CMB wants to achieve zero carbon emissions by 2050

CMB wants to achieve zero carbon emissions by 2050

CMB wants to start of the anniversary year with an environmental announcement and a testimony to the long-lasting and continued belief in the power of global trade and human creativity.

They have offset all its CO2 emissions in order to have net zero CO2 emissions as from 2020. To achieve this long-term CO2 reduction, the company has already supported certified climate projects in developing countries and acquired high quality Voluntary Carbon Units (VCU’s) in Zambia (agro-forestry, SALM, REDD+), Guatemala (REDD+) and India (wind and solar parks).

CMB firmly believes in zero carbon emissions from its shipping operations and aims to achieve this by 2050. Many low carbon and zero carbon technologies are already in the early stages of development, and CMB is convinced that the shipping industry will find solutions to today’s problems to provide zero carbon shipping by 2050.

CMB is already investing heavily in the development of low and zero carbon ships and engines. The HydroTug, the world’s first hydrogen-powered tugboat, is an example of CMB’s developments. CMB fully supports the many different industry initiatives that want to join the forces to develop the technologies needed to reduce shipping’s carbon footprint.

As CMB will bring specific zero-carbon projects to life in the coming months and years, they will continue to actively engage and cooperate with other shipping companies, their customers, their suppliers, their banks and national and international politicians to achieve zero carbon shipping.