CMA CGM Group Targets Carbon Neutrality by 2050

CMA CGM Group Targets Carbon Neutrality by 2050

June 3,2020–Maritime-Executive.com

CMA CGM Group became the latest large shipping company to accelerate its goals to achieve carbon neutrality. Participating in the UN Global Compact conference, Chairman and CEO Rodolphe Saadé announced that the company’s objective is now to be carbon neutral by 2050. He also said that the company’s energy supplies would include 10 percent alternative fuels by 2023. These are new goals for one of the world’s largest shipping companies, which previously said it was on track to reduce its CO2 emissions by 40 percent by 2030, a target set by the International Maritime Organization (IMO).

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