Page 11 - INTERCARGO's ESG Review 2024

INTERCARGO ESG REVIEW 2024
ESG IN THE DRY BULK SHIPPING SECTOR

Whilst not all dry bulk companies currently prepare ESG reports, the number is growing rapidly, as the pressure from
finance providers and other players in the shipping supply chain intensifies. INTERCARGO stays close to the dry bulk
sector with initiatives that align themselves with many of the material topics that are identified by dry bulk shipping
companies, which publish ESG reports.

The following table presents material topics that are often identified as such in recent ESG reports prepared by dry bulk
shipping companies and their stakeholders:

Material Topics:

INTERCARGO’S ESG INITIATIVES AND IMPACTS

INTERCARGO has continued to look into the Environmental, in the safety imperative, whilst best practices and DryBMS
Social, and Governance (ESG) agenda as a strategic as drivers of governance excellence are all indicative
consideration. The Association’s work programme and examples. INTERCARGO has been a proud supporter of the
the dry bulk shipping sector closely relate to these critical ESG Shipping Awards since their inception in 2023.
dimensions. The work of INTERCARGO on environmental
soundness, the importance of seafarers being centre-stage Learn more: https://www.intercargo.org/about/

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