Our Corporate Responsibility
G2 Ocean is committed to being a sustainable and responsible company and our actions are always grounded in our vision ‘Pioneering Sustainable Shipping Solutions’.
In 2019 we adopted the following UN Sustainable Development Goals as strategic focus areas for G2 Ocean:
Goal 8: Decent work and economic growth
Goal 12: Responsible consumption and production
Goal 14: Life below water
Goal 9: Industry, innovation and infrastructure
Goal 13: Climate action
Goal 16: Peace, justice and strong institutions
The Three Pillars of Sustainability
In G2 Ocean, we focus on sustainability across three mutually reinforcing components:
Reducing our environmental impact
As a responsible shipping company, we are committed to doing our part in reducing greenhouse gas emissions from our operations.
G2 Ocean’s impact on the climate and the environment is mainly related to fuel consumption.
We recognise our responsibility to protect the environment for future generations and are committed to reducing our carbon footprints.
To improve our environmental impact, we have initiated several projects, including:
Monitoring and reporting on our greenhouse gas emissions
Monitoring our fuel efficiency
Optimising vessel routing, speed, and engine load
Establishing waste management practices, focusing especially on plastic consumption
Completing hull and propeller cleaning
Using new technology to reduce greenhouse gas emissions
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:
Developing our employees’ skillsets for the future
Strengthening our high-performance culture
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
To further grow our business, we have implemented several initiatives, including:
Innovating and digitalising our services, processes and systems
Growing our project cargo services
Expanding our services into new geographical areas
Cooperating with customers and suppliers to introduce new solutions to the shipping industry
Promoting transparency and working actively with anti-bribery and anti-corruption
Our Responsible Business Practises
Click the plus icon to learn more about the specific policies and procedures.
Code of Business Ethics
Our Code of Business Ethics expresses principles to follow in terms of business practices, relations with business partners, anti-corruption, confidentiality and more. Click here to read the Code of Business Ethics.
G2 Ocean has implemented Behavioural Principles in the workplace. The Principles are developed together with our employees and are desired principles and values that shall apply to all employees. Click here to view our Behavioural Principles.
Supplier Code of Conduct
At G2 Ocean, we set high ethical and environmental requirements for both ourselves and our suppliers. All our suppliers must commit to our Supplier Code of Conduct, and it is expected that applicable laws and regulations are adhered to. Click here to read our Supplier Code of Conduct.
Our whistleblowing policy ensures that illegal or unethical activities are reported, and reputational harm is avoided. We also work with an external whistleblower supplier to give employees a platform to raise concerns, without revealing their identity. Click here to read our Whistleblowing Policy.
Human Rights and Decent Work Conditions Policy
As part of G2 Ocean’s commitment to treating people with dignity and respect, the company has adopted a Human Rights and Decent Work Conditions policy.
The policy sets out the principles and standards of G2 Ocean to prevent the business from having a potential or actual negative impact on basic human rights and decent working conditions.
Click here to read our Human Rights and Decent Work Conditions Policy.
At G2 Ocean, we are committed to providing fair and equal opportunities for all employees. We have a zero-tolerance for workplace harassment and do not accept any form of discrimination.
We aim to ensure that employees and job applicants are recruited, selected, trained, and promoted based on their experience, competence and skills in line with their job description.
Click here to read our Equal Opportunities Policy.
Anti-Bribery and Anti-Corruption
We are opposed to corruption in all forms and are committed to conducting business in accordance with the high ethical standards reflected in our Code of Business Ethics and ABC Policy.
In recognition of this commitment, we have implemented a comprehensive programme to prevent corruption in our business activities.
The programme includes policies and procedures applicable to all G2 Ocean employees. It also involves the resources and tools that are available within G2 Ocean, such as risk assessments, training of employees, reporting tools and partnerships such as the Compliance Forum and our collaboration with the Maritime Anti Corruption Network (MACN).
Click here to read our ABC Policy.
G2 Ocean’s Anti-Trust policy is intended to give the management and all employees an understanding of the general principles of anti-trust law in order to avoid situations that are illegal under the anti-trust rules and to recognize those situations where legal advice has to be sought before an agreement is entered into or an understanding reached.
Click here to read our Anti-Trust Policy.
Acknowledgements and partnerships
In 2021, G2 Ocean was awarded the Gold medal by EcoVadis for the second consecutive year for its performance in Corporate Social Responsibility (CSR), with a score of 71/100.
EcoVadis assess policies, procedures, actions and measuring systems of more than 85,000 companies worldwide. Only five per cent of the companies evaluated by EcoVadis met the qualifications for a Gold Rating.
The Blue Circle Award
In 2020, G2 Ocean received the Blue Circle Award for the fourth consecutive year for its efforts to help maintain and protect the natural environment in and around the Port of Vancouver, Canada.
G2 Ocean has been a member of the Maritime Anti-Corruption Network (MACN) since 2017. Together with 138 other member organisations, and specifically the Dry Bulk Working Group, we work actively towards the vision of a maritime industry free of corruption.