Urgent.News

What's breaking now, across thousands of outlets.

Business

Contship presents its first Sustainability Report: a new milestone in the Group’s ESG journey

Contship presents its first Sustainability Report, covering the 2025 fiscal year and prepared with reference to the Global Reporting Initiative (GRI) standards. The report details the company’s key performance metrics and its environmental, social, and governance impacts, providing an overview of the initiatives undertaken and the results achieved, as well as defining a framework for ...

Contship has unveiled its inaugural Sustainability Report, which covers the 2025 fiscal year and adheres to Global Reporting Initiative (GRI) standards. The report outlines the company's key performance indicators, environmental, social, and governance impacts, and outlines future strategies. This milestone follows the launch of Moves That Matter, Contship's initial sustainability strategy, which was based on a double materiality assessment and stakeholder engagement.

The strategy is organized around three key pillars: Climate Action, Empowered People, and Responsible Leadership. Climate Action involves accelerating the decarbonization of operations, boosting operational efficiency, and bolstering resilience to climate change. In 2025, Contship achieved an 11% reduction in greenhouse gas emissions and ensured 100% of its electricity needs at La Spezia and Melzo terminals were met through renewable sources.

The company also committed to the Science Based Targets initiative to establish emissions reduction goals aligned with climate science. Empowered People focuses on fostering a fair, inclusive, and diverse workplace, offering continuous development opportunities, and contributing to local community development. In 2025, Contship provided over 13,800 hours of training, including a "Climate Fresk" workshop for managers.

The company also strengthened its diversity and inclusion initiatives and established a Community Committee. Responsible Leadership encompasses ethical business practices, robust governance, responsible supply chain management, and transparent decision-making. Contship introduced a standardized Group-wide Code of Ethics and established an ESG Board to oversee ESG matters and ensure their integration into governance processes.

The company also joined the United Nations Global Compact to uphold international corporate responsibility principles. CEO Matthieu Gasselin and ESG Manager Denise Sofia emphasized the importance of sustainability in Contship's long-term resilience, competitiveness, and value creation across the value chain.

Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at hellenicshippingnews.com →

More in Business

Berg Propulsion opens dedicated office in Mumbai in strategic commitment to growing Indian market

Berg Propulsion is set to open its own office in Mumbai, in an expansion of its global network which reflects its growing participation in shipbuilding projects across India.

  • Berg Propulsion opens Mumbai office in 2027 to grow Indian market.
  • Amrita Singh and Prasenjit Roy lead office, with successful tug projects.
  • Focus on propulsion sector, green solutions, and local talent development.

Shipping Technology launches ST Sailing Pro, adding automatic propulsion control to conventionally powered inland vessels

Shipping Technology has launched ST Sailing Pro, an extension of its ST Sailing track pilot that now not only controls a vessel’s steering, but also its propulsion.

  • ST Sailing Pro adds automatic propulsion control to inland vessels
  • System calculates optimal course and engine power in real-time
  • 15% total fuel savings achieved, with 10% from initial voyage

More from Thursday 17 September →