Nike has entered into an agreement with CMA CGM to procure sustainable biofuel for a portion of their maritime transport.
Effective from July 1, 2023, to May 31, 2024, this collaboration will see Nike utilizing sustainable biofuel for 36% of their transportation volume with CMA CGM. The initiative is anticipated to result in a reduction of 25,000 tons of CO2 emissions, aligning with both companies’ commitment to sustainability.
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.
… said CMA CGM in a statement
Biofuels, derived from renewable sources such as plant-based materials or waste, offer a more sustainable alternative to traditional fossil fuels. By incorporating biofuels into their supply chain, companies aim to contribute to the reduction of greenhouse gas emissions and promote environmental sustainability.
This move aligns with broader industry trends where stakeholders are exploring and implementing alternative fuels to achieve decarbonization goals. For instance, Apple claimed that shipping by ocean produces 95% less emissions than shipping by air. By transferring more product volume to less carbon-intensive delivery methods like the ocean or rail, Apple is concentrating on lowering its carbon footprint.
Apart from that, giant companies like Amazon, Volvo, Lenovo, and many others, have signed for Maersk’s ECO Delivery Ocean service for inbound ocean container transports, in which Maersk substitutes fossil fuels on its ships with second generation biodiesel based on waste feedstocks to reduce the greenhouse gas emissions of customers’ ocean transport.
