The future is marked by climate change-related extreme weather, biodiversity loss and resource shortages, bringing operational and regulatory challenges that we must navigate.
Energy performance and climate resilience are our key objectives as we manage our footprint across our operations. Through data-led decision making, efficient technologies and targeted investment in alternative fuels, we are strengthening resilience on board and onshore. From operational innovation and LEED-certified workplaces to future-fuel readiness and industry partnerships, our approach is focused on building a more efficient, adaptable and lower-carbon business for the long term.

Understanding the implications of climate- and nature-related risks and opportunities is central to how we manage our long-term business resilience. Our analysis is conducted with reference to IFRS S2 Climate-related Disclosures and the TNFD framework, informing how we assess risks, prioritise action and strengthen governance across our fleet and operations.
Read more in our Responsibility Report.
• Reduce ship GHG emission intensity by 30% from 2008 baseline and 20% from 2022 levels by 2030
• Equip 100% of fleet with energy-saving devices by 2030
• Achieve a 5% low-emission fuel mix by 2030
• Train 20% of superintendents and 25% of seafarers on low-emission fuels by 2030
• Target a 2% reduction in total GHG intensity for ships each year.
• Conduct a climate-related risk assessment to address the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) by 2025.
• Collect consistent energy consumption data in offices and implement an energy reduction plan in 2024.
An important part of managing our environmental impact involves the effective oversight of resources and waste. Our actions in these areas impact the livelihoods and overall health of our stakeholders. Our main focus in managing materials and waste is to ensure responsible procurement and consumption taking into account impacts on water quality, biodiversity and resource depletion.
• Establish recycling and waste management systems across all offices and eliminate single-use plastics
• Achieve a sustained reduction in managed ship waste, with increasing proportion landed ashore
• Achieve zero oil pollution incidents
• Achieve LEED Gold or above for all new offices
• Install reverse-osmosis (R-O) type purification units on all owned ships by 2024.
• Engage suppliers to remove excess packaging from items consumed on ships.
• Comply with the Ballast Water Management Convention (BWMC) to have BWTS installed on all vessels by 2024.
Understanding Climate-and Nature-related Impacts
To understand the implications of climate- and nature-related risks and opportunities on our company’s business activities, we conducted an analysis aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and the Task Force on Nature-related Financial Disclosures (TNFD). This marks the company’s first step towards integrating climate- and nature-related considerations into financial and strategic decision-making. It also lays the foundation for expanding the oversight of our governance bodies, guiding more informed, resilient stewardship. Read more about our analysis in the Responsibility Report.

Our significant role in the maritime industry, which accounts for 3% of global GHG emissions, drives our commitment to meaningful environmental change.

Advancing Our Climate Transition Strategy
The energy transition is reshaping shipping, and we are positioning ourselves to adapt and lead the change. Through operational efficiencies, alternative fuels, emerging technologies and industry collaboration, we are advancing practical solutions that support decarbonization while maintaining performance. From ammonia readiness and biofuel adoption to carbon-capture pilots and AI-driven efficiencies, our Climate Transition Strategy is helping build a more resilient, lower-carbon future for maritime transport.
Download our latest Responsibility Report.







