Will the transparent evidence requirements of ESG disrupt the shipping industry?

July 21, 2021 EcoVadis EN


So far shipping has been able to skirt around the edge of the disruption that ESG could be about to bring upon the main stakeholders. The industry has yet to really to get to grips with it, especially the societal element, argues Frank Coles.

While corporate social responsibility (CSR) is about accountability in the business itself environmental, social and governance (ESG) goes much further; it is about evidence and metrics. It provides for evidence and transparency related to the stakeholders and business objectives. ESG also places a responsibility on a company to ensure compliance in the supply chain and business partners it does business with.


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EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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