Subscribe to our Mailing Lists (It's free!)
Thursday, February 2, 2023
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    LNG reference price

    EU: Launch of global LNG reference price

    Keppel Terminal Berth accident

    Prime mover driver dies after falling into the sea at Keppel Terminal Berth

    lng carrier grounded suez canal

    LNG carrier runs aground in Suez Canal

    msc containership grounded singapore

    Watch: MSC containership grounded off Singapore

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    How are you making decisions? The 6 human needs

    How are you making decisions? The 6 human needs

    how to fall asleep

    6 tips to help you fall asleep when you wake up at night

    psychotherapy

    Working in business? How psychotherapy can be a life-changing experience

    sexual health

    Sexual health important to overall wellbeing: Key considerations

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    equinor engie hydrogen

    Equinor, Engie move forward with hydrogen project in Belgium

    LNG reference price

    EU: Launch of global LNG reference price

    capital lng tanker

    Watch: Capital receives LNG fuel-ready eco-friendly tanker

    port of corpus christi

    Port of Corpus Christi: $16.4M for carbon capture operation

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    klaveness autonomous hull cleaning

    Klaveness: Roll-out of semi-autonomous hull cleaning solution

    mol Vessel Cyber Resilience

    MOL: World’s first company to receive AiP for vessel cyber resilience

    ukho paper chart

    UKHO: Paper chart withdrawal extended beyond 2026

    hyundai Autonomous Navigation System

    HD Hyundai: Approval for autonomous navigation system

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    philippines 18 detained fuel theft

    Philippines: 18 from 3 ships detained for fuel theft

    black sea mou cic stcw

    Black Sea MoU: Preliminary results of CIC on STCW

    Keppel Offshore fines

    Keppel Offshore & Marine pays $65m in fines after corruption case

    fmc delay and disruption claims

    FMC: Increase in “Delay and Disruption” claims

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
    maritime uk girls maritime careers

    Maritime UK to inspire girls to consider maritime careers

    capital lng tanker

    Watch: Capital receives LNG fuel-ready eco-friendly tanker

    port of corpus christi

    Port of Corpus Christi: $16.4M for carbon capture operation

    india sustainable maritime

    DNV: How can India achieve a sustainable maritime ecosystem

  • Columns
    Maritime Just Transition Task Force: Engaging industry in social dialogue

    Maritime Just Transition Task Force: Engaging industry in social dialogue

    Career Paths: David Tournay, Maritime Skills Alliance

    Career Paths: Sinikka Hartonen, One Sea Association

    Career Paths: David Tournay, Maritime Skills Alliance

    Career Paths: David Tournay, Maritime Skills Alliance

    Trending Tags

    • Career Paths
    • Industry Voices
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    LNG reference price

    EU: Launch of global LNG reference price

    Keppel Terminal Berth accident

    Prime mover driver dies after falling into the sea at Keppel Terminal Berth

    lng carrier grounded suez canal

    LNG carrier runs aground in Suez Canal

    msc containership grounded singapore

    Watch: MSC containership grounded off Singapore

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    How are you making decisions? The 6 human needs

    How are you making decisions? The 6 human needs

    how to fall asleep

    6 tips to help you fall asleep when you wake up at night

    psychotherapy

    Working in business? How psychotherapy can be a life-changing experience

    sexual health

    Sexual health important to overall wellbeing: Key considerations

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    equinor engie hydrogen

    Equinor, Engie move forward with hydrogen project in Belgium

    LNG reference price

    EU: Launch of global LNG reference price

    capital lng tanker

    Watch: Capital receives LNG fuel-ready eco-friendly tanker

    port of corpus christi

    Port of Corpus Christi: $16.4M for carbon capture operation

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    klaveness autonomous hull cleaning

    Klaveness: Roll-out of semi-autonomous hull cleaning solution

    mol Vessel Cyber Resilience

    MOL: World’s first company to receive AiP for vessel cyber resilience

    ukho paper chart

    UKHO: Paper chart withdrawal extended beyond 2026

    hyundai Autonomous Navigation System

    HD Hyundai: Approval for autonomous navigation system

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    philippines 18 detained fuel theft

    Philippines: 18 from 3 ships detained for fuel theft

    black sea mou cic stcw

    Black Sea MoU: Preliminary results of CIC on STCW

    Keppel Offshore fines

    Keppel Offshore & Marine pays $65m in fines after corruption case

    fmc delay and disruption claims

    FMC: Increase in “Delay and Disruption” claims

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
    maritime uk girls maritime careers

    Maritime UK to inspire girls to consider maritime careers

    capital lng tanker

    Watch: Capital receives LNG fuel-ready eco-friendly tanker

    port of corpus christi

    Port of Corpus Christi: $16.4M for carbon capture operation

    india sustainable maritime

    DNV: How can India achieve a sustainable maritime ecosystem

  • Columns
    Maritime Just Transition Task Force: Engaging industry in social dialogue

    Maritime Just Transition Task Force: Engaging industry in social dialogue

    Career Paths: David Tournay, Maritime Skills Alliance

    Career Paths: Sinikka Hartonen, One Sea Association

    Career Paths: David Tournay, Maritime Skills Alliance

    Career Paths: David Tournay, Maritime Skills Alliance

    Trending Tags

    • Career Paths
    • Industry Voices
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

How ESG relates with UN Sustainable Development Goals

by The Editorial Team
June 9, 2022
in Maritime Knowledge, Sustainability
2019 Sustainable Development Goals
FacebookTwitterEmailLinkedin

Addressing ESG factors can help organizations manage their environmental and social imprint and determine their business risks and opportunities. In addition, the United Nations’ Sustainable Development Goals (SDGs) are increasingly being recognized as a beneficial framework for responsible investment as the business world shifts its focus more intensively on ESG.

Due to shipping industry’s vulnerability to environmental risks, such as accidental spills and greenhouse gas emissions, the pressure for a fact-based disclosure of their ESG strategies by stakeholders intensifies. Marine resources have to be protected and used sustainably and it is important to carefully manage the oceans. Given that activities deriving from shipping can have both positive or negative impacts, several frameworks are constantly developing regarding the monitoring of ESG performance.

To meet increasing stakeholder demand, some businesses are moving beyond the standard ESG approach and are based on the SDGs which offer a realistic framework for ESG mapping at a higher level and can help to increase the adoption of sustainable investing, encourage responsible corporate behavior, and integrate sector and business specific ESG factors with broader social issues and global environmental goals. Long-term value development for business and society is the goal of ESG-based investment decisions.

This is a natural fit with the SDGs, which were founded on globally shared values, social expectations, and a sustainable and inclusive approach to economic growth and well-being. SDGs are global goals set out by the United Nations, whereas ESG is a rating system used by companies to measure their environmental and social credentials.

RelatedNews

DNV: How can India achieve a sustainable maritime ecosystem

Saving the oceans with blue economy: Key initiatives

Although they are non-binding, the SDGs provide a list of targets that can really help the private sector construct their plan of action. Main points of the SDGs are human well-being, sustainable economies, education and equality, innovation, decarbonization and energy, and environmental protection. The Goals monitor progress and can ensure accountability of all companies, enclosing all aspects that concern ESG indicators.

ESG factors can be roughly translated to SDGs on the corporate level as unique parts of ESG considerations can be assigned to all 17 goals. Businesses can utilize multiple strategies to align with the SDGs, including assessing, mapping, and setting goals, strategic integration and collaboration, and reporting and communication. The SDGs provide a wide range of chances for businesses to make a difference, with 169 specific aims. Ultimately, organizations and investors who proactively focus on the SDG Agenda 2030 are likely to improve their ESG score and uncover new growth and development opportunities.

As we get closer to 2030, the shipping portfolios must be aligned with the climate goals, sustainable policies help with the decision-making, while published ESG reports reinforce transparency to the capital market. It is noticeable that the majority of shipping organizations mentions the SDGs in their public websites and ESG reports which demonstrates that the maritime industry has actively embraced sustainability supporting UNSDGs throughout its sectors.

Tags: ESGsustainabilityUN sustainable development goals

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

klaveness autonomous hull cleaning

Klaveness: Roll-out of semi-autonomous hull cleaning solution

February 2, 2023
equinor engie hydrogen

Equinor, Engie move forward with hydrogen project in Belgium

February 2, 2023

SEAFiT Poll

What is the biggest obstacle for the social life onboard?

Stay tuned for the results!

MARITIME EVENTS

Explore

  • Safety
  • Green
  • Smart
  • Risk
  • Others
  • Events
  • Plus

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Contact

RISK4SEA Facts

Did you know the port with the most detentions for 2020 in General Cargo? Novorossiysk (Russia) with 36 detentions in 312 inspections.

Learn more risk4sea.com

© 2021 SAFETY4SEA

No Result
View All Result
  • Safety
    • Alerts
    • Accidents
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Opinions
    • Career Paths
    • Industry Voices
    • Maripedia
    • Maritime History
    • Seafarers Stories
    • SeaSense
  • Events
  • Plus

© 2021 SAFETY4SEA

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Disclaimer.