Our Commitment to the Future
CMA CGM has become one of the world leaders in maritime transport thanks to its family dimension, its strong human values and its innovativeness. Aware of its role in respect of sustainable development, we’re developing in a responsible, sustainable way to shape a better future.
? CMA CGM Group has always considered that its economical performance was inseparable from social and environmental performances. ? Rodolphe Saadé, Group Chairman & CEO.
Our CSR policy is based on 6 pillars
Ethics and Compliance
CMA CGM is committed to responsible, transparent, ethical business practice. Our values and principles are inscribed in our Code of Ethics for our collaborators and our Third Party Code of Conduct for suppliers, subcontractors and partners. Together, they enable our stakeholders to defend our culture and comply with all applicable laws and regulations.
At CMA CGM, we are simplifying and optimizing the entire shipping and transport experience for our customers through added-value services, eco-innovations and digital transformations.
Thanks to our vast range of business lines and the sheer scale of activity, we employ over 37,000 land-based and seagoing employees all over the world. Wherever they’re from, wherever they’re going, we provide dedicated career development and training support to help each one of them reach their full potential.
Safety & Security
As a leading player in shipping industry, the CMA CGM Group has always maintained the highest standards of safety & security. Our policies and objectives are continuously evolving through new certifications and compliance initiatives, proactive performance measurement and training.
Protection of the environment lies at the heart of the Group’s commitment to sustainable and responsible development. Improve Vessel’s energy efficiency and develop eco-friendly technologies is key for us to achieve carbon footprint reduction ambitious targets.
CMA CGM’s societal engagements have an impact on both a global and local scale. Our activities extend to more than 160 countries and as a Group, we are committed to human rights and to participating in the social and economic development of the countries in which we operate.
Learn more about our CSR policy on our corporate website.
Low Sulphur IMO 2020 regulation
The new International Maritime Organization (IMO) Low Sulphur Regulation will be effective from 1 January 2020 and will require all shipping companies to reduce their Sulphur emissions by 85%.
This new regulation aims to reduce the environmental impact of the industry and significantly improve air quality, an initiative in which the CMA CGM Group has been involved for more than 15 years.
CMA CGM will be fully compliant as of January 1st, 2020 and has decided:
- to favor the use of Very Low Sulphur Fuel Oil (with 0.5% Sulphur) for its fleet,
- ??and to invest significantly:
- by using Liquefied Natural Gas to power some of its future container ships (20 ships by 2022, including 9 vessels of 23,000-TEUs), notably resulting in a 99% reduction in sulphur oxides and fine particles emissions,
- by ord?ering several scrubbers for its ships.
All these measures represent a major additional cost. This cost will be taken into account through the application of fuel surcharges on a trade-by-trade basis.
- For short-term contracts (up to 3 months validity): Low Sulphur Surcharge – IMO 2020 (LSS) as of December 1st, 2019.
- ??For long-term contracts (more than 3 months validity): BAF Formula based on VLSFO 0.5% as of January 1st, 2020.