Climate Change Data

SLOMAN NEPTUN

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:211.253 mts CO2 (Scope 1, 2022)
Scope 1 Emissions:211.253 mts CO2e/year (2022)
Scope 3 Emissions:59.1 mts CO2e/year (2022)
Water Consumption:311 m3 (Office, 2022)

ESG Focus Areas

  • Climate Change
  • Environmental Protection
  • Social Responsibility
  • Governance
  • Supply Chain Sustainability
  • Human Rights
  • Diversity & Inclusion

Environmental Achievements

  • Reduced CO2 emissions by 13.3% compared to 2021 (Scope 1)
  • Reduced SOx and NOx emissions (monitoring started in 2022)
  • Reduced garbage (plastic and other) (monitoring started in 2023)
  • Replaced PET bottled drinking water with water dispensers on all vessels by the end of 2024
  • Improved hydrodynamic efficiency through hull cleaning, resulting in fuel consumption reduction of over 10% in some cases
  • Pilot project testing a new antifouling system to prevent marine growth without biocide release

Social Achievements

  • High employee retention rate (>95%)
  • No discrimination incidents reported
  • Implementation of a Safety and Performance Reward Program
  • Continuous improvement in employee satisfaction through open communication and regular feedback
  • Provision of additional benefits such as free internet, flexible contract duration, crew welfare, mental health support, and medical insurance

Governance Achievements

  • Implementation of processes to ensure compliance with applicable laws and regulations
  • Establishment of a complaint procedure for addressing grievances
  • Zero incidents of corruption or fraud reported
  • Regular review of stakeholders' needs and expectations

Climate Goals & Targets

Long-term Goals:
  • Contribute to a sustainable and climate-neutral transport of goods by ships
Medium-term Goals:
  • Develop a policy defining the company’s engagement for the local and regional community in 2023
Short-term Goals:
  • Reduce CO2 emissions by 5% annually
  • Reduce SOx and NOx emissions by 5% annually
  • Reduce plastic garbage by 10% annually
  • Reduce other garbage by 5% annually
  • Reduce incineration by 10% annually
  • Reduce pollutant chemicals and technical gases by 5% annually
  • Reduce office energy consumption by 5% annually
  • Transition to climate-neutral electricity and gas supply by the end of 2024
  • Implement an Environmental Performance Reward Program (EPRP) in 2023
  • Develop and implement sustainability criteria for suppliers in 2023

Environmental Challenges

  • Lack of qualified and experienced seafarers
  • Unplanned absences due to accidents or illnesses
  • Need to continuously improve compensation and benefits packages to remain competitive
  • Developing a supplier audit scheme covering social and environmental impacts
Mitigation Strategies
  • Recruitment of seafarers from various countries
  • Establishment of long-term corporations with several manning agencies
  • Emphasis on lifelong learning and talent pool development
  • Proactive countermeasures with safety measures and trainings on board
  • Continuous improvement of compensation and benefits packages
  • Development of a supplier audit scheme for 2023

Supply Chain Management

Supplier Audits: To be developed in 2023

Responsible Procurement
  • Requirement for suppliers to use environmentally friendly packaging and transport

Climate-Related Risks & Opportunities

Opportunities
  • Use of alternative fuels and new propulsion technologies

Reporting Standards

Frameworks Used: GRI, DNK

Certifications: ISO 9001, ISO 14001

UN Sustainable Development Goals

  • SDG 8
  • SDG 9
  • SDG 12
  • SDG 13
  • SDG 14
  • SDG 16
  • SDG 17

The SLOMAN NEPTUN Sustainability Report is linked to the United Nations Sustainable Development Goals (SDGs), particularly SDGs 13 and 14 on climate action and sustainable use of the oceans, seas and marine resources; SDG 9 on industry, innovations and infrastructure; and SDG 17, which highlights the importance of partnerships and implementation to achieve these goals.