Britannia P&I publishes sustainability report template

Feb 07 2022


Having published its own inaugural sustainability report in 2021, Britannia P&I has created a template for its Members and other shipping companies to use as a guide to help them develop their own sustainability reports.

The topic of sustainability reporting and the qualitative requirements of financial institutions and regulators, both global and regional, is a fast developing area and an issue of growing strategic importance for many maritime companies, including Britannia’s Members.
 
It became apparent in Britannia’s discussions on this issue with its membership that there were varying views on the approach that should be taken to sustainability reporting. This is particularly so in relation to content, target audience expectations, regulatory requirements and alignment with bodies such as the Task Force on Climate-Related Financial Disclosures, Science Based Target Initiative, International Sustainability Standards Board, UN Sustainable Development Goals (SDG) and UN Global Reporting Initiative.
 
Therefore to assist Members and the wider industry, Britannia has published a sustainability report template. This is intended to assist those companies just starting their sustainability reporting process and can be downloaded from the Britannia website.
 
The template is intended to be used as a guide to the issues on which Members and other companies might consider reporting, recognising that every company is different and certain issues will be more relevant depending on each company’s individual circumstances.
 
Commenting on the publication of the sustainability report template, Andrew Cutler CEO of Britannia P&I said, “After publishing our first Britannia P&I Sustainability Report last year, we felt we could share some of our learning from this process and that is why we have developed a report template to assist our Members in their own sustainability reporting. By making the template available to all the industry on our website, we are aligning with our own declared commitments in our sustainability report under UN Sustainable Development Goal 17, ‘partnership for the goals’.”
 
Richard Sadler, sustainable business consultant at Britannia P&I, who led the development of the report said, “The template will help guide those Britannia Members, and others, who want to produce a sustainability report and we would be happy to clarify any questions on the template itself, although the preparation of reports will be down to individual companies and their own circumstances. We would also welcome comments on the template itself so we can use these to inform future versions.”

 



Related News

MAN Energy Solutions makes agreement with STX

(May 12 2022)

MAN Energy Solutions has signed a cooperation agreement with STX Heavy Industries Co., Ltd., to deliver its three EEXI (Energy Efficiency eXisting ship Index) solutions to MAN B&W-branded low-speed engines manufactured by STX HI.



Thun Tankers orders two resource efficient coastal tankers

(May 12 2022)

Thun Tankers have placed an order for two 7999 mts dwt tankers. The ordered “R-Class” vessels are a further development of Thuns’ existing vessels. Focus on resource efficiency, environmental responsibility and logistical reliability has been key in ...



New booster pump: A solution for the future

(May 12 2022)

The NMB200F booster pump has been made for a future where high-pressure suction solutions must be available for VLGC and VLECs.



Furetank releases the very first sustainability report

(May 12 2022)

We are proud to release the very first Furetank sustainability report, summing up all of our green efforts during 2021.



Svanehøj to supply pumps for Northern Lights CO2 carriers

(May 05 2022)

The Danish marine pumps specialist has been awarded a contract to supply pump systems for two CO2 carriers that will transport liquid CO2 to the Northern Lights storage facilities in Norway.



June July 2022

SIRE 2.0 - OCIMF and Columbia Ship Management perspective; seafarer mental health; EU ETS costs; 33 years after Exxon Valdez; resolving BWTS problems