Tag: sustainability

A growing awareness of the importance of environmental sustainability has brought a subsequent increase in sustainable finance, highlighting that economic activity needs to reflect environmentally sustainable solutions. But what does “sustainable” mean and what is the role of regulation in helping this “sustainable” finance?

Mr. Christophe Tytgat, Secretary General, SEA Europe, highlights key actions needed for the shipbuilding industry in order to remain resilient and competitive. Among others, it urgently needs a ‘true maritime industrial strategy’ that will support digitalization, automation, and autonomy of the ship as well as of the ship production process.

Georgia Ports Authority (GPA) is the newest participant in Green Marine, a voluntary environmental certification program for North America’s maritime industry.

In cooperation with Leviathan GmbH, German Naval Yards welcomes the first ship that is to be recycled 100% sustainably for the first time. Parts of the ship will be transformed into works of art.

Proman Stena Bulk, a joint venture (JV) between global methanol producer Proman and Stena Bulk,  confirmed that the first methanol-powered newbuild vessel under its partnership has been delivered and is preparing for commercial operation.

McKinsey published its 2021 ESG Report, presenting a framework that outlines specific ambitions and actions that will enable the world to accelerate sustainable and inclusive growth.

Global discussions have been increasingly emphasizing on the need for countries and businesses to become “carbon neutral”, as a key pathway to limit global warming in line with the Paris Agreement. But what does this “carbon neutral” mean exactly? And how can it help preserve the world as we know it for the generations to come, considering that we have lost 50% of all marine life over the last 70 years?

On the occasion of World Oceans Day on 8 June, AMSA reminded that marine litter presents a huge problem in our oceans. Plastic pollution results in harmful effects on marine life and biodiversity, as well as negative impacts on human health, tourism and fisheries.

SAFETY4SEA “Shipping ESG500 Survey” sets out an index illustrating the progress that ESG (Environmental, Social, Governance) has made so far within the maritime industry, revealing that industry’s ESG performance stands at 49.1%. With slow but steady steps, the figure shows that the industry is on the right track for embracing ESG strategies.

Materiality Matrix enables an organization to define which ESG (Environmental Social Governance) initiatives are worth to invest in.