NON-FINANCIAL PERFORMANCE - CMA CGM

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NON-FINANCIAL PERFORMANCE - CMA CGM
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NON-FINANCIAL PERFORMANCE - CMA CGM
02.
                                                                                                  2020 — OUR ACTIONS

                                                    01.
                                                                                                  AND COMMITMENTS

                                                                                                  2020, a year like no other            48
                                                                                                  COVID-19: How we protected,

                                                                                                                                                     03.
                                                                                                  adapted, contributed                  50
Table of

                                                    STR ATEGY
content

                                                                                                  ACTING FOR PEOPLE
                                                                                                  Our employees                         56
                                                                                                  Optimal protection                    62
                                                                                                  Caring for local communities          66
                                                                                                  Our partnerships and collaborations   69
                                                    OUR GROUP
                                                    Key Figures                              10   ACTING FOR PLANET                                  ANNEXES
                                                    Our brands & activities                  12
                                                                                                  Climate change                        72
                                                    Our business model                       14
                                                                                                  Air quality                           80
                                                                                                  Biodiversity                          82
                                                    OUR SUSTAINABILITY                            Our partnerships and collaborations   85
                                                                                                                                                     Key performance indicators   102
                                                    STRATEGY                                                                                         Methodology                  108
                                                    A new ambition                           18   ACTING FOR                                         Third party’s report         118
                                                    Our journey toward carbon neutrality     22                                                      Glossary                     124
                                                    Three pillars to address the united           RESPONSIBLE TRADE
                                                    global compact SDGs                      24   Ethics & compliance                   88
                                                    - Acting for people                           Stakeholders dialogue & Sustainable
                                                    - Acting for planet                           performance                           92
                                                    - Acting for a responsible trade              Sustainable procurement               94
                                                    Material issues and non-financiel risks   38   Sustainable added value
                                                    Sustainability governance                40   products & Services                   96
                                                    A rewarded strategy                      44   Our partnerships and collaborations   98

           C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                                            - 3 -
NON-FINANCIAL PERFORMANCE - CMA CGM
FOREWORD

                                                                     “I WOULD LIKE TO EXPRESS MY PRIDE TO ALL OUR STAFF
                                                                    MEMBERS AND SALUTE THEIR EXCEPTIONAL COMMITMENT.”

                                                                          The Covid-19 pandemic marked the year 2020 and continues to disrupt everyone’s daily life.
                                                                               During this crisis, our priority has been to ensure the safety of our staff members.
                                                                    They have shown flawless mobilization for the Group and its customers. And they put all their expertise
                                                                         to transport the essential medical equipment. I would like to express my pride to all our staff
                                                                                               members and salute their exceptional commitment.

                                                                      The crisis we are going through has also strengthened a conviction that is already deep and rooted
                                                                          in our values: that other economic exchanges, more responsible and respectful of people
                                                                       and the planet, are needed. This conviction is reflected in our strategy and is built around three
                                                                         inseparable pillars: Acting For People, Acting For Planet and Acting For Responsible Trade.
                                                                                                         It inspires each of our actions.

                                                                         In terms of environment, our objective is to achieve carbon neutrality by 2050. To this end,
                                                                     we have made concrete commitments, choosing to act now by implementing all available solutions.

                                                                    2020 witnessed the entry into the fleet of the very first 23,000 TEU containership powered by liquefied
                                                                    natural gas. A world premiere which constitutes a major step. By 2022, this pioneering fleet will consist
                                                                     of 32 LNG-powered vessels. At the same time, our Research & Development engineers are already
                                                                                          working on other modes of propulsion, such as hydrogen.

                                                                    In order to accelerate this energy transition, we must mobilize the entire value chain. We have initiated
                                                                      an international coalition made up of 14 committed companies. We are working together on seven
                                                                     ambitious projects which will materialize in the next few months and which will mark a decisive phase
                                                                                                 in the construction of new sustainable mobility.

                                                                            I also wished that the CMA CGM Group customers could be associated to these efforts.
                                                                     We have built a specific program for them, ACT +, which enables them to reduce their environmental
                                                                     footprint and offset their carbon emissions. The year 2020 has finally reinforced our desire to develop
                                                                    solidarity initiatives all over the world with the most weakened communities by the crisis. Our corporate
                                                                      Foundation, which has been working on these themes for more than 15 years, has made this its main
                                                                                               mission and has been provided with additional resources.

                                                                       The challenge is huge, but we are ready to meet it. I know that I can count on the unconditional
                                                                      mobilization of the Group’s staff members and on the trust of our customers and partners to build
                                                                                  an ever more balanced globalization that respects people and the planet.

                                                                                                          RODOLPHE SAADÉ
                                                                                                     Chairman and CEO of the CMA CGM Group

           C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                     - 5 -
NON-FINANCIAL PERFORMANCE - CMA CGM
C M A C G M S U S TA I N A B L E D E V E L O P M E N T   - 7 -
NON-FINANCIAL PERFORMANCE - CMA CGM
Our
                                                         Group

C M A C G M S U S TA I N A B L E D E V E L O P M E N T           - 9 -
NON-FINANCIAL PERFORMANCE - CMA CGM
OUR GROUP

                                                                                        80,780                                                          285

              Key                                                                       EMPLOYEES
                                                                                        WORLDWIDE
                                                                                        with CEVA Logistics
                                                                                        (contractors excluded)
                                                                                                                                                       Shipping lines

            figures                                                                                              >750
                                                                                                                 WHAREHOUSES
                                                                                                                                                        420
                                                                                                                 AROUND THE WORLD
                                                                                                                 representing 8.5 million m2   Ports of calls in 136 countries

                                                                                        USD

            21
            MILLION TEUS
                                                            363,300
                                                            TONS
                                                                                        31.4
                                                                                        Million in revenue
                                                                                                                                                        755
            shipping                                        of air fret transported

                                                                                                                                                          Offices

            566                                             1.08
            OPER ATED VESSELS                               MILLION TEUS
                                                            handled by CEVA Logistics                            3
                                                                                                                 MILLION TEUS
                                                                                                                 Total fleet capacity of
                                                                                                                                                          45
                                                                                                                                                    Managed terminals

                       C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                   - 11 -
NON-FINANCIAL PERFORMANCE - CMA CGM
OUR GROUP

  Brands and Activities
Our Group
               MARITIME ACTIVITIES

               INL AND & LOGICTICS ACTIVITIES

               PORTS & SUPPORT

               C M A C G M S U S TA I N A B L E D E V E L O P M E N T   - 13 -
NON-FINANCIAL PERFORMANCE - CMA CGM
OUR GROUP

  Our                                         MACRO TRENDS
                                                                                                                                ENERGY
                                                                                                                              TR ANSITI ON
                                                                                                                                                                                DI G ITALISATI ON
                                                                                                                                                                                                                                                        CHANGE I N
                                                                                                                                                                                                                                                       CONSUMP TI ON
                                                                                                                                                                                                                                                         PAT TER NS

  business
  model
                                                                                                                                                                                                                     END -TO - END
                                                                                           B USI NESS TRENDS                                 REG I ONALISATI ON
                                                                                                                                                                                                                      LOG IS TI C S

                          OUR ACTIVITIES                                                                                                        OUR ADVANTAGES AND RESSOURCES
                                                                                                                                                PRESENT                    FLEET AND                GLOBAL AND                  HUMAN CAPITAL             INTELLECTUAL
                                                                                                                                                THROUGHOUT                 INFRASTRUCTURE           REGIONAL                    80,780 employees          CAPACITY AND
                                                                                                                                                THE LOGISTICS              566 vessels              ORGANISATION                4,952 seafarers           INNOVATION
                                                                                                                                                CHAIN                      45 terminals             Worldwide network           178 nationalities         Digital factory
                                                                                                                                                Multimodal                 750 warehouses           Present in 136              35% women                 Zebox
                                               Customer centricity
                                                                                                                                                Port terminals             755 offices              countries                                             CMA CGM Ventures
                                                                                                                                                Sea/plane                  3 million TEU capacity                                                         Block Chain
                                                                                                                                                Customs
                                                                                                                                                Data
          MAR ITIME AC TIVITIES
                                                                                                   INL AND & LOGIS TIC S
                                                                                                        SOLUTIONS

          Profitability
                                                                                                           Maritime,
                                                                                                           inland & logistics
                                                                                                                                                Six stategic pillars underpinning our mission
                                                                                                           solutions                            Contributing through maritime transport and logistics globalisation that is more balanced
                                                                                                                                                and respectful of people and the planet.

   Human expertise &                                                                                       Innovation                           VALUE CREATION
    agile organisation                                                                                     & digitalisation
                                                                                                                                                USD 31.4 million in revenue, of which 23.3% relating to logistics.

                                                                                                                                                FOR OUR CUSTOMERS                 FOR OUR EMPLOYEES                 FOR THE PLANET AND                Increasingly addressing
                                                                                                                                                Worldwide specialised             318,132 training hours            LOCAL COMMUNITIES                 biodiversity issues in
                                                                                                                                                coverage                          31% women managers                -4% CO2 emissions from            Group activities;
                                                                                                                                                End-to-end services               86% of employees with access      maritime activities;              Speeding up research
                                                                                                                                                Transparent information           to medical insurance              - 49% CO2 emissions per TEU/      & innovation;
                                                                                                                                                One-stop shopping                 Maritime LTIFR down 43%           km versus 2008;                   12% green electricity
                                                    Sustainability                                                                              Combined solutions                Skills-based volunteering         Delivery of 12 LNG vessels that   at warehouse;
                                                                                                                                                Vertical market business                                            emit 20% less CO2 than vessels    8,500 tons of humanitarian
                                                                                                                                                                                                                    powered by conventional fuel;     aid shipped by the CMA CGM
           SUPPOR T AC TIVITIES                                                                      POR T AC TIVITIES
                                                                                                                                                                                                                    IMO 2020 implemented;             Foundation since 2012;
                                                                                                                                                                                                                    Low sulphur emissions;            200 local initiatives
                                                                                                                                                                                                                    Improving air quality             in 47 countries.
                                                                                                                                                                                                                    in coastal areas;

                                  C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                                                                                   - 15 -
NON-FINANCIAL PERFORMANCE - CMA CGM
Our
                                                         sustainability
                                                         strategy

C M A C G M S U S TA I N A B L E D E V E L O P M E N T          - 17 -
NON-FINANCIAL PERFORMANCE - CMA CGM
OUR SUSTAINABILITY STRATEGY

   A new                                                                               The health and economic
                                                                                       crisis that has been affecting
                                                                                       all societies and economies
                                                                                                                            This role comes with a
                                                                                                                            responsibility: guiding our
                                                                                                                            company and our sector into the
                                                                                                                                                                  CONVICTIONS
                                                                                                                                                                  ANCHORED IN THE
                                                                                                                                                                  GROUP’S VALUES
                                                                                                                                                                                                       the following year to avoid the
                                                                                                                                                                                                       Northern route.
                                                                                                                                                                                                       At COP 25 at the end of 2019,

   ambition
                                                                                       worldwide since 2020 has             future, while ensuring its positive                                        CMA CGM joined the United
                                                                                       reinforced global awareness          impact on people and the planet.      A family-owned, international        Nations Global Compact,
                                                                                       about companies having a                                                   Group, CMA CGM draws from            endorsing the ten principles
                                                                                       major role to play in                                                      its values the conviction that its   related to respect for human
                                                                                       addressing the main social and                                             economic strategy is inseparable     rights, international labor
                                                                                       environmental challenges.                                                  from strong commitments to           standards, environmental
                                                                                       Through its shipping and logistics                                         society and the environment.         regulations and the fight
                                                                                       activities, CMA CGM plays a                                                In 2018, the Group aligned its       against corruption.
                                                                                       key role in the transportation of                                          sustainability approach with the
                                                                                       essential goods, the continuity                                            UN’s Sustainable Development
                                                                                       of international trade and the                                             Goals. Going further than the
                                                                                       preservation of ecosystems.                                                regulations in force, it decided

                              C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                                                             - 19 -
OUR SUSTAINABILITY STRATEGY

                                                                                       A REASSERTED                            numerous associations to help
                                                                                       AND STR ATEGIC                          the most vulnerable populations,
                                                                                       AMBITION                                notably through its Foundation.

                                                                                       Today, CMA CGM reaffirms its            These initiatives demonstrate
                                                                                       commitment to placing social            CMA CGM’s determination,
                                                                                       and environmental responsibility        shared by its teams and partners,
                                                                                       at the heart of its actions, with       to accelerate the transformation
                                                                                       a clear mission: “to contribute         of its activities so that they keep
                                                                                       to sustainable globalization            creating greater value for its
                                                                                       through more balanced economic          customers, its employees
                                                                                       exchanges, enabling both                and the planet.
                                                                                       economic and social development,
                                                                                       while respecting the integrity of all
                                                                                       people and the planet”.
                                                                                       This mission is supported by
                                                                                       the structuring of the Group’s
                                                                                       sustainable development
                                                                                       approach around three pillars
                                                                                       and the acceleration of its
                                                                                       commitments, particularly to
                                                                                       reduce the environmental impact
                                                                                       of shipping.
                                                                                       In June 2020, the Group
                                                                                       announced its goal of achieving
                                                                                       carbon neutrality by 2050. From
                                                                                       today, the Group starts an
                                                                                       unprecedented energy transition
                                                                                       of its fleet by choosing LNG
                                                                                       (liquefied natural gas) propulsion.
                                                                                       CMA CGM is committed to
                                                                                       its employees to ensure their
                                                                                       protection and professional
                                                                                       development, and to support
                                                                                       them in the transformation of
                                                                                       their skills. Involved in local
                                                                                       communities, CMA CGM supports

                              C M A C G M S U S TA I N A B L E D E V E L O P M E N T                  - 21 -
OUR SUSTAINABILITY STRATEGY

                                                                                                                                                   2050
           NOTRE PARCOURS VERS
   Our journey toward
                                                                                                                                                   IMO

       LA NEUTRALITÉ
                                                                                                                                  2030
                                                                                                                                                   -50% GHG in tons vs 2008
                                                                                                                IMO AND EU GREEN DEAL
                                                                                                                        Energy efficicy

       CARBONE
   carbon neutrality                                                                                                                                                               2019
                                                                                                                                                                                   START BURNING 2ND GENERATION BIOFUEL

                                                                                                          2030
                                                                                                    ENERGY
                                                                                                                                                                                                     2019
                                                                                                                                                                                                     COALITION FOR THE ENERGY OF THE FUTURE
                                                                             A mix of alternatives solutions
                                                                                                                                                                                                     Initiated by Rodolphe Saadé,
                                                                                                                                                                                                     CEO and Chairman of the CMA CGM Group

                                                                                                                                                                                                                  2020
                                                                                               2025       100                                                                                                     COMMITMENT TOWARD CARBON NEUTRALITY BY 2050
                                               100 % COMMITTED TO RENEWABLE ENERGY                                                                                                                                Announced by Rodolphe Saadé
                                                                   For CEVA Logistics                                                                                                                             CEO and Chairman of the CMA CGM Group

                                                                                       2025                                                                                                                                2020
                                                                   INTERMODAL                                                                                                                                              STRENGTHENED REGIONAL NETWORKS
                                                At least 70 % of carrier haulage                                                                                                                                           Conversion truck to vessel
                                                   transported by Rail or Barge

                                                                                2023                                                             2050                                                                         2020

                                                                                                                                                 CARBON
                                                                        IMO                                                                                                                                                   SWITCH TO RAIL OFFER
                                           Energy Efficiency Existing Index                                                                                                                                                   More units converted from truck to rail
                                                Carbon Intensity Indicator
                                                                                                                                                 NEUTRALITY
                                                                                                                                                                                                                           2020
                                                                                                                                                                                                                           PULLING R&D EFFORTS AND
                                                                                       2022                                                                                                                                PROMOTE CROSS-INDUSTRIES COOPERATION
                                                         26 LNG POWERED VESSELS                                                                                                                                            7 projects with low carbon solutions being
                                                                      into fleet                                                                                                                                           studied within the coalition

                                                                                                                                                                                                                   2020
                                                                                               2022                                                                                                                BIOFUEL COLLABORATIVE
                                                                            EU GREEN DEAL                                                                                                                          Scaling a real & significant biofuel market
                                                       Inclusion of shipping in the EU ETS

                                                                                                                                                                                                     2020
                                                                                                         2021                                                                                        LAUNCH OF ACT WITH CMA CGM+
                                                                                  ROADMAP 2023                                                                                                       Value added services designed to analyze,
                                                            Alternative Energy Mix/Operational                                                                                                       reduce and offset our customers environmental footprint
                                          Excellence/Energy Efficiency and Retrofits/New Design
                                                                                                                                                                                   2020
                                                                                                                                                                                   LNG POWERED VESSELS ENTRY INTO FLEET
                                                                                                                                                                                   First 23,000 TEUs ships propelled by LNG
                                                                                                                                                                                   up to -20 % CO 2
                                                                                                                                          2020
                                                                                                         PAVING THE WAY FOR BIOMETHANE
                                                                                                    CMA CGM Jacques Saade at Rotterdam                    2020
                                                                                                Introduction of biomethane (13 %) through                 WORLD’S LARGEST LNG BUNKERING OPERATION
                                                                                       the Guarantee of Origin (GO) certificates mechanism                CMA CGM Jacques Saade at Rotterdam
                                                                                                                                                          with Total’s LNG bunker vessel, the Gas Agility

            CMA CGM GROUP’S INITIATIVE
            REGULATION MILESTONES

                              C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                                                                                            - 23 -
OUR SUSTAINABILITY STRATEGY

   3 pillards to address                                                               By making progress in these areas, CMA CGM intends to respond to the global challenges
                                                                                       set out in the UN’s 17 Sustainable Development Goals, in 2015.

   the United Nations                                                                  Acting for humanity
                                                                                       1 	Our Employees

   Sustainable
                                                                                           Working conditions                                     p. 57
                                                                                           Diversity                                              p. 58
                                                                                           Talent Development                                     p. 59
                                                                                       2 Optimal protection                                       p. 62

   Development Goals
                                                                                       3 Caring for local communities
                                                                                           Local communities & Emergency reliefs                  p. 66
                                                                                           CMA CGM Foundation                                     p. 67

                                                                                       Acting for planet
                                                                                       4   Climate change                                         p. 72
                                                                                       5   Air quality                                            p. 80
                                                                                       6   Biodiversity                                           p. 82
   CMA CGM’s sustainable development approach
   is structured around 3 pillars: Acting for People,                                  Acting for
   Acting for Planet, Acting for Responsible Trade.                                    responsible trade
                                                                                       7 Ethics & Compliance                                      p. 88
   These pillars cover 10 areas of improvement,                                        8 	Stakeholder dialogue & Sustainable performance        p. 92
                                                                                       9 Sustainable procurement                                  p. 94
   corresponding to the Group’s 13 sustainable                                         10 	 Sustainable added value products & services          p. 96

   priorities.

                                                                                       Our impact on SDGs’ achievement

                                                                                       We are actively working on:

                                                                                       We are contributing to:

                                                                                       We are promoting:

                              C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                      - 25 -
OUR SUSTAINABILITY STRATEGY

    Acting for
                                                                                                and performance, the Group is       SUPPORTING                           During the pandemic, the
                                                                                                committed to offering everyone
                                                                                                                                    LOCAL                                Foundation mobilized the

                                                                                                                                    COMMUNITIES
                                                                                                the same chances of success.                                             logistical expertise and
                                                                                                We implement all actions to                                              international networks of the
                                                                                                raise the proportion of women       In a world where proximity and       CMA CGM Group to ship medical
                                                                                                in management and we want           commitment are more necessary        equipment to the most

     people
                                                                                                to accelerate this dynamic          than ever, we encourage solidarity   fragile populations.
                                                                                                even further, up to the top         initiatives around the world.
                                                                                                management levels.                  In 2020, more than 200 actions
                                                                                                In an ever-changing context,        were carried out spontaneously
                                                                                                we work to foster an agile, equal   by our employees, with a positive
                                                                                                and inclusive work environment,     environmental or societal impact
                                                                                                where our teams can flourish        on local communities.
                                                                                                and develop their full potential.   All are strongly inspired by the
                                                                                                                                    CMA CGM Foundation, which,
                                                                                                                                    after 14 years of supporting
                                                                                                                                    children in need, has made equal
                                                                                                                                    access to education its new
                                                                                                                                    priority.

                                 See our actions and commitments p. 48-49

   PROTEC TI NG                         dedicated to the safety
   OUR PEOPLE                           of our employees.

   The CMA CGM Group has built          DEVELOPING
   its lasting success on strong and    TALENT,
   human values. In a year when the
                                        PROMOTING
   Covid-19 pandemic affected all
   industries, we mobilized all our
                                        EQUALIT Y AND
   energy to ensure, above all, the     DIVERSIT Y
   protection of our employees.         Despite the difficult conditions in
   We demonstrated agility to give      2020, we have committed to the
   them the best possible working       professional development of our
   conditions, whether they were        employees. New programs have
   at sea, in our offices, terminals    been set up to adapt their working
   or warehouses, or working from       methods, strengthen their skills
   home.                                and boost their career paths.
   Because our teams are our            Because diversity - in terms of
   primary asset, we are continually    gender, nationality, age - is a
   strengthening the resources          source of inspiration, innovation

                                       C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                     - 27 -
OUR SUSTAINABILITY STRATEGY

    Acting for
     planet
                                See our actions and commitments p. 48-49

   ACCELER ATE                            the shipping industry. CMA CGM                          ETS system as a critical long-term
   THE ENERGY                             intends to provide an active                            goal. It involves an enhanced
   TR ANSITION TO                         contribution to the design and                          consistency between agendas and

   FIGHT CLIMATE                          delivery of the climate agenda and                      European regional standards IMO

   CHANGE
                                          resulting regulations under these                       international standards.
                                          frameworks.                                             CMA CGM already has a strong
   CMA CGM supports public                Overall, the Group calls for                            track record in proactively
   authorities’ willingness to            measures to reduce the negative                         addressing climate change.
   accelerate the agenda towards          externalities through market-                           Wishing to play its part in
   a low carbon economy, in order         based instruments. This would                           addressing this challenge, the
   to meet the 1.5C ° target. In this     enable the shipping industry                            Group has strongly committed
   context, the International Maritime    to continue ability to drive                            to reduce its carbon footprint for
   Organization’s (IMO) strategy          global trade flow, according                            several years.
   to reduce ships greenhouse gas         to responsible criteria. In this
   emissions, as well as the European     perspective, CMA CGM views
   Union “Green Deal” are critical for    the adoption of a global shipping

                                         C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                        - 29 -
OUR SUSTAINABILITY STRATEGY

   By improving the energy efficiency     LNG, FIRST                                              LNG propulsion also makes              environmental performance.          zero-carbon energy; and the          posing a greater threat to the fragile
   of our vessels, through their          OPER ATIONAL                                            it possible to achieve major           By 2023, alternative fuels will     development of a supply chain        Arctic environment, we decided as
                                                                                                                                                                             for new zero-carbon energies.
   hydrodynamic performance or by         SOLUTION                                                reductions in terms of                 account for at least 10%
                                                                                                                                                                             In order to make adequate
                                                                                                                                                                                                                  early as 2019 that none of
   optimizing routes and speeds, we
                                          TOWARD THE                                              atmospheric pollutants, enabling       of our energy mix.
                                                                                                                                                                             technology available to carriers,
                                                                                                                                                                                                                  our vessels would use the
   have reduced CO2 emissions per                                                                 a 99% reduction in sulfur dioxide.
                                          TR ANSITION
                                                                                                                                                                                                                  Northern Sea Route.
   teu-km by 49% between 2008                                                                     By 2022, 26 vessels equipped with      KEEP INVESTING                      we call ongoing discussions to       By joining the Global Compact, we
                                                                                                                                                                             design the EU taxonomy enabling
   and 2020.                              With the entry into our fleet of                        this state-of-the-art technology       IN RESEARCHING                      more efficient funding flows for
                                                                                                                                                                                                                  have also joined the Sustainable
   Further to this, during a UN Global    the CMA CGM JACQUES SAADE                               will have joined our fleet. In the
                                                                                                                                         THE ENERGIES OF                     the development of less emitting
                                                                                                                                                                                                                  Ocean Business Action Platform,
   Compact conference of the              in September 2020, first LNG-                           meantime, we continue to work
                                                                                                                                         THE FUTURE
                                                                                                                                                                                                                  its technical network dedicated to
   United Nations in June 2020,           powered container ship with a                           with our industrial partners to                                            energy sources.                      marine issues, as well as committed
                                                                                                                                         CMA CGM is deploying an
   Rodolphe Saadé announced an            capacity of 23,000 TEUs, we have                        reduce the methane slip with an                                                                                 to the Sustainable Ocean Principles.
   ambitious new goal for the Group:      taken a major step forward and                          action plan in order to minimize its
                                                                                                                                         ambitious R&D program to move
                                                                                                                                                                             PRESERVING                           In partnership with the Reef
                                                                                                                                                                             MARINE
                                                                                                                                         towards “zero emission” solutions
   to achieve carbon neutrality           demonstrated our determination                          impact in the short term.                                                                                       Restoration Foundation in Australia,
                                                                                                                                         for transport and logistics.
   by 2050.                               to find immediately operational                         In parallel with the development of
                                                                                                                                         Our roadmap includes four           BIODIVERSIT Y                        we launched a program in 2021
                                          solutions to accelerate the energy                      LNG, in 2019 we initiated the use                                                                               to help coral regeneration and
                                                                                                                                         main areas: energy efficiency;
                                          transition in our sector.                               of second-generation biofuels.                                             The oceans are as much a part of     support the Great Barrier Reef.
                                                                                                                                         optimization of our network, in
                                          An LNG-powered vessel emits up                          Produced from used cooking                                                 our lives as they are essential to
                                                                                                                                         particular through data mining
                                          to 20% less CO2 than a regular                          oil, this is the most promising                                            our activity. We are continually
                                                                                                                                         and artificial intelligence; a
                                          oil-powered system.                                     source of biofuels in terms of                                             working to reduce the impact of
                                                                                                                                         new concept of container ships
                                                                                                                                                                             our activities on the oceans and
                                                                                                                                         operating progressively with
                                                                                                                                                                             preserve biodiversity. To avoid

                                         C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                                                              - 31 -
OUR SUSTAINABILITY STRATEGY

                                                                                                         FAVORING A                               Over the next two years,
                                                                                                         PARTNERSHIP                              CMA CGM will continue to improve
                                                                                                         APPROACH                                 the energy efficiency of all its
                                                                                                                                                  operations. We will have opened
                                                                                                         The energy transition is a common        our new Fleet Center, equipped
                                                                                                         challenge for all our customers          with the best technologies and
                                                                                                         and partners, including major            artificial intelligence, we will have
                                                                                                         fossil fuel suppliers. In this context   increased the number of LNG
                                                                                                         where innovation, scalability            vessels in our fleet and continued
                                                                                                         and accessibility are crucial,           the modernization of our vessels,
                                                                                                         collaboration is the key.                we will have increased the
                                                                                                         At the end of 2019, CMA CGM              proportion of alternative fuels in
                                                                                                         established a “Coalition for the         our mix energy and developed our
                                                                                                         Energy of the Future”, composed          green services offers through our
                                                                                                         of 14 clients and partner                partnerships.
                                                                                                         companies, committed together
                                                                                                         to accelerate the energy transition
                                                                                                         of transportation and of the entire
                                                                                                         supply chain. 2021 will be a crucial
                                                                                                         year for the coalition, with the
                                                                                                         deployment of seven concrete
                                                                                                         projects about green hydrogen,
                                                                                                         biofuels, carbon-neutral LNG,
                                                                                                         green electricity, zero-emission
                                                                                                         vehicles, an eco-calculator of the
                                                                                                         transport chain and intermodal
                                                                                                         green hubs.

                        C M A CCGMMA DCÉGVM
                                          E L SOUPSPTEAMI N
                                                          EANB
                                                             T LD
                                                                E UDREAVBELLEO, PLM
                                                                                  ’ EESNS TE N T I E L                   - 33 -
OUR SUSTAINABILITY STRATEGY

  Acting for
                                                                                       BE EXEMPL ARY                         DELIVERING                            In November 2020, we also

                                                                                       IN OUR BUSINESS                       RESILIENT,                            launched ACT with CMA CGM+

                                                                                                                             INNOVATIVE AND
                                                                                                                                                                   to provide our customers
                                                                                       The CMA CGM Group is                                                        with immediate solutions to
                                                                                       committed to set the standards        SUSTAINABLE                           decarbonize part of their transport
                                                                                                                             SERVICES

 responsible
                                                                                       in ethics and compliance. We                                                flows, through the purchase of
                                                                                       are committed to promote              In the context of the pandemic,       LNG and/or Biofuel solutions,
                                                                                       responsible international trade       CMA CGM has demonstrated              combined with
                                                                                       through strict compliance with        its front-line role in the delivery   carbon offsetting offers.
                                                                                       applicable laws and regulations       of goods, both essential and          By capitalizing on the range of
                                                                                       and by encouraging our suppliers      everyday ones, around the world.      our activities, from shipping to
                                                                                       and customers to adopt best           With our Continuity Pack, we have     logistics thanks to CEVA Logistics,

    trade
                                                                                       practices with us.                    adapted our offer, in conditions      we want to enable our customers
                                                                                       In order to ensure the integrity      strongly impacted by the health       to manage their supply chain from
                                                                                       of behavior at all levels of our      crisis, and enabled our customers     end to end, while supporting them
                                                                                       organization, an Ethics Charter       to maintain their activities. New     in reducing their carbon footprint.
                                                                                       serves as a reference document        digital functionalities have been
                                                                                       for all our employees and an Ethics   implemented to optimize the
                                                                                       hotline was launched in 2019,         customer experience while
                                                                                       available 24/7 in                     maintaining a continuous
                                                                                       different languages.                  transport flow.

                        See our actions and commitments p. 48-49

                              C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                        - 35 -
OUR SUSTAINABILITY STRATEGY

                                                                                       Among the possible ways to
                                                                                       accelerate the decarbonization
                                                                                       of transport and logistics, we are
                                                                                       studying the potential of modal
                                                                                       conversion, either from truck to
                                                                                       rail and/or barge, or from truck to
                                                                                       ship. In the second half of 2020,
                                                                                       we launched new intraregional
                                                                                       services on the European market
                                                                                       and in South America.

                                                                                       CONTRIBUTING TO
                                                                                       A RESPONSIBLE
                                                                                       VALUE CHAIN
                                                                                       Our commitments can only be
                                                                                       sustainable if we involve our
                                                                                       stakeholders, starting with our
                                                                                       suppliers and partners.
                                                                                       We are extending our
                                                                                       commitment to the ten principles
                                                                                       of the United Nations Global
                                                                                       Compact to our entire value chain,
                                                                                       which we want to see progress
                                                                                       towards the highest standards.
                                                                                       In addition to the recognition
                                                                                       of our clients, which commits
                                                                                       us to continue our efforts and
                                                                                       to improve further year after
                                                                                       year, our approach in terms
                                                                                       of social and environmental
                                                                                       responsibility, human rights, ethics
                                                                                       and sustainable purchasing was
                                                                                       awarded in 2020 with the EcoVadis
                                                                                       Platinum Medal.

                              C M A C G M S U S TA I N A B L E D E V E L O P M E N T                  - 37 -
OUR SUSTAINABILITY STRATEGY

   Material issues and
   non-financial risks
   The Group’s Sustainability priorities,        subsidiaries, including                                       They are in line with CMA CGM                             With support from the Group Risk       TO DATE, THE                         A Sustainable Development
   which were adapted to the Covid-19            CEVA Logistics.                                               Group’s contribution towards                              Management department,
                                                                                                                                                                                                                FOLLOWING                            risk map will be consolidated in
   Pandemic in 2020, determine the               These priorities have been                                    achieving the 17 United Nations                           a Sustainability risk mapping                                               2021 in order to enhance the risk
   Group Sustainability risks and                identified with our business entities,                        Sustainable Development Goals                             was initiated.
                                                                                                                                                                                                                SUSTAINABLE-                         assessment activity mentioned
   opportunities They directly reflect           subsidiaries & external and                                   and our commitment to                                                                            REL ATED RISKS                       above and to ensure full coverage
   the activities of CMA CGM & its               internal stakeholders.                                        continuous improvement.                                   In 2020, identified risks in both      HAVE BEEN                            at a Group level.
                                                                                                                                                                         the Top Group Risk Map and             IDENTIFIED:                          The following pages detail
                                                                                                                                                                         across all focused-risk mappings                                            strategies, objectives & actions
                                                                                                                                                                         were scanned to assess their           - Risk of non-compliance with       implemented in 2020, on the
                                                                                                                                                                         relation with the 13 priorities                                             13 sustainable priorities
   SUSTAINABILIT Y MATERIALIT Y MATRIX                                                                                                                                   listed in the materiality matrix.
                                                                                                                                                                                                                   “ethics and compliance”
                                                                                                                                                                                                                                                     of the Group.
   in a pandemic year                                                                                                                                                                                              regulations, particularly
                                                                                                                                                                                                                   regarding competition,
                                                                                                                                                                         This enabled us to determine:             corruption, economic sanctions
           TOP                                                                                                                                                           - Any discrepancies between              and personal data protection
   SUSTAINABLE
     PRIORITIES                                                                                                                                                             the risk level in the risk          - Human rights and working
  FOR CMA CGM
                                                                                                                                                                            mappings and the evaluation            conditions
                                                                 Working conditions
                                                                                                                                                                            performed at materiality matrix     - Health, Safety & Security
                                                                                      Optimal protection
                                                                                                                                                                            level. Differences have been        - Climate change and air quality
                                                                                                                                                                            explained & formalized.             - Pollution and harm to
                                                                                                                          Air quality
                                                                                                                                         PRIORITIES

                                                                                                                                                                         - The existence of any challenges        biodiversity
                                                                                                                        Climate change
                                                                                                                                                                            for which no risks had been         - Talent development
                                                                                                                                                                            identified. An evaluation of the

                                                                                                                                         1
                                                                                                         Ethics & Compliance                                                                                    - Partnerships with our suppliers
                                                                                     Stakeholder                                                                            missing risks is to be performed.      and subcontractors
                                                                                dialogue & sustainable
                                                            Sustainable
                                                                                     performance
                                                                                                           PRIORITIES

                                                            added value
                                                         products & services

                                                                                           Biodiversity

                                                                                                    2
                  CMA CGM
                  Foundation
                                                                   PRIORITIES

                     Local communities
                     & emergency relief

                                              Diversity

                                                              3
                          Talent
                       Development
                                           Sustainable                                                                                                TOP
                                          procurement                                                                                                 SUSTAINABLE
           TOP                                                                                                                                        PRIORITIES
     PRIORITIES                                                                                                                                       FOR STAKEHOLDERS

                                               C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                                                                                           - 39 -
OUR SUSTAINABILITY STRATEGY

           Sustainability
            governance

   CMA CGM Group’s CEO               “THE RECENT ECONOMIC, HEALTH AND
   and chairman, Rodolphe            ENVIRONMENTAL CRISES HAVE DEMONSTR ATED
   Saadé, is fully committed to      HOW THE FR AGILE OUR WORLD IS AND HOW
   embedding sustainability in       ESSENTIAL IT IS TO RETHINK CURRENT MODEL S.
   all operations and activities.    WHILE PROFITABILIT Y IS VITAL TO SUSTAINABLE
                                     GROW TH, COMPANIES AL SO NEED TO CREATE
                                     VALUE WITH A POSITIVE IMPACT ON PEOPLE,
                                     SOCIET Y AND THE ENVIRONMENT. IT IS FIRM
                                     CONVICTION THAT SUSTAINABLE DEVELOPMENT
                                     MUST BE AN INTEGR AL PART OF EVERY
                                     COMPANY’S STR ATEGY. FOR OUR GROUP IT IS
                                     KEY REFLECTING OUR FAMILY DIMENSION AND
                                     STRONG AT TACHMENT TO HUMAN VALUES.”

                                     RODOLPHE SAADÉ
                                     Chairman and CEO of the CMA CGM Group

                                    C M A C G M S U S TA I N A B L E D E V E L O P M E N T   - 41 -
OUR SUSTAINABILITY STRATEGY

                                                                                                                  GENERAL MANAGEMENT defines the Group’s Sustainability strategy and objectives

                                                                                                                  THE BOARD OF DIRECTORS monitors sustainable achievements and orientations

                                                                                                                  SUSTAINABILITY ADVISORY COMMITTEE establishes Group Sustainable
    BOARD OF DIRECTORS                                                                                            Development strategy based on best practices
                                                                                              SUSTAINABILITY
                                                                                            ADVISORY COMMITTEE
                                                                                                                  SUSTAINABILITY EXECUTIVE COMMITTEE defines ESG challenges implement
                                                                                                                  strategy and monitors objectives and action plans
                            COMEX
                                                                                               SUSTAINABILITY
                                                                                            EXECUTIVE COMMITTEE
                                                                                                                  SUSTAINABILITY STREERING COMMITTEE implements action plans
                                                                                                                  and reports on them.
                            GROUP
                      SUSTAINABILITY DEPT.
                                                                                                                  LOCAL SUSTAINABILITY staff in each region and subsidiary ensure the dynamic
                                                                                                                  deployment of strategy throughout the network and business.

                              WW                                                               SUSTAINABILITY
                     SUSTAINABILITY NETWORK                                                 STEERING COMMITTEE    THE GROUP’S SUSTAINABLE DEVELOPMENT DEPARTMENT ensures company-
                                                                                                                  wide implementation of strategy and action by all Group entities. The department
                                                                                                                  guides the business units and offices through sustainability roadmaps. These entail
                                                                                                                  monitoring measures and progress on ESG issues, reporting quarterly to the Executive
           HO
                              RO                   SUBSIDIARIES                                                   Committee on the Group’s ESG performance, and ensuring compliance with regulatory
       DEPARTMENTS
                                                                                                                  developments and obligations.

                                                                                                                  SUSTAINABLE PROGRESS is monitored through 20 Key Performance Indicators,
                                                                                                                  defined with ambitious targets in line with our 13 main priorities. The KPIs are presented
                                                                                                                  quarterly to the Sustainability Executive Committee, whose members are responsible for
                                                                                                                  monitoring progress.

                                   C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                                    - 43 -
OUR SUSTAINABILITY STRATEGY

             A rewarded
              strategy
      During 2020, the CMA CGM Group received                                          ECOVADIS PLATINUM        CDP RATING B        DHL’S GOGREEN CARRIER LABEL
                                                                                            TOP 1%                CMA CGM                 BEST SCORE OF 4/4
    numerous awards and certifications recognizing                                         CMA CGM                                            CMA CGM

       quality and reliability of service, customer
    relationship, operational excellence in shipping                                   LABEL HAPPY INDEX®/   LABEL HAPPY TRAINEES           RANK 2ND
                                                                                           CANDIDATES              CMA CGM              HAPPY CANDIDATES
           and logistics, innovative dynamism                                               CMA CGM                                     TOP 40 COMPANIES
                                                                                                                                            CMA CGM
                and sustainability actions.
                                                                                       SHIPPING COMPANY       BEST SHIPPING LINE       THE CLIPPER LOGISTICS
                                                                                          OF THE YEAR           - ASIA-EUROPE             CEVA LOGISTICS
                                                                                            CMA CGM                CMA CGM

                              C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                  - 45 -
C M A C G M D É V E L O P P E M E N T D U R A B L E , L’ E S S E N T I E L
2020 A year like no others

ACTING
                                                               SUPPORT TO OUR STAFF MEMBERS DURING THE COVID-19 CRISIS
                                                               A HUMANITARIAN SHIP FOR LEBANON

FOR PEOPLE
                                                               WORLD CLEAN UP DAY
                                                               PARTNERSHIPS WITH UNICEF
                                                               COVID-19 — SOLIDARITY ACTIONS ALL AROUND THE WORLD
                                                               110,000 TREES PLANTING, ONE FOR EACH STAFF MEMBER

ACTING
                                                               COMMITMENT TOWARD CARBON NEUTRALITY BY 2050
                                                               COALITION FOR THE ENERGY OF THE FUTURE

FOR PLANET
                                                               BIOFUEL COLLABORATIVE GROUP
                                                               PARTNERSHIPS WITH ENERGY OBSERVER
                                                               LNG POWERED VESSELS FLEET
                                                               REEF RECOVERY PROGRAM

ACTING FOR                                                     FIGHT AGAINST ILLICIT TRAFFICKING OF TIMBER SPECIES

RESPONSIBLE
                                                               CMA CGM + RANGE OF ADDED VALUE SERVICES
                                                               BUSINESS CONTINUITY PACK
                                                               THIRD-PARTY CODE OF CONDUCT UPDATE

TR ADE
                                                               ECOVADIS PLATINUM MEDAL
                                                               ACT WITH CMA CGM+

                                                               * providers included

      C M A C G M S U S TA I N A B L E D E V E L O P M E N T                          - 49 -
COVID-19:                                                                                                                           The cleaning process has been
                                                                                                                                    enhanced during the calls at port
                                                                                                                                    with a disinfection plan every four
                                                                                                                                    hours, at the end of each shift, and
                                                                                                                                                                           WE SHOWED AGILIT Y
                                                                                                                                                                           TO ENSURE SERVICE CONTINUIT Y

How we protected,                                                                                                                   in areas with the highest traffic.
                                                                                                                                    The monthly internet allowance
                                                                                                                                    has been doubled at sea to enable
                                                                                                                                    seafarers to contact close friends
                                                                                                                                                                           The exceptional mobilisation
                                                                                                                                                                           of our employees allowed us
                                                                                                                                                                           to ensure the continuity of the
                                                                                                                                                                                                                 as manage shipments online with
                                                                                                                                                                                                                 My CMA CGM.
                                                                                                                                                                                                                 One of the new services is

adapted, contributed
                                                                                                                                    and family more frequently.            logistics chain.                      DELAY IN TRANSIT, which allows
                                                                                                                                    An exceptional bonus was also          Throughout the crisis, Group          customers to temporarily store
                                                                                                                                    guaranteed to seafarers who            employees have demonstrated           containers in a dedicated hub
                                                                                                                                    had to stay at sea on unusually        an exemplary commitment to            until they are ready to be received
                                                                                                                                    long rotations. And the Group          continuing to supply the world        at the final point of destination
                                                                                                                                    has created a solidarity fund to       with essential products, especially   indicated on the B/L. With this
                                                                                                                                    support Covid-19 victims among         foodstuffs, medical equipment         new solution, customers can
                                                                                                                                    Group employees.                       and pharmaceutical products.          control and reduce costs related
                                                                                                                                                                           Despite the lockdown, through         to warehousing and storage.
WE TOOK CARE OF OUR PEOPLE WORLDWIDE                                                                                                Throughout 2020, the Group’s           effective online solutions, office
                                                                                                                                    Chairman and CEO spoke                 staff ensured continuity of service
                                                                                                                                    regularly with employees through       while working from home.
                                                                                                                                    videos, expressing his support,
Throughout the unprecedented           For many years ago already,                             closures, lack of flights and the    informing them of the economic         The CMA CGM GROUP launched
crisis, the protection and well-       CMA CGM set up a psychological                          risk of contamination. With the      situation and outlining the            the BUSINESS CONTINUITY
being of our employees, both           counselling hotline for employees                       support of the French and other      conditions for recovery. These         PACK, a new global range
seafarers and sedentary teams,         in France, which will be extended                       international governments,           messages were highly appreciated       of adapted solutions for our
was the Group’s priority.              worldwide in 2021. The service,                         protocols were found to make         and helped teams to stay united        customers to adjust the pace
                                       which is accessed through a                             crew rotation possible.              and to rapidly adapt to the            of shipments, support business
With proactive communications          toll-free number, enables                               A quarantine of eight days           exceptional circumstances.             activity and protect cargo as well
throughout the crisis, the Group       employees and their close                               following PCR tests is in place
ensured that employees were            family members to speak with                            before boarding for each seafarer.
regularly updated on operational       experienced psychologists in                            On board, barrier measures are
developments and were given            complete confidentiality.                               implemented: access to the ship
support and encouragement to                                                                   is restricted, and non-essential
maintain their motivation and well-    CMA CGM took several measures                           technical work postponed.
being when working from home.          in order to protect the seafarer’s
Initiatives included                   health and limit the spread of the
Team-based development                 pandemic on board ships, while
workshops (on resilience,              ensuring the continuity of our
time management, effective             services. Shipping operations have
communication and social               continued with strict measures to
connecting), daily engagement          ensure the safety and protection
activities, sports classes and         of seafarers. Crew rotations had
nutrition tips.                        been suspended due to border

                                      C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                                                              - 51 -
WE TOOK OUR PART IN THE FIGHT AGAINST THE PANDEMIC

In France and around the world,           needed it most. Over 1 million                          and Ecole de la 2ème Chance,
supplying emergency medical               masks and other personal                                the CMA CGM Foundation
equipment.                                protective equipment                                    provided computer equipment
The CMA CGM Group and its                 were donated:                                           and internet connections to more
subsidiary CEVA Logistics set             - in France, to the Regional                           than 500 schoolchildren and
up a logistics bridge between                Healthcare Agencies of the                           students from underprivileged
China and France in record time              Provence-Alpes-Côte d’Azur                           backgrounds in Marseilles to
to ensure the supply of medical              (PACA) and Ile-de-France                             enable them to continue their
equipment to France.                         regions, the Assistance Publique                     schooling and studies during the
Through several charter flights              des Hôpitaux de Marseille                            lockdown.
each week, hundreds of millions              (APHM) and the Institut                              Teaming up with Action Against
of face masks were delivered                 Hospitalo-Universitaire (IHU)                        Hunger ACF and UNICEF, the
to France in response to the                 de Marseille.                                        Foundation distributed hygiene
health emergency and to supply            - in Lebanon, to several Lebanese                      kits to 5,000 homeless people.
hospitals, nursing homes,                    hospitals and the                                    Supporting the Bouches-du-
local authorities and companies              Lebanese Red Cross                                   Rhône department food bank,
considered as essential, such as          - in Africa, to the Algerian Red                       the Foundation also distributed
supermarkets and hypermarkets.               Crescent and healthcare                              40,000 meals to the poor.
This air bridge worked thanks to             organisations in the Ivory Coast,                    In Lebanon, the Foundation
the mobilization of our employees            Nigeria, Mauritania, Senegal                         provided funding for 23 local
throughout the logistics chain,              and Cameroon.                                        organizations to distribute
from loading merchandise                  - in the USA, to the city of Los                       emergency food assistance.
at factory outlets to delivering it to       Angeles to support the resilient                     More than 50,000 families located
end users. As a result, the Group            men and women working at the                         throughout the country benefited
ensured that essential medical               port to keep supply                                  from this aid.
supplies were delivered extremely            chains running.
rapidly, which making
a significant contribution                Around the world, helping
to the French government’s crisis         the most vulnerable.
management strategy.                      The CMA CGM Group has created
                                          an exceptional solidarity response
The CMA CGM Foundation                    fund to support initiatives to
has also mobilized the Group’s            combat the Covid-19 pandemic
logistical expertise and                  and help the most vulnerable
international networks to actively        communities impacted by the
combat the Covid-19 pandemic              health crisis in Marseilles, in
by shipping medical equipment             Lebanon and internationally.
and providing it to those that            Alongside Emmaus Connect

                                         C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                       - 53 -
Acting for
                                                                                 people

C M A CCGMMA DCÉGVM
                  E L SOUPSPTEAMI N
                                  EANB
                                     T LD
                                        E UDREAVBELLEO, PLM
                                                          ’ EESNS TE N T I E L          - 55 -
ACTING FOR PEOPLE

01                        Our                                                                                                                   WORKING TO ENSURE THAT                           We want to facilitate our employees’ daily
                                                                                                                                                OUR EMPLOYEES ENJOY THE                          life and help them strike the best work-life
                                                                                                                                                BEST POSSIBLE WORKING
                                                                                                                                                                                                                                                      2020
                                                                                                                                                                                                 balance possible.
                                                                                                                                                CONDITIONS.

                          employees
                                                                                                                                                                                                                                                      2 019
                                                                                                                                                                                                                                                      TA R G E T S

                                                                                                                                                 PROTEC TING OUR EMPLOYEES AND THEIR FAMILIES

                                                                                                                                                                                                                                                  Access to health
                                                                                                                                                                                                                                                  cover for our
Our employees are our most precious asset. We are committed to                                                                                  At the start of the COVID-19 crisis,
                                                                                                                                                CMA CGM Group implemented a num-
                                                                                                                                                                                                 due to border closures, lack of flights
                                                                                                                                                                                                 and the risk of contamination.                   sedentary employees
ensuring their professional development and personal fulfilment                                                                                 ber of measures to protect employees and         • Enabling our seafarers to communicate          Employee with access to an
                                                                                                                                                tackle the spread of the epidemic.               more frequently with their loved ones in the     health cover:
under the best conditions.                                                                                                                                                                       current context, by doubling the monthly
                                                                                                                                                The COVID-19 crisis has catalysed changes        internet allowance at sea.                                                8 6%
                                                                                                                                                in the Group’s benefits roadmap in line with     • Ensuring that our sedentary employees                                   8 4%
                                                                                                                                                our principles and values. Protecting our        have access to major medical treatments
                                                                                                                                                                                                 by 2022.
                                                                                                                                                employees and their families is of utmost
OUR AMBITIONS AND GOALS                                                                                                                         importance to the Group. Consequently, we
                                                                                                                                                                                                 • Providing our sedentary employees with
                                                                                                                                                                                                 financial protection in the event of an unex-
                                                                                                                                                                                                                                                     10 0 % b y 2 0 2 2
                                                                                                                                                have committed to:                               pected life event through the creation
                                                                                                                                                • Ensuring our seafarers’ safety and protec-     of a Special Provident Fund.
Promote diversity within teams, improve quality of life at work and enable
                                                                                                                                                tion: crew rotations have been suspended
employees to grow their talent and develop throughout their careers

                                                                                                                                                 PREVENTING PS YCHO -SOCIAL RISK S

20%                             3 days                         100%                                   > 10 %                                    The Group’s policy on psycho-social risks        gram to measure, analyse and monitor
of women and 50% of             of training per                of employees with                      of remote work worldwide,                 is covered by an agreement signed in 2010        psycho-social risks.
non-French Nationals            employee per year              an access to health                    per employee in 2021                      including milestones for a preventive pro-
among TOP 100                   by 2022                        cover by 2022
by 2025
                                                                                                                                                 ENCOUR AGING SOCIAL DIALOGUE

                                                                                                                                                Social dialogue is a vital part of company       are addressed in a range of committees
CMA CGM Group’s global reach, wide range of business lines and numerous business                      As at 31 December 2020, the Group
                                                                                                                                                life. It mainly involves providing employees     attended by personnel and management
activities foster employees’ career development on shore and at sea.                                  had a total of 80,780 employees:
                                                                                                                                                with information. Strategic, economic, finan-    representatives.
The Group’s workforce is divided into three large categories with varied, complementary                                                         cial, social and organisational questions
activities and jobs. These are:
                                                                                                      76,373                                    ENHANCING WORK-LIFE BALANCE
                                                                                                      employees (scope: CMA CGM,
                                                                                                      CEVA Logistics and French seafarers)      Working time is systematically organised         of customers. A remote work agreement was
                                                                                                                                                in line with the prevailing local legislation.   signed in 2020 and implemented in France.
                   6%                                                                                 4,407                                     Special working time arrangements have           In 2021, the global remote work policy will
                         15%                                                                          international seafarers
                                                                                                                                                been instituted in some areas to enhance         be deployed in all countries for eligible jobs
                                                                                                                                                work-life balance and best meet the needs        and staff.
                                                   Maritime activities
                                                   Inland and Logistics activities
                                                   Office-Based activities                            In 2020, there were 19,625 new             ENHANCING OUR SEAFARERS’ QUALIT Y OF LIFE AT WORK
                                                                                                      hires and 18,691 departures (scope:
                                                                                                                                                Our partnership with HumanFab, a com-            is aimed at optimising the health of our sea-
                                                                                                      CMA CGM, CEVA Logistics and
                                                                                                                                                pany specialised in sports and performance,      farers and reducing the number of accidents.
                                                                                                      French seafarers). In 2019, for a scope
                                                                                                      excluding CEVA, the number of hires
                79 %                                                                                  was 6,702 and the number of depar-
                                                                                                      tures was 7,161 people.

                                             C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                                                                                 - 57 -
ACTING FOR PEOPLE

LEVER AGING OUR DIVERSIT Y                      • Among the 80,780 employees,
The strength of the CMA CGM Group               35% are women.                                                                                 DISAB ILIT Y
lies in the diversity of its staff members.     • More than 178 nationalities are repre-                      2020
                                                sented in over 136 countries.                                 2 019                            T h e C M A C G M Group supports                 their stories with other employees, publi-       PAR TNERSHIP WITH
This diversity is a source of inspiration and   • The average age of employees is 38 and                                                       people with special needs during their           shing them in CEVA’s newsletter, and             AI MICROSOF T BY
innovation that results in mutual enrich-       the average number of years of service is 6.                  TA R G E T S                     professional career.                             on the Intranet.                                 SIMPLON SCHOOL
ment. It is reflected in gender equality,                                                                                                      In 2019, the CMA CGM Head Office                                                                  CMA CGM has decided to support and
                                                                                                                                               launched the “All Different” program and         CEVA LOGISTIC S AND L’OREAL                      join this initiative by becoming one of the
interculturality, intergenerationality and
                                                                                                                                                                                                UNITED FOR DISAB ILIT Y                          Marseille school’s partners.
disability management.                                                                                                                         took concrete action to ensure more effective
                                                                                                         Women in the                          communication on the topic: appointment of
                                                                                                                                                                                                CEVA Logistics in Malaysia is promoting          An inclusive school aimed at integra-
                                                                                                         management                            a Company Disability Officer, creation of a
                                                                                                                                                                                                access to employment for the hearing             ting people who are unemployed and
C- BOX DIVERSIT Y                                                                                       Share of Women/Men in                 dedicated email address and a specific page
                                                                                                                                                                                                impaired within the L’Oreal Solidarity           under-represented in the data and AI profes-
                                                                                                         management position                                                                    sourcing program.
                                                                                                                                               on the Group Intranet. In 2020, a disabilities                                                    sions: jobseekers, people from high priority
C-Box Diversity was launched to identify        A C-Box is a facilitation kit which empowers                                      3 1 / 69 %                                                    Since June 2020, hearing impairment              districts, people with disabilities and women.
                                                                                                                                               workshop was organised with unions orga-
possible forms of discrimination and to plan    teams in resolving a specific issue. Thanks                                       3 7 / 63 %                                                    employees have been allocated to suitable
                                                                                                                                               nisations to identify new actions.
actions within teams to promote diversity       to the material contained in the box,                                                          On December 3rd, CEVA Logistics pro-             tasks in the value-added service area
and inclusion.                                  any employee can facilitate a workshop                                                         moted the International Day of Persons           where minimum communication
                                                (3 hours max.) in total autonomy                                                               with Disabilities with a global perspec-         is required. So far, six employees have
                                                                                                         Share of Women among TOP 100                                                           been hired and CEVA is looking to increase
                                                                                                                                               tive and communicated with employee
                                                                                                                                      13%      stories.                                         this figure in the future as the quality of
GENDER EQUALIT Y                                                                                                                     14%      In Europe, several employees with disa-          work has met the expected standards.
                                                                                                                                               bilities were courageous enough to share
For many years, the CMA CGM Group               • Head office and the unions have signed                    20% by 2025
has been committed to promoting gen-            an agreement on gender equality (France
der equality in the workplace.                  scope), with four priorities for the next                                                      NUR TURING OUR TALENTS
                                                four years:                                              Share of Women
                                                                                                         on Board of Directtion
• “We Are Shipping” is a program designed                                                                                                      TR AINING & TALENT DEVELOPMENT
to help women with their career advance-        1. Increase the recruitment of women in                                               42%                                                                                                                 2020
ment through training workshops. Since it       senior management positions.                                                          45%      The number of training days per employee         • The CMA CGM Academy has launched                        2 019
was launched, more than 80 women have           2. Increase internal promotion for women in                                                    in 2020 compared with 2019 decreased             new leadership programmes and a series
benefited from the program, which was                                                                                                                                                                                                                     TA R G E T S
                                                senior management positions.                                                                   by 26% due to COVID-19: the lockdown             of soft skills solutions to help managers and
deployed internationally in 2020.               3. Reduce the salary gap between men                     Cultural diversity                    and remote working requiring deep trans-         team members improve their skills in com-
• CMA CGM has reaffirmed its commitment         and women for identical positions across                 Share of non-French Nationals         formations to train CMA CGM collabora-           munication, stress management, conflict
to gender equality through a professional       the organisation.                                        among TOP 100                         tors have been engaged, accelerated by           management, giving and receiving feedback
gender equality agreement with BPW France.      4. Promote a work-life balance for                                                             the digital transformation.                      and adapting to change.
                                                                                                                                                                                                                                                    Training
                                                                                                                                      49%                                                                                                           Number of Training days
This agreement confirms the Group’s ambi-       all employees.
                                                                                                                                      50%                                                                                                           per employees
tion to ensure equal opportunities for men                                                                                                     In 2020, the CMA CGM Group provided              • CEVA Academy has been totally reshaped.
and women in their careers and to work                                                                                                         318,132 hours of training, an increase of        The Ethics & Compliance training course was               1 .2 3
towards equal representation in all functions                                                               50% by 2025
                                                                                                                                               27% over the previous year thanks to CEVA        designed using a new content builder and                  1 .6 7
and at all levels of the organisation.                                                                                                         integration and to increase of the e-learning    the leadership programmes continued to be
                                                                                                         Breakdown of the workforce
                                                                                                                                               share. The percentage of e-learning training     deployed. The Contract Logistics business                3 days by 2022
                                                                                                         by geographical area
                                                                                                                                               increase in the total training and a virtual     line rolled out 14 training courses to improve
                                                                                                         Europe/France	           30.7%
These topics will be discussed in 2021,         - Pay rise for female employees returning                                                      class replaced classroom trainings.              required skill sets and prepare employees for
                                                                                                         Africa/Middle East 	 15.6%
to encourage similar initiatives within the     from maternity leave.                                                                                                                           new roles through a set of mandatory and
                                                                                                         Americas	 27.7%                      Training courses have been developed                                                                 E-learning: Number of total hours
CMA CGM Group’s agency network.                 - Number of women within the top ten                                                                                                            optional training courses.
                                                                                                         Asia/Oceania	             26%
                                                                                                                                               and expanded:
                                                employees with the highest remuneration.                                                                                                                                                                  2 0 4 ,3 2 9
Professional equality index                                                                                                                    • Courses for seafarers focused on qua-
                                                                                                         Intergenerationality                                                                                                                             9 9 ,2 7 0
The index assesses difference in pay between                                                                                                   lity of work, safety & security on board.
                                                                                                         Breakdown of the workforce
males and females using several indicators:     In 2020, the Group obtained a score of                   by age category                       With the arrival of our new fleet in the par-
- Eliminating the gender pay gap.               82/100 for France. The Group will continue                                                     ticular context of COVID, LNG training
                                                                                                         Under 20                        1%   courses were maintained but adapted with
- Gaps in the percentage of pay rise and        to promote professional equality through                                                                                                                                                            Classroom: Number of total hours
number of promotions.                           many programmes that encourage female                    20 to 29                       25%   virtual classes. More than 250 seafarers
                                                access top company position.                             30 to 39                       32%   have begun LNG cursus training. A mento-                                                                   1 1 3 ,8 0 3
                                                                                                         40 to 49                       23%   ring programme has also been developed.                                                                    1 5 0 ,6 3 8
                                                                                                         50 to 59                       14%
                                                                                                         60 and above                    4%
                                                                                                         Not reported                    1%

                                                C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                                                                             - 59 -
ACTING FOR PEOPLE

                                                                                                                                                               • The innovative Junior Upwards Mobility       in one of the Group’s agencies, to expand
CMA CGM AC ADEMY/ TR AINING FL AGSHIP OF CMA CGM GROUP
                                                                                                                                                               Programme (JUMP) gives our young talents       their knowledge, acquire new interpersonal             2020
                                                                                                                                                               a chance to work abroad for six months to      skills and help standardise practices and
                                                                                                                                                               discover new jobs.                             procedures within the Group.                           2 019
• A €33 million investment in a campus which        • Creating an Internship Centre (CFA) to deli-           • New authoring tools and potentially the
                                                                                                                                                               • The VIE Programme (Volontariat                                                                      TA R G E T S
will accommodate up to 300 learners per day         ver a state-recognised diploma on technical              development of a Digital Learning Factory
                                                                                                                                                               International en Entreprise), an interna-      Some JUMP and VIE Programmes could not
by 2023.                                            skills that cannot be found on the market.               to internalise the creation of our content and
                                                                                                                                                               tional French program, offers our young        be set up because of the health crisis; border
                                                                                                             increase responsiveness.
                                                                                                                                                               graduates a 24-month assignment abroad,        and immigration closures outside Europe.
• Creation of new state-recognized diplomas         • Reorganising all learning solutions around
on transportation and logistics skills, including   the Group’s business reference system to                 • Developing new teaching methods such                                                                                                            Number of
tailored diplomas.                                  improve employees’ experience.                           as virtual reality, webinars, etc.
                                                                                                                                                                                                                                                               young talents
CMA CGM ACADEMY MAIN                                ENHANCEMENT OF A NEW DIGITAL                                                                               LAND-SEA-LAND                                  facilitate the transition from land to sea
ACHIEVEMENTS 2020                                   PLATFORM                                                                                                   CAREER MANAGEMENT                              and back again by creating opportunities         JUMP
                                                                                                                                                               This career management system for              for land-based careers. The system has               5
• Recruiting five internal business experts to      • Investing €1 million for a Training                                                                      fleet officers has been strengthened to        been fully implemented since June 2020.
                                                                                                                                                                                                                                                                     15 i n 2 0 21
provide in-depth expertise in the solutions         Management System tool to organise and
delivered by the Academy.                           streamline learning, enabling monitoring at                                                                                                                                                                VIE
                                                    a global level with a high level of precision.                                                             WAGE POLICY 
                                                                                                                                                                                                                                                                     24
• Structuring an evaluation, feedback and
monitoring process for the 109 external             • A new Learning Management System plat-                                                                   In order to attract, retain and motivate       • Internal equity                                      3 2 i n 2 0 21
trainers and 331 internal trainers to improve       form to facilitate access to the offer, develop                                                            talent, CMA CGM relies on a wage policy        • External competitiveness
quality.                                            community functionalities for managing the                                                                 with three priorities:                         • Performance-based remuneration                 CFA
                                                    curricula, thereby facilitating adoption.                                                                                                                                                                        16

                                                                                                                                                               ENGAGEMENT SURVEY
                                                                                                                                                                                                                                                               Payroll
C AREER MANAGEMENT                                                                                                                                            CMA CGM Group has entered into a               stronger engagement. CEVA Logistics                    U S D 4 ,1 3 3 M
                                                                                                                                                               partnership with a company that has an         launched an engagement survey in 2020.                 U S D 4 ,0 6 3 M
                                                                                                                                                               innovative survey platform. The survey plat-   A more global engagement survey is already
The Group HR Department rolled out                  • My Future Job Program is aimed at                      C-Mobility is based on the skills identified by
                                                                                                                                                               form helps the organisation measure, analyse   planned for 2021 and will concern all Group
projects to provide employees with better           preparing staff to meet changes in job and               staff members. It helps them to shape their
                                                                                                                                                               and improve employee engagement in real        employees worldwide.
assistance with their mobility projects,            skills requirements and face the challenges              career path by enhancing visibility regarding
                                                                                                                                                               time. The aim is to create greater transpa-
meet their needs for information on the             of tomorrow through two tools: a job                     opportunities available in the CMA CGM
                                                                                                                                                               rency and frequent and relevant conversa-
Group’s businesses, and provide optimal             development review and career paths. My                  network.
                                                                                                                                                               tions between managers, thereby building
support throughout their career:                    Future Job Program reflects the vision of the
                                                    Group’s employees regarding job prospects
• C-Careers: HR global initiative for a             and skills development.
                                                                                                                                                               CEVA UK R ANK S IN THE                         As a result of the UK Talent team’s conti-
better support of our collaborators into
                                                                                                                                                               TOP 10 0 APPRENTICESHIP                        nued focus on utilizing apprenticeships
their mobility project. In 2020, the first          • The Job&Me application, informative                                                                      EMPLOYERS 2020                                 for development and promoting the
C-Careers forum has been launched                   and accessible to all, is aimed at improving
                                                                                                                                                                                                              benefits across their sites, we are thrilled
                                                                                                                                                                                                                                                                Masse salariale
welcoming commercial and agency networks            visibility on the diversity of jobs within the                                                             T h e To p 1 0 0 A p p r e n t i c e s h i p   and extremely proud to announce that in                  4 1 3 3 Mds U S D
jobs through conferences, career forums,            Group.                                                                                                     Employers 2020 recognizes England’s            October 2020, CEVA Logistics UK is ranked
testimonies and HR workshops.                                                                                                                                  very best employers of apprentices from                                                                 4 0 6 3 Mds U S D
                                                                                                                                                                                                              45th in the Top 100 list.
                                                    • C-Mobility pilot project, a 100% digital                                                                 a wide range of industries and employ-
During the year 2021, CMA CGM Group will            solution, “matches” staff members’ profiles                                                                ment sectors.
organize virtual events for all its collaborators   and positions open to internal mobility
dedicated to shipping lines jobs.                   thanks to a powerful algorithm.

                                                    C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                                                                                       - 61 -
ACTING FOR PEOPLE

02                             Optimal
                               protection
The Group has implemented a global safety policy (Safety First)
                                                                                                               MAKING SAFET Y OUR PRIMARY CONCERN

                                                                                                                GENER AL POLICY

                                                                                                               • The CMA CGM Group mapping of security
                                                                                                               risks worldwide has been totally amended,
                                                                                                               with five risk levels, compared with four pre-
                                                                                                               viously, and dedicated security measures to
                                                                                                               be implemented in each country.
                                                                                                                                                                • A new QHSSE audit checklist has been
                                                                                                                                                                implemented to get a better overview of ves-
                                                                                                                                                                sel condition by area and to assess vessel cri-
                                                                                                                                                                ticality (Low/Normal/Medium/High). Based
                                                                                                                                                                on this criticality, a priority level is defined
                                                                                                                                                                and sent to top management. This priority
                                                                                                                                                                                                                       2020
                                                                                                                                                                                                                       2 019
                                                                                                                                                                                                                       TA R G E T S
                                                                                                                                                                                                                        Ba s e l i n e 31.12 . 2 019

aimed at reducing the exposure to security, health, environmental and                                          • The SSF LOCATOR platform aimed at              level is reviewed every week in cooperation
                                                                                                                                                                                                                   Lost time injury
                                                                                                                                                                                                                   frequency rate (LTIFR)
technological risks of the Group’s business activities and personnel
                                                                                                               monitoring business trips worldwide will         with the fleet department.
                                                                                                               been extended to both CMA CGM and                • In addition, an Inland and terminals QHSSE       Maritime

internationally.                                                                                               CEVA employees (previously only CMA CGM
                                                                                                               & CEVA HO and CMA CGM USA).
                                                                                                                                                                policy was issued to implement common
                                                                                                                                                                processes through QHSSE guidelines on all
                                                                                                                                                                                                                       1.0 8
                                                                                                                                                                                                                       1. 8 8
                                                                                                                                                                terminal and inland platforms. This action is
                                                                                                               • Modern technological resources are deve-       based on the “Top 10 risks”.                           - 4 0% by 2025
                                                                                                               loped in-house by the expert captains of
                                                                                                               Fleet Centers in order to mitigate naviga-                                                          Terminals
OUR AMBITIONS AND GOALS                                                                                        tion-related risks, such as those related to
                                                                                                               the weather. These resources are then provi-                                                             7. 2 0
                                                                                                               ded to captains and officers on board Group                                                             13.18
The Group has implemented a global safety policy (Safety First) aimed at reducing                              vessels and include navigation aid systems
                                                                                                                                                                                                                       - 4 0% by 2025
the exposure to security, health, environmental and technological risks of the Group’s                         or decision-making systems for navigation
business activities and personnel internationally.                                                             during bad weather.
                                                                                                                                                                                                                   Inland CMA CGM

                                                                                                                                                                                                                       9.10
No fatal                                    -40%                                                                FATAL ACCIDENTS
                                                                                                                                                                                                                   Inland CEVA Logistics
accident                                    decrease in the frequency of
                                            maritime and terminal accidents                                    We reported 2 fatal accidents, with sadness      • 1 fatal accident due to a container fal-             7.71
                                            with sick leave by 2025                                            during the year despite all the safety mea-      ling onto the cabin driver of a CHE (Empty
                                                                                                               sures put in place.                              Container Handler).
                                                                                                                                                                • 1 death on board a ship.
                                                                                                                                                                                                                   Injury severity rate
                                                                                                                                                                                                                   Maritime
Certifications                          Maritime                                     Terminals        Inland                                                                                                           0.13
                                                                                                               NEAR MISSES                                      In 2020, CMA CGM recorded 2,344 near                   0. 2 0
                                                                                                               A near miss (or dangerous situation) is a        misses (terminals: 63; maritime: 2,281), a mar-

                                       100%                                      21.4%               100%
                                                                                                                                                                                                                   Terminals
                                                                                                               sequence of events and/or circumstances          ginally higher number than those recorded
ISO 9001                                                                                                       which could have caused damage or harm.          in 2019 (2,134).                                        0. 32
QUALITE                                                                                                                                                                                                                 1.0 6
                                                                                                               Near misses must be examined and
ISO 14,001
ENVIRONMENT                            100%                                      28.6%                48%      recorded, and experiences shared, to reduce
                                                                                                               the probability of similar incidents occurring
                                                                                                               in the future. Most industrial accidents are
                                                                                                               preceded by near misses which should have
                                                                                                                                                                                                                   Number of fatal
                                                                                                                                                                                                                   accidents
OHSAS 18,001 & ISO 45,001
HEALTH & SECURITY                                                                  38%                45%      served as a warning.                                                                                     2
                                                                                                                                                                                                                        0

                                                                                                                                                                                                                       No loss of life

                                            C M A C G M S U S TA I N A B L E D E V E L O P M E N T                                                                                  - 63 -
ACTING FOR PEOPLE

MA JOR INCIDENTS REL ATING TO GROUP A SSETS

                                                                                                              2020
                                                                                                              2 019
The severity of maritime events is classi-      - APL ESPLANADE: Ship detained for
fied on a scale of A to D, with D being the     several weeks by the Mexican authorities                      TA R G E T S
most serious event. The scale considers         following the discovery of drugs in the
four major categories of impacts:               seawater intakes. The crew was not at all
• Health and safety                             involved in the drug traffic.
• Environmental                                 The QHSE department carried out                          Number of major
• Security                                       investigations following each of these                  incidents relating to
• Financial                                     events to determine the causes and                       group assets
                                                recommended corrective actions to
                                                avoid their re-occurrence.                               Maritime
In 2020, CMA CGM recorded three major                                                                         3
maritime incidents and one major terminal       1 major incident on terminals                                 3
incident.                                       - 1 collision between 2 STS (Ship-To-Shore)
                                                cranes due to a windstorm inland.                        Terminals
3 major maritime incidents:
- APL ENGLAND: 50 containers lost off                                                                         1
Australia in bad weather. These contai-
ners are reported in the container loss
section.
- CC JAKARTA: serious damage to the
motor reducer leading to prolonged
unavailability of the vessel (not repaired
and sold).

SEARCH AND RESCUE OPERATIONS                                                                             Number of search &
As the oceans are so vast, shipping industry    In 2020, nine such operations were carried               rescue operations
players have to work together to rescue         out by CMA CGM Group’s vessels.                               9
individuals in danger. At any time, ships may                                                                 5
have to be diverted to assist another ship
in distress.

MANAGEMENT OF HA Z ARDOUS GOODS 

CMA CGM Group transports a wide variety         The application electronically incorporates
of cargo, ranging from general cargo and        international regulations, making it pos-
manufactured goods to consumer products         sible to control the way dangerous goods
and dangerous goods. As some cargo can          are declared, packaged and stowed in the
represent a danger during transport, the        container. In 2020, the Group was able to
Group has set up a dedicated organisation       respond in almost real time to more than
to inspect, analyse and prevent risks related   60% of requests.
to the carriage of goods.                       CMA CGM Group uses its best endeavors to
To manage dangerous goods, the Group has        prevent unlawful carriage of goods in accor-
a dedicated enhanced computer application       dance with regulations and the Group’s Code
connected to the overall computer booking       of Ethics.
system.

                                                C M A C G M S U S TA I N A B L E D E V E L O P M E N T                           - 65 -
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