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CMA CGM OUTLINES DECARBONISATION PLAN

Wednesday, June 3, 2020 

French shipping company CMA CGM Chairman and CEO Rodolphe Saadé was a key speaker in the recent UN Global Compact online conference, where he announced new steps to define the shipping and logistics of tomorrow and discussed his commitment to a more balanced globalisation.

Speakers participating in the conference included Deputy UN Secretary-General Amina Mohammed, Prime Minister of Norway Erna Solberg, UN Secretary-General’s Special Envoy for the Ocean Peter Thomson, IMO Secretary General Kitack Lim, and Director General of WWF International Marco Lambertini.

In the light of 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.

In two major announcements he confirmed that CMA CGM's energy supplies will include 10% alternative fuels by 2023, and the company's objective is to be carbon neutral by 2050. "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 International Maritime Organization (IMO)," he said.

Saadé continued: “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 vessel operations. We must move forward: it’s time to act.”

He confirmed that 2020 will also see the launching of the new 23,000 TEU LNG-powered vessels, confirming CMA CGM's energy transition ambition. This, he said, will result in a reduction of greenhouse gas emissions around 20%, and the suppression of almost all sulphur and fine particle emissions.

"This is a major event," said Saadé. "It symbolises the path that we are taking in terms of energy transition using the most advanced ecofriendly technology available today."

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