Tag: Environmental Social Governance (ESG)

Danish Shipping’s has launched an ESG-network to addresses the pressing need for collaboration and knowledge sharing within the shipping industry regarding sustainability reporting.

As the International Chamber of Shipping (ICS) explains in their Leadership Insights newsletter story, Environmental, social and governance (ESG) performance is quickly becoming a differentiator in the maritime job market. 

ERMA FIRST has become a signatory of the EU Mission Charter targeting the protection and restoration of regional waters by 2030.

Rather than parroting pledges on ESG, maritime employers could key into advanced thinking on recruitment and training to overcome shipping’s worsening seafarer shortage, says Yogesh Pasrija, Acting Global Head of Crewing, of leading ship manager Wallem Group

Entered into force on 1 July 2022, the Norwegian Transparency Act focuses on requirements for 'larger' businesses to adopt measures aimed at safeguarding human rights, both in their own operations and across value/supply chains, Vincent Gustavi, Skuld's Chief Compliance Officer explains.

Lloyd’s Register (LR) has awarded Approval in Principle to Nantong COSCO KHI Ship Engineering Co Ltd (NACKS) for an 81,000 DWT Kamsarmax bulk carrier.  

The American Bureau of Shipping (ABS) has published the ABS ESG Blueprint report that builds upon the work ABS is doing to support clients in their sustainability reporting and assurance journeys.

Sustainability and communications consultancy Woodrow has published a report showing that 64% of senior finance professionals in the UK are contemplating reducing their investment in the maritime sector because of Environmental, Social, and Governance (ESG) risks. The study offers insights into how ESG considerations are impacting decisions in capital markets.

In their latest survey, Diversity Study Group (DSG) explored interesting indicators regarding diversity, equity and inclusion (DEI), and found strong links between diversity and good leadership in shipping.

Amidst a rising demand, the challenge of securing a sustainable workforce has intensified. For the maritime industry to thrive long-term, it must find solutions to address crew recruitment and retention challenges, argues Mimi Schuppler, VIKAND's Director, Engagement & Human Sustainability.