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2024 ESG Policy

Abstract

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.