Topics of Materiality and Alignment

Supporting the United Nations Sustainability Development Goals

The UN SDGs represent an opportunity to put the world on a sustainable path and we are increasingly integrating the underlying guidance into our decision-making and investment processes. While we support all 17 SDGs, we believe that our actions will have the most significant impact on the following five SDGs:

Goal 3: Good health and well-being
Goal 7: Affordable and clean energy
Goal 8: Decent work and economic employment
Goal 13: Climate action
Goal 16: Peace, justice and strong institutions

The table below shows how we have mapped our material topics to these five UN SDGs.

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Topics reported	GRI Topic Standards	UN SDGs	What they mean
Greenhouse gas emissions	GRI 305 Emissions	7,13	Activities from the maritime sector contribute to global greenhouse gas emissions. There is an urgent need to decarbonise, and we strive to meet IMO targets as soon as possible.
Ecological impacts	GRI 304 Biodiversity		Large oil spills and poor ballast water management can have substantial and long-term adverse effects on ecosystems. Hence, we implement measures to prevent incidents and to avoid, reduce or mitigate any direct impacts.
Safety	GRI 403 Occupational Health and Safety	3,8	There are inherent safety and security hazards associated with maritime operations that must be properly handled to protect our crew and the fleet. As such, we continue to strive for zero harm.
Training and development	GRI 404 Training and Education		To remain relevant and up to date with changes in our industry, we must quickly adapt and grow our employees’ skills and abilities to address new business challenges. Hence, we continue to prioritise and invest in employee development to ensure BW Epic Kosan’s longterm development and success.
Business ethics	GRI 205 Anti-corruption	16	We uphold the highest ethical standards and conduct our business in compliance with all applicable laws and regulations. Any non-compliance can result in severe financial penalties and reputational damage.
Cybersecurity	Non-GRI Topic	16	Cybersecurity threats in the maritime shipping industry have a huge potential to affect the safety of the crew, vessels and cargo. Failure to handle cyber risks may result in negative impacts on our operations and cause financial consequences for BW Epic Kosan.
Economic performance	GRI 201 Economic Performance	8	A strong economic performance is key to building a resilient business. It is important to prioritise the distribution of sustainable economic value to our stakeholders.
Non-material Topic: Diversity and equality	GRI 405 Diversity and Equal Opportunity	8	Employees are the driving force behind the success of our business, and it is important to attract and retain the best talent who share our values and business objectives. This can be achieved by building and maintaining a diverse and inclusive workplace environment to enhance employee engagement.
Non-material Topic: Community engagement	GRI 413 Local Communities	8	As a socially responsible organisation, we are committed to delivering value for our stakeholders while creating sustained impacts in the communities in which we operate.

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More About Our ESG Activities

Learn more about our commitment to sustainability.

Sustainability

We play a vital role in supplying the world with LPG, a cleaner-burning and versatile fuel.

Environment

BW Epic Kosan plays a key role as an industry leader in safely and efficiently delivering cleaner-burning energy.

BW Epic Kosan Crew in front of BW Epic Kosan's LPG Carrier

Social

With a workforce of more than 1,800 people, our prime responsibility is to provide a safe operating environment.

Policies & Guidelines

We conduct our business with high ethical standards and in compliance with relevant laws and regulations.

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Jakob Bode announced as new CEO of BW Epic Kosan

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Topics of Materiality and Alignment

Supporting the United Nations Sustainability Development Goals

More About Our ESG Activities

Sustainability

Environment

Social

Policies & Guidelines