Climate Change Data

Environmental Metrics

ESG Focus Areas

• Decarbonisation
• Social Impact
• Safety and Well-being
• Integrity

Environmental Achievements

• Conversion of Njord R to a Hybrid Ultra-Low Emission Vessel (ULEV), joining sister vessels Ask R and Embla R.
• Increased focus on environmental projects contributing to nature rehabilitation (e.g., artificial reefs).
• Use of second-generation biofuels reducing CO2 emissions by up to 90%.
• Implementation of advanced energy dispersion systems improving energy efficiency and reducing emissions.
• Use of biodegradable lubricants minimizing harm to marine life.
• Improved sediment control measures reducing turbidity.
• Advanced diesel-electric vessel designs reducing noise pollution.

Social Achievements

• Targeted cross-organizational training and youth program (“RN Youngsters”).
• Increased female representation in shore-based personnel (24% in 2023).
• At least 40% female representation on the Board of Directors.
• Prioritization of local employment and procurement in projects.
• Community investments and stakeholder engagement.
• Aboriginal Welcome to Country and Smoking Ceremony for Trud R project in Fremantle Ports, Australia.

Governance Achievements

• Active participation in EcoVadis (Gold rating in 2023), UN Global Compact, and Maritime Anti-Corruption Network (MACN).
• Clear distinction between Management Team and Board of Directors.
• Commitment to integrating sustainability into company operations.
• Preparation for EU Corporate Sustainability Reporting Directive (CSRD).

Climate Goals & Targets

Environmental Challenges

• Minimizing negative environmental impact of dredging and offshore activities.
• Reducing emissions from fleet operations.
• Maintaining a diverse and inclusive workplace.
• Managing risks associated with bribery and corruption in global operations.
• Balancing economic considerations with sustainability goals.

Mitigation Strategies

• Investment in advanced climate mitigation technologies and fleet decarbonisation.
• Shifting towards a more sustainable project portfolio (renewable energy, hydrogen pipelines).
• Implementing comprehensive health and safety policies and training programs.
• Active participation in MACN and implementation of anti-bribery and anti-corruption policies.
• Continuous improvement of sustainability performance based on EcoVadis assessments.

Supply Chain Management

Responsible Procurement

• Prioritizing local suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, EcoVadis, SDGs

Certifications: ISO 9001, ISO 14001, ISO 45001, CO₂ Performance Ladder Level 5, Biofuel certification

UN Sustainable Development Goals

• SDG 7
• SDG 8
• SDG 9
• SDG 13
• SDG 14

The company's initiatives contribute to these goals through decarbonization efforts, focus on employee well-being, investment in sustainable technologies, and commitment to marine ecosystem protection.