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Today, the shipping industry is falling behind
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in the global race for sustainability.
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Only 46% of the largest companies have committed
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to ESG targets, such as net-zero emissions by 2050.
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The outlook is clear.
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Ignoring the green transition is not an option.
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The landscape is changing and generating pressure to act.
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Those who do act will benefit from this opportunity.
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The industry is shifting.
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Regulators and customers are
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and will hold us more accountable
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across environmental, social, and governmental practices.
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Given the change, we knew
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that we at Navigator Gas needed to take a step forward
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and address ESG with a holistic
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and structured approach that would allow us
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to reach our sustainability goals.
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But we faced the question many shipping firms face
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of how to get started.
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We must understand that performing well
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on sustainability is not just a positive differentiator.
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It is increasingly becoming tomorrow's license to operate.
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First movers have a real opportunity
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to reach longer-term exclusive agreement with suppliers,
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to set industry standards
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and develop ingrained relationships
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with customers and investors.
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The playbook we have developed with BCG
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with the intent to provide guidance on exactly that
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and to help ship-owners across segments develop a focused
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and actionable ESG strategy.
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We hope that by providing this guidance,
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we can make it easier for more companies
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in developing solid ESG strategies with clear,
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ambitious targets and supporting actions.
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It is developed to assist
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in diagnosing your current state,
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defining focus areas from an array of best practices,
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and setting commitments and developing initiatives,
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ultimately helping accelerate your ESG journey.
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It has been tried and tested by our teams,
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giving us the confidence that this really
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is the solution that can move the needle for your company.
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From the collaboration with BCG
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and the Mærsk McKinney Møller Center
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for Zero Carbon Shipping,
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we were able to reach a major milestone
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in our ESG journey.
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Their approach has been key in developing a clear roadmap
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across initiatives and targets.
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From this joint effort,
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our organization is equipped to reach our decarbonization
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and sustainability commitments.
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We believe that change is possible
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and we have created the approach to help you make it happen.
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Now is the time to lead, not lag.
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Get involved and learn more on how to make this possible.
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(pensive music)