CMB carbon offsets aim for zero by 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) in Zambia (agro-forestry, SALM, REDD+), Guatemala (REDD+) and India (wind and solar parks).

CMB is focusing on it shipping operations and aims to have zero carbon emissions by 2050. Many low carbon and zero carbon technologies are already in the early stages of development, and CMB is confident that the shipping industry will achieve zero carbon shipping by 2050.

CMB is already investing heavily in the development of low and zero carbon ships and engines with the HydroTug, the world’s first hydrogen-powered tugboat as an example of recent developments.

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