2024 ESG Policy

04 April 2024
2024 ESG Policy

Our 2024 edition highlights some great achievements and incredible milestones on our journey to decarbonise the shipping industry. Having led the energy transition since 2018, our investments in green projects have allowed us to realise a 30% reduction in our fleet emissions intensity, achieving an Annual Efficiency Ratio (AER) of 3.6 g-CO2/dwt-mile, outperforming our emission intensity targets 2 years ahead of schedule. We also paved the way for an ambitious decarbonisation journey going forward, with a pioneer move on Ammonia and a new emission measurement framework, all of which are keeping us on track to eliminate 20 million tonnes of CO2 emissions.

Not forgetting that core to these achievements are our people. Impactful improvements to our Life at Sea programme further enhance our seafarers’ work and living conditions, ensuring that we reset industry standards and set new benchmarks in that aspect, closing the gaps in living standards between sea and shore. Our 6000-strong community continue to evolve driven by our sporting culture of excellence, in which we share through sporting engagements, achievements and contributions to the industry and beyond.

Click on the image below to read / download the 2024 EPS ESG Report.