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SAFETY4SEA ESG Climate Survey: Industry needs to focus on the three ESG dimensions equally

Although the Environmental related issues seem to be well cared by shipping organizations to successfully achieve the green transition; Society and Governance need to be appropriately integrated into the industry’s policies. However, the industry is not giving much priority to the Governance parameter, giving ground mainly to the “E” and “S” of ESG, the SAFETY4SEA ESG Climate Survey revealed.

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Allianz Safety and Shipping Review 2022

Shipping continued its long-term positive safety trend over the past year but Russia’s invasion of Ukraine, the growing number of costly issues involving larger vessels, crew and port congestion challenges resulting from the shipping boom, and managing challenging decarbonization targets, means there is no room for complacency, according to marine insurer Allianz Global Corporate & Specialty SE’s (AGCS) Safety & Shipping Review 2022.

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