![]() Operating as a cross-functional organization covering all the Group’s operations and divisions, it will guide the Group's overall strategy towards developing low-carbon energy solutions and accelerating their implementation. The Fund will be backed by a USD 1.5 billion budget and managed, starting in October 2022, by a dedicated team bringing together some of the Group’s most talented engineers, energy experts, financial analysts and project managers. ![]() Fourth focus: Pursuing energy savings and improving the energy efficiency of CMA CGM employee working methods and daily mobility.Third focus: Supporting, trialing and launching projects at the cutting edge of innovation.Second focus: Accelerating the decarbonization of port terminals, warehouses and truck fleets.First focus: Supporting the development and production of renewable fuels.The Special Fund for Energies will invest in innovative projects to secure the supply of renewable energies and explore new solutions and prototypes to meet the ambitious decarbonization targets being pursued across the CMA CGM organization. We have allocated the resources needed to accelerate our energy transition and that of the entire shipping and logistics industry.” "This fund will enable us to make substantial investments in innovative projects to decarbonize our business. Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, said: It will help to support a global innovation platform developed alongside large corporations, SMEs, start-ups, and the academic and scientific community. ![]() The Fund will invest to support the industrial production of new fuels, as well as low-emission mobility solutions across the Group’s business base (maritime, overland and air freight shipping port and logistics services offices). ![]() The CMA CGM Group has announced that it is creating a Special Fund for Energies, backed by a five-year, USD 1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050. ![]()
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