CMA CGM
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:39.7 MtCO2e
Scope 1 Emissions:25.54 MtCO2e (Maritime)
Scope 2 Emissions:0.22 MtCO2e (Maritime)
Scope 3 Emissions:13.92 MtCO2e (Maritime)
Renewable Energy Share:34% (CEVA warehouses)
Total Energy Consumption:424,445 MWh (CEVA warehouses)
Waste Generated:148 m3 per ship
Carbon Intensity:Reduced carbon intensity of maritime activities by 56% since 2008.
ESG Focus Areas
- Climate Change
- Biodiversity
- Employee Safety and Inclusion
- Employee Engagement and Training
- Fair Trade with Suppliers and Customers
- Community Engagement
Environmental Achievements
- Reduced CO2e emissions by almost 1 million tonnes in shipping activities (WTW).
- Improved maritime activities performance by more than 12% (speed optimizations, retrofits, entry of more efficient ships into the fleet).
- Reduced Scope 3 Maritime emissions by around 1.5 million tonnes CO2e.
- 84% of CEVA warehouses equipped with LEDs.
- 34% of CEVA warehouse energy from low-carbon electricity.
- 66% of inland freight transported by rail or barge.
Social Achievements
- Launched TANGRAM, a new training and innovation center, enabling nearly 5,000 talents per year to gain skills for sustainable transport and logistics.
- Launched “One Month, One Bias” campaign to foster better understanding of diversity and inclusion issues.
- Continued focus on training, with 2.29 days of training per employee.
- Delivered emergency aid to populations affected by natural disasters in Morocco and Turkey.
- Developed new partnerships to build educational centers in India, Vietnam, Brazil, and Kenya.
Governance Achievements
- Launched an unprecedented Coalition at COP 28, bringing together five leading shipping lines and three countries to call for higher decarbonization targets.
- Obtained CDP rating of A- for 2023.
- Obtained EcoVadis score of 75/100.
Climate Goals & Targets
Long-term Goals:
- Net Zero Carbon by 2050 for all Group activities.
- Reduce CO2 emissions by -30% by 2030 and -80% by 2040 (versus 2008).
Medium-term Goals:
- Achieve 70% share of inland transport by rail or barge by 2025.
- Have 1,450 electric trucks and vans operated by CEVA Logistics by 2025.
- Have 1.8 million m2 of photovoltaic panels installed on CEVA Logistics warehouses by 2025.
- Have 100% low-carbon electricity for CEVA Logistics warehouses by 2025.
- Have 200 owned vessels able to share navigation and energy consumption data in real time by 2025.
Short-term Goals:
- Reduce water consumption by 30% by 2030.
- Reduce accidents at sea causing injuries by 40% by 2025 (compared to 2019).
- Reduce the frequency rate of workplace accidents in terminals and depots by 10% in 2023 (compared to 2022).
- Reduce the frequency rate of workplace accidents at CEVA Logistics by 30% in 2025 (compared to 2021).
- Increase the share of women in the Top 200 by 30% by 2025.
Environmental Challenges
- Meeting the Group’s Net Zero Carbon target.
- Insufficient adaptation of the Group’s activities to climate and biodiversity issues.
- Not meeting published environmental objectives.
- Inability to ensure security, protect health, improve employee safety and prevent all fatal accidents.
- Diversity and inclusion: non-compliance with local laws.
- Inadequate responses to customers’ CSR expectations.
- Media campaign adversely impacting the Group’s environmental or social reputation.
Mitigation Strategies
- $15 billion committed to decarbonize the fleet by 2028 (119 dual-fuel vessels).
- Investing in innovative projects through the PULSE Energy Fund (€450 million committed).
- Implementing operational excellence and asset optimization to reduce energy consumption.
- Increasing the share of low-carbon energies.
- Developing partnerships and projects for decarbonization.
- Implementing a safety improvement plan.
- Launching a Diversity, Equity and Inclusion (DE&I) action plan.
- Strengthening ethics and compliance programs.
Supply Chain Management
Supplier Audits: 59% of eligible suppliers assessed in 2023, aiming for 100% by 2025.
Responsible Procurement
- Third Party Code of Conduct.
- Responsible Purchasing and Supplier Relations Charter.
- Inclusion of CSR criteria in tenders.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Flooding
- Water stress
- Temperature increases
Transition Risks
- Regulatory changes
- Market shifts
- Access to low-emission fuels
Opportunities
- Development of energy-efficient products and services
- Investment in renewable energy solutions
Reporting Standards
Frameworks Used: GRI, UNGC
Certifications: ISO 9001, ISO 14001, ISO 45001, EcoVadis, Green Marine Europe
Third-party Assurance: KPMG
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
- Goal 14 (Life Below Water)
- Goal 8 (Decent Work and Economic Growth)
- Goal 17 (Partnerships for the Goals)
Initiatives contribute to these goals through decarbonization efforts, biodiversity protection, employee well-being programs, and partnerships with various stakeholders.
Sustainable Products & Innovation
- Act With CMA CGM+ services to reduce and offset emissions.
- Green Ocean Offer (CEVA).
Awards & Recognition
- Numerous awards received in 2023, including CDP A-, EcoVadis 75/100, GreenFocus Award, and various other sustainability awards.