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CMA CGM reports 4% decrease in fleet annual CO2 emissions

16 Mar 2021

Worldwide shipping and logistics company CMA CGM Group on Saturday (13 March) reported in its financial results it has reduced its vessels’ CO2 emissions by 4% in 2020.

In 2020, the CMA CGM said its fleet of vessels reduced its overall emissions by 4% compared to 2019, having already reduced them by 6% in 2019 compared to 2018.

Since 2008, the group has reduced its CO2 emissions by 49% (TEU-km), in line with its objective of reaching -50% emissions by 2030.

This reduction is aligned with its target of becoming carbon neutral by 2050 and increasing the share of alternative fuels consumed to 10% by 2023, said CMA CGM.

Additionally, CMA CGM said it will own a fleet of 32 LNG-powered container ships by the end of 2022 as vessels powered by LNG can emit up to 20% less CO2 compared to an oil engine.

Photo credit: CMA CGM
Published: 16 March, 2021

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