Tag: ESG

Greenwashing -the practice of companies making false or exaggerated claims about their environmental credentials in order to build a sustainable brand image- is nothing new. But what does this mean as sustainable finance and ESG investing are gaining more and more ground in shipping and beyond?

The geopolitical uncertainty brought by the Ukrainian war, the continuous disruption post-COVID, and the escalation of climate change effects have pushed business leaders to put a greater focus on their sustainability agendas, according to the 12th UN Global Compact-Accenture CEO Study.

HMM Co., South Korea’s container shipper has signed an agreement with marine waste management company Foresys to establish a circular environment system using discarded mooring ropes. HMM generates about 20 tons of waste from worn-out mooring lines every year, which have been sent to landfills or incinerated as waste.

The second day of the GreenPort Congress delved into a range of topics including ESG (environmental, social, corporate governance), green finance, multimodal supply chains, decarbonisation regulations and projects and digital tools.

Skuld has announced its membership of the Maritime Anti-Corruption Network (MACN).The network has more than 180 member companies who own or operate commercial vessels or are part of the maritime value chain.

Over the past six months, financial firms in the United Kingdom and the European Union have faced significant pressure to comply with diverging environmental, social, and governance (ESG) rules, according to KPMG's Regulatory Barometer, released on Monday.

Academics at Cardiff Business School analysed UK-wide employee data to assess the impact of performance-related pay and concluded that performance-related pay is an important but overlooked factor behind the the gender pay gap.

In our special column this month, we are pleased  to host an interview with Mr. Matthew Stephenson, Senior Manager Investor Relations and ESG, Port of Newcastle, who is excited to work on topics related to ESG and maritime decarbonization. 

The ESG Playbook for shipping covers concrete recommendations on how to identify focus areas that generate value, set targets, implement best practice initiatives, and ensure organizational readiness.

Mrs Maria Polakis, Former Lead of Blue Sky's Finance Commercial & Chartering Workstream, explains what role the Blue Sky Maritime Coalition plays to support sustainability and promote maritime decarbonization