Essar Shipping releases its 4th Sustainability Report
Mumbai: Essar Shipping Ltd (ESL), the integrated logistics solutions provider with investments in logistics services, sea transportation and oil field drilling services, today said it has released its 4th Sustainability Report titled “Strengthening and Creating a Sustainable Maritime Industry”. Capturing ESL’s performance in terms of impact on the environment, and social and governance initiatives for each of its business units, the report encapsulates all the activities undertaken to improve sustainability.
Capt L K Panda, Nautical Advisor to Government of India, Directorate General of Shipping, officially unveiled the 4th Sustainability report which has an A+ in adherence to the GRI G3.1 Guidelines. The event was graced by senior executives from various shipping institutions like Indian National Ship-owners Association (INSA), Directorate General of Shipping, Mercantile Marine Department, DNV-GL, Nippon Kaiji Kyokai , Lloyd’s Register , Indian Registrar of Shipping and Banking Institutions such as State Bank of India and State Bank of Bikaner & Jaipur Etc.
“Essar Shipping has a done a commendable job in maintaining its commitment to sustainability and publishing its 4th voluntary sustainability report. Its effort to continue to publish the report each year is an indicator of its pioneering spirit,” said Capt. L K Panda.
The report was prepared in-house, and was audited by DNV GL Business Assurance Pvt. Ltd as per the DNVGL Sustainability Standard. Commenting on the report, Umesh Grover, CEO, Indian National Ship-owners Association said, “The steps taken by Essar Shipping towards sustainability are definitely a road map for the others to follow, not only in India, but globally.”
While it is not mandatory for shipping companies to publish a sustainability report, Essar Shipping uses its sustainability reporting to establish a code of reliability. This benefits the company in terms of better recognition from customers and smoother sailing on the high seas, both from an operational point of view and from policy and regulatory stand point.
”From reducing emission levels on ships to the economic consumption of electricity in the offices, Essar Shipping has taken several initiatives towards a cleaner environment, and better governance and health, to create a sustainable industry. In addition to adding value to our business processes, the report plays a substantial role in strengthening the brand,” said Capt. Anoop Sharma, Whole Time Director & CEO, ESL, at the event.[/vc_column_text][/vc_column][/vc_row]