G2 Ocean releases 2020 Sustainability Report
G2 Ocean continues to reduce its operational emissions. In 2020, the company cut its carbon, sulphur dioxide, and nitrogen oxide emissions by 3.5, 77.8 and 5.4 per cent, respectively.
On 4 October, G2 Ocean released its 2nd annual Sustainability Report, providing an overview of the company’s environmental, social and governance (ESG) performance in 2020.
In a year dominated by the impacts of the global COVID-19 pandemic, G2 Ocean continued to deliver on key targets within its long-term strategy, ensuring continuity and minimal impact to customers and industry partners.
“Our achievements in 2020 would not have been possible without the tremendous support and efforts of our staff, suppliers and vessel crew. Committed to working together, we stayed true to our customer-centric strategy, delivering reliable, innovative, and sustainable shipping solutions around the world,” Chief Executive Officer Arthur English says.
Emissions reduced
Sustainability is embedded in G2 Ocean’s strategy, and the company is committed to long term value creation inspired and guided by the United Nations’ Sustainable Development Goals.
The 2020 Sustainability report describes how G2 Ocean works with its most material sustainability impacts and provides insights into the company’s performance within these.
In 2020, G2 Ocean reduced its carbon, sulphur dioxide, and nitrogen oxide emissions by 3.5, 77.8 and 5.4 per cent, respectively, compared to 2019 levels.
“While we are making progress, we acknowledge that we still have a long way to go towards decarbonization of shipping. Together with our owners, Gearbulk and Grieg Star, we are a committed partner on that journey,” Arthur says.
Key Highlights
Other highlights of the 2020 Sustainability Report include:
New digital platform launched
As a major step towards improving customer service, G2 Ocean launched a digital platform for its customers, MyG2, in November 2020. Learn more about MyG2 here.
Gold Sustainability Rating
In 2020, G2 Ocean was awarded the Gold medal by EcoVadis for its performance in Corporate Social Responsibility (CSR), with a score of 71/100.
Zero personnel incidents
Thanks to our strong focus on safety, G2 Ocean did not experience any work-related personnel injuries among its employees, and no fatalities involving our operations were reported.
Record Blade Shipment
In collaboration with industry partners, we completed our first full voyage of wind turbine blades from China to the West Coast of the United States in 2020. Some of the blades measured 76.2 meters – which are the longest blades ever imported into any port in North America.
More information
- Selected Global Reporting Initiative (GRI) Standards have been used in preparing the 2020 Sustainability Report.
- To ensure transparency and accountability of our sustainability performance and impacts – whether positive or negative – and allow stakeholders to follow and compare yearly progress, G2 Ocean will continue issuing annual Sustainability reports.
- For more information, please contact Communications Manager Sigrid Bakken at sigrid.bakken@g2ocean.com.