Green Transportation

Nike partners CMA CGM for Sustainable Shipping

Leading container shipping firm of the world, CMA CGM has announced that it has collaborated with sports-fashion giant Nike to reduce the carbon footprint of their maritime transport.

This initiative seamlessly aligns with the CMA CGM Group’s comprehensive strategy for decarbonization, working towards achieving Net Zero by 2050 and supporting our client in decarbonizing their supply chain. It marks valuable progress in the commitment of both companies towards sustainability.

Nike, a global leader in the apparel and sportswear industry, has recently entered into an agreement with CMA CGM to purchase sustainable biofuel for a part of their maritime transport. This initiative will make an important contribution to the decarbonization of supply chain of Nike.

From July 1, 2023, to May 31, 2024, Nike will use sustainable biofuel for the transportation of 36% of their volume with CMA CGM. Through this action, Nike will reduce their CO2 emissions by 25,000 tons, an important leap towards greener operations.

Committed to achieving Net Zero by 2050, the CMA CGM Group says that it supports its customers in decarbonizing their supply chain with the ACT WITH CMA CGM+ range of low-carbon solutions.

Launched in 2020, the offer enables the company’s customers to analyze their environmental footprint, reduce their carbon emissions through low-carbon alternative energies such as biofuel, LNG and biomethane, and offset residual emissions through environmental projects.

“Collaborating with a key player like Nike and taking this major step towards decarbonization is an important achievement. We are confident that our success will act as a catalyst, encouraging other carriers and customers to join us on this path to accelerate the transition towards a Net Zero industry,” said Olivier Nivoix, Executive Vice President, CMA CGM Group Lines.

Subhash Yadav

Recent Posts

Central Govt rejects Karnataka claims of excess ethanol blending in petrol

The Ministry of Petroleum and Natural Gas has rejected claims by the Karnataka Government regarding…

48 minutes ago

Sugar mills face 140–160 bps margin decline as ethanol earnings fall and sugarcane costs rise: Crisil

Crisil Ratings has said that Indian sugar mills are expected to witness a 140–160 basis…

52 minutes ago

Sugar Out, Grain In: India’s Ethanol Programme Swaps One Food Crop for Another

India's ethanol-blending programme entered a new supply year on 1 November with a sharp change…

6 hours ago

Balrampur Chini Mills’ Rs 3100 crore bioplastic plant to start in upcoming quarter

India’s leading sugar & distillation baron Balrampur Chini Mills Ltd. may commence commercial operations at…

6 hours ago

Africa’s Waters, Africa’s Wealth

By Dr. Madhukar Swayambhu Africa is home to some of the world's largest freshwater resources,…

1 day ago

India Reaches COP31 Without Its Prime Minister, and Likely Without the Electrification Pledge

The reversal for Republicans in the US may not have come early enough for COP…

1 day ago