All in compliance
Have you ever been in a situation where you needed help figuring out where to start with a rather complex topic? ESG is just one of the vast topics that can be daunting. The IG River Cruise, the Leading European River Cruise Association, has talked about this issue by providing a voluntary roadmap on how to go about the structure and research on this topic.
In 2018/19, signatories agreed to the self-obligation of reducing Greenhouse Gas Emissions through sustainable vessel financing. The leading financial institutions agreed to a framework called the “Poseidon Principles”, which assesses and discloses the climate alignment of ship finance portfolios. In 2021, 18 financing banks had agreed and signed the principles, whilst several leading shipping companies such as Maersk, Cargrill, and Eurovan were involved in developing the reporting standards.
Whenever we talk about standards, one has the stigma of restriction, stagnation, and boundaries in mind. But is that really the case? We simply argue with NO!
There are many bodies and institutions around the world that write and publish standards. But there are few who have understood the concept of the 17 Sustainable Development goals and how they can impact them through standardization. ISO, the International Organization for Standardization with its headquarters in Geneva, Switzerland, have understood just that purpose.
Established in 1994, the Green Award was first launched as a safety and environmental program for shipping. The Foundation, which is based in Rotterdam / Netherlands, is governed by representatives of the maritime industry and has been awarded the Heyerdahl Award in 2001 for its efforts in supporting sustainable development.
The global race for reducing CO2 Emission is on. The United States has pledged to zero-emission by 2050, with the power generation sector supposedly reaching this goal in 2035. China has also pledged to achieve zero-emission by 2060. Why ten years later? Simply because in Asia and globally, China is one of the biggest emitters of CO2, and it will probably take longer to change practice.
Now, does safety training need to be boring? Not at all. Safety training can be fun and well designed, but their are some basic rules that you need to follow. Watch the following video, look at the consistency of this hilarious presentation.
