PARIS (Reuters) – CMA CGM, one of the world’s leading container transport players, plans to launch an energy fund endowed with 1.5 billion euros to decarbonize its activities, its CEO Rodophe Saadé announced in the Journal du Sunday.
“We are going to deploy a special energy fund endowed with 1.5 billion euros over five years to accelerate the decarbonization of our activities around the world,” he said.
In a press release, the group subsequently specified that the fund will notably accelerate the emergence of alternative fuel production units for its ships – including projects already launched in biomethane -, the electrification of port terminals, warehouses and land vehicles – with an equipment program of 1.8 million square meters of photovoltaic panels – and the sobriety and energy efficiency of working methods.
“On the scale of France, this sobriety and efficiency pillar should allow the CMA CGM Group to achieve 10% energy savings during the winter of 2022-2023”, can we read in the press release.
Asked about the idea of a green fund matched by companies to finance the ecological transition, Rodolphe Saadé replied: “I will participate in this green fund by allocating part of our commitment to joint projects”, without further details.
(Gilles Guillaume, edited by Camille Raynaud)
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