Ocean freight forwarder Panalpina and CMA CGM, signed a sustainability agreement to reduce their carbon emissions by 2025. As of 2020, newbuild LNG-powered mega-vessels with a capacity of 22,000 TEUs will help achieve the environmental goals.
The aim of the sustainability agreement between CMA CGM and Panalpina will be achieved by using eco-friendly transport solutions. The companies have committed to collaborate in four key areas:
- Environment;
- Ethics and compliance;
- Social responsibility;
- Community.
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CMA GGM and Panalpina will also collaborate on initiatives regarding occupational health and safety programs, local sourcing as well as emergency relief and support.
Before this agreement, Panalpina committed to reduce CO2 emissions from subcontracted transportation by 22% by 2025. For its part, CMA CGM aims to reduce carbon emissions per standard container (TEU) transported by 30% by 2025.
CMA CGM has also ordered container ships propelled by LNG. Nine LNG-powered ULCVs with a capacity of 22,000 TEUs are scheduled for delivery in 2020. They will generate 99% less sulphur emissions, 99% less fine particles and 85% less nitrogen oxides emissions.