French carrier, CMA CGM, has announced a collaboration with Nike to reduce the carbon footprint of their maritime transport.
Nike entered the agreement to purchase sustainable biofuel for its maritime transport.
Nike will use sustainable biofuel for the transportation of 36 per cent of its volume with CMA CGM until 31 May 2024. Through this action, Nike is expected to reduce its CO2 emissions by 25,000 tonnes, an important leap towards greener operations.
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This initiative aligns with the CMA CGM Group’s comprehensive strategy for decarbonisation, working towards achieving Net Zero by 2050 and supporting its clients in decarbonising their supply chain.
“Collaborating with a key player like Nike and taking this major step towards decarbonisation is an important achievement,” said Olivier Nivoix, Executive Vice President of CMA CGM Group Lines.
“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.”
Last week, the CMA CGM Group successfully finalised the 100 per cent purchase of Bolloré Logistics.