Climate Change Data

GEFO Shipping Group

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Safety
  • Environmental Sustainability
  • Social Responsibility
  • Governance

Environmental Achievements

  • 92 Green Award certified vessels
  • Introduction of new inland tanker Canaletto with hybrid-electric propulsion system
  • Propeller coating project on Corelli and Cavalli resulting in ~10% fuel savings
  • Reduction in CO2 emissions (specific figures provided for both inland and deep-sea fleets, but not easily summarized into a single achievement)
  • Commitment to the Baltic Sea Action Group (BSAG) and Ship Waste Action Network

Social Achievements

  • Zero incidents involving spilled cargo or pollution in the deep-sea fleet in 2023
  • Various safety trainings and seminars for crew members (Crew Days, Crew Seminars)
  • Senior Management Visits and SMV Light Visits to improve crew relations
  • Health poster campaign to raise awareness of hand and finger injuries
  • Collaboration with WMU for seafarer health and wellbeing training
  • Support for Stella Maris

Governance Achievements

  • EcoVadis Silver certificate with a score of 64/100
  • Ongoing process of becoming a Green Award Incentive Provider
  • Implementation of Safety Management System (SMS) with regular reviews and updates
  • Internal and external audits with excellent results

Climate Goals & Targets

Long-term Goals:
  • Achieving carbon neutrality by 2045
Medium-term Goals:
  • Delivery of ten new sea-going tankers with low-emission technology (from 2026)
Short-term Goals:
  • Completion of investment program for inland fleet (summer 2024)

Environmental Challenges

  • Reducing CO2 emissions in line with the Paris Agreement
  • Maintaining high retention rates for crew members, especially ratings in the deep-sea fleet
  • Cybersecurity risks
Mitigation Strategies
  • Investment in newbuildings with low-emission engines or hybrid-electric propulsion systems
  • Implementation of SEEMP for deep-sea vessels
  • Crew training and development programs
  • Increased wages
  • Focus on gender diversity
  • Proactive near miss reporting procedures

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: EcoVadis

Certifications: Green Award

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Canaletto (hybrid-electric inland tanker)
  • New sea-going tankers with low-emission technology

Awards & Recognition

  • EcoVadis Silver
  • Green Award (92 vessels)