial statements178 Managements statement179 Independent Auditors Reports182 Independe

6、nt Auditors limited assurance report on the Sustainability Statement184 Definition of termsExecutive summary2A.P.Moller-MaerskAnnual Report 2025Executive summaryOur businessPerformanceCorporate governanceFinancialsSustainabilityExecutive Summary Letter from the Chair and the CEO Financial summary Su