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We Reclaim Sustainability By Broadening Its Maritime Scope

Ocean health

Maritime transport depends on a healthy ocean. In fact, all of humanity depends on a healthy ocean. Deteriorating ocean health means a whole set of new risks impacting maritime stakeholders. Warmer climate is already causing more dangerous weather events at sea, but an ocean in distress can create more refugees, more pirate attacks, more fight over resources; the list is long.

Any maritime stakeholder across the extended value chain of shipping can have direct, or indirect, impact on the ocean. Exploring where these touch-points meet, new areas for risk mitigation or seizing of opportunity, can be identified. By taking a broader approach to sustainability, we help you explore how ocean health can have impact for you and your business, and how you can have positive ocean impact.

MARITIME ENERGY

Maritime transport will decarbonise. The International Maritime Organisation and its signatory States have agreed a completion date at the latest by 2050. There is progress towards this goal, but it is not happening at the speed many believe will be necessary.

Decarbonised shipping is not something that impacts the industry in isolation. It will happen in parallel to many other industries seeking to find solutions to climate change. A systemic change, which will also impact how the world defines value. By taking a broader approach to sustainability, we help you explore what steps you can take already today, and how you can have strategic foresight in the game-changing future which is coming.

MARITIME PEOPLE

The life at sea is one full of hard work, responsibilities, and challenges. It is also one full of camaraderie, of unique experiences from all corners of the world. The Agenda 2030 for Sustainable Development, adopted by all United Nations Member States in 2015, defines 17 goals for sustainable development. Several of these approach topics which have important impact to workers at sea: Quality Education, Gender Equality, Decent Work & Economic Growth are such examples.

In an increasingly volatile and ambiguous world, our people at sea have an increasingly important as well as difficult role to play. By taking a broader approach to sustainability, we help you explore the urgencies and opportunities for attracting and retaining the very best people, unlocking truly sustainable shipping.

SHIPPING COMMUNITIES

Ocean trade has connected humanity for several thousands of years. Without it, we would all be much worse off. Global ocean transport has lifted regions out of poverty and has a central place in most economies. In the forthcoming energy shift, and in the search after cleaner and more circular business models, port cities can become strategic collaboration partners for shipowners, charterers or operators. Negative operational impact can be turned into positives, and clusters can find new ways to share risk, which also benefits people and communities impacted by shipping trade.

By taking a broader approach to sustainability, we help you identify pathways for shared impact, and for solving bigger problems together.

transparency & anti-corruption

In today's market, most shipowners earn more from the trading of their assets, than of providing of the transport service. Opaque structures have sometimes prevailed, as a consequence. Innovation in shipping digitalisation has enabled transparency across the industry, challenging old structures. Greener options drive investments, and with that follows unfortunately new complexities of greenwashing and greenhushing. Staying clear of such structures is increasingly complex when technology development moves faster than regulations.

By taking a broader approach to sustainability, we help you explore opportunities for more openness, and provide pathways for navigating the “greenery”.

Maritime finance

In the current environment, shipowners seeking finance for new vessels start to see the impact from ESG requirements. With Poseidon Principle as an example, the finance environment will eventually have to focus beyond a ship's carbon footprint, and assess creditworthiness from a broader sustainability perspective. This means, for instance, that the industry could expect to have to provide verified double materiality assessments to their financiers, as well as transparent bookkeeping and sustainability reports void of greenwashing.

By taking a broader approach to sustainability, we help you identify ESG risks and opportunities, today and in the future. We help you make value based decisions for your investment portfolio, for the longterm health of your business, and of our planet.
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