Sportswear brand Nike has renewed agreement with CMA CGM to purchase sustainable biofuel for a part of their maritime transport. This initiative will make an important contribution to the decarbonisation of Nike’s supply chain, says the company.
Shipping giant CMA CGM has announced a collaboration with Nike to reduce the carbon footprint of their maritime transport.
“This initiative seamlessly aligns with the CMA CGM Group’s comprehensive strategy for decarbonisation, working towards achieving Net Zero by 2050 and supporting our client in decarbonising their supply chain. It marks valuable progress in the commitment of both companies towards sustainability,” the company said in a statement released today (March 4)
From July 1, 2023, to May 31, 2024, Nike will use sustainable biofuel for the transportation of 36% of their volume with CMA CGM. Through this action, Nike will reduce their CO2 emissions by 25,000 tons, an important leap towards greener operations.
Committed to achieving Net Zero by 2050, the CMA CGM Group supports its customers in decarbonising their supply chain with the ACT WITH CMA CGM+ range of low-carbon solutions.
Launched in 2020, the offer enables our customers to analyse their environmental footprint, reduce their carbon emissions through low-carbon alternative energies such as biofuel, LNG and biomethane, and offset residual emissions through environmental projects.
“Collaborating with a key player like Nike and taking this major step towards decarbonisation is an important achievement. 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,” said Olivier NIVOIX Exectutive Vice President at CMA CGM Group Lines