CMA CGM Group plans carbon neutrality by 2050

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Speaking at a UN Global Compact meeting this week, CMA CGM Chairman and CEO Rodolphe Saadé announced new steps to define the shipping and logistics of tomorrow.

As the entire world fights against the Covid-19 Pandemic, Saadé recalled the CMA CGM Group commitment for a more balanced globalisation, which contributes to Economic and Social development, whilst respecting humanity and protecting the planet.

He also made two major announcements for the French shipping line’s efforts in the field of sustainability saying the group’s energy supplies will include 10% alternative fuels by 2023 and a 2050 objective is to be carbon neutral. In a statement the company said, “This is a new step for our Group, which is on track to reduce by 40% its CO2 emissions per tonne transported per km by 2030, a target set by the IMO.

Saadé said at the meeting, “In 2019, we reduced our total CO2 emissions by 6%. These significant reductions were made possible thanks to our mobilisation, the technological innovations implemented and an improved management of vessels operations. We must move forward: it’s time to act”.

This year will see the launching of the company’s new 23,000teu LNG-powered vessels, confirming its ambition for the energy transition of the shipping industry.

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