Our Corporate Responsibility

G2 Ocean is committed to being a sustainable and responsible company and our actions are always grounded in our vision and behavioural principles.

In 2019 we adopted the following UN Sustainable Development Goals as strategic focus areas for G2 Ocean:

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Goal 8: Decent work and economic growth

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Goal 12: Responsible consumption and production

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Goal 14: Life below water

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Goal 9: Industry, innovation and infrastructure

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Goal 13: Climate action

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Goal 16: Peace, justice and strong institutions

The Three Pillars of Sustainability

In G2 Ocean, we focus on sustainability across three mutually reinforcing components: 

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Environmental Sustainability

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Social Development

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Economic Growth

Reducing our environmental impact

We recognise our responsibility to protect the environment for future generations.

G2 Ocean’s impact on the climate and the environment mainly relates to our fuel consumption, and together with our owners, Gearbulk and Grieg Star, we are committed to reducing our carbon footprints.

To improve our environmental impact, we have initiated several projects, including:

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Monitoring and reporting on our CO2, sulphur and nitrogen dioxide emissions

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Optimising our vessel scheduling

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Implementing zero-waste offices

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Completing hull and propeller cleaning

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Adjusting and planning for optimal vessel speed and engine load

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Recycling equipment, such as web slings

Developing our employees

Achieving our operational, financial, and sustainability targets could not succeed without empowering our people to find new and innovative ways to improve our services and processes.

We are committed to developing our employees, enabling them to perform at their best and create positive change across the organisation and in the communities we operate in. As an international company, we place a strong emphasis on diversity and inclusion, and we are always aiming to leverage the perspectives and opinions sourced from different cultures, backgrounds and experiences.

To improve our social impact, we focus on:

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Developing our employees’ skillsets for the future

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Strengthening our high-performance culture

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Enhancing our health and safety culture

Growing our business

Strong economic performance, along with social responsibility and environmental stewardship, is part of being a sustainable shipping company.

Our investments in new solutions and services to the shipping industry benefits the economy by:

  • Promoting economic growth
  • Creating value for our shareholders, partners, governments and society
  • Creating jobs and economic security

Driving economic growth also allows us to invest in our business and in new technologies to improve company-wide operational efficiency and environmental performance.

To grow our business and achieve economic growth, we have implemented several initiatives, including:

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Innovating and digitalising our services, processes and systems

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Growing our project cargo services

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Expanding our services into new geographical areas

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Cooperating with others to introduce new solutions to the shipping industry

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Promoting transparency and working actively with anti-bribery and anti-corruption

Acknowledgements and partnerships

G2 Ocean cooperates closely with partners worldwide to achieve sustainable development. Some examples include:

Ecovadis

For the second year in a row, the Sustainability rating company Ecovadis awarded G2 Ocean with their Silver rating for our environmental and social performance. In 2019, we were rated among the top three per cent of transportation companies with regards to sustainability and we climbed six points since the 2018 ranking.

The Blue Circle Award

The Blue Circle Award was given to G2 Ocean from the Vancouver Fraser Port Authority in 2018 and 2019. The award is given to the top shipping companies in the world to reduce air emissions and conserve energy in the city’s port.

CTPAT 

G2 Ocean was approved as a certified member of the Customs-Trade Partnership Against Terrorism (CTPAT) Program in 2018. CTPAT focuses on improving the security of private companies’ supply chains to reduce the risks of terrorism and membership is required by many US customers. After comprehensive assessments and an on-site audit, the company was reapproved for the period 2019 – 2022.

MACN

The Blue Circle Award was given to G2 Ocean from the Vancouver Fraser Port Authority in 2018 and 2019. The award is given to the top shipping companies in the world to reduce air emissions and conserve energy in the city’s port.