North American Marine Environment Protection Association (NAMEPA) recently launched a CSR/ESG (Corporate Social Responsibility/Environment, Social, Governance) program for the maritime industry.
Through the program, shipping companies, maritime organizations and individuals are awarded a “Maritime Sustainability Passport” (MSP) in case they meet the requirements of the platform.
In fact, the initiative encompasses the three pillars of CSR/ESG: corporate governance, environment and the human element.
For the records, the first company that got NAMEPA’s Maritime Sustainability Passport was Cargill, as it managed to successfully complete all three phases of the program, including supplying supporting documentation for its claims.
Cargill has made sustainable shipping a priority and an integral part of our business strategy. We are working with partners and other industry leaders to accelerate progress across the maritime sector, with a particular focus on decarbonization.
…said Jan Dieleman, Business Leader for Cargill Ocean Transportation.
Namely, Cargill’s submission was evaluated by a team of assessors to determine whether they met the criteria of the CSR/ESG program and were eligible to receive NAMEPA’s MSP Certificate and Seal.
Eventually, Cargill demonstrated to the assessors their eligibility to qualify for the Maritime Sustainability Passport.
NAMEPA identified the need to provide the industry with a standard guideline of expectations relating to a company’s efforts in CSR/ESG. We are pleased to provide this tool for the industry to support its efforts towards sustainability.
…said NAMEPA Chairman Joe Hughes of the American Club.
With an operating climate that is increasingly transparent, industry needs to match that transparency and demonstrate its commitment to core values contained in the CSR/ESG program. The program contains a set of standards plus a toolkit for achieving them.