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.
| 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. |
More About Our ESG Activities
Learn more about our commitment to sustainability.
