Page 3 - INTERCARGO's ESG Review 2024
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INTERCARGO ESG REVIEW 2024
FOREWORD BY INTERCARGO’S CHAIRMAN
When reflecting on ESG, we should not forget that safety
is a cornerstone and key driver of sustainability for dry bulk
shipping.
Over the past decades, the safety performance of bulk
carriers has notably improved despite a significant increase of
the fleet. INTERCARGO, as an influential Non-Governmental
Organization (NGO) within the International Maritime
Organization (IMO) has been instrumental in advocating
for and implementing changes in international rules and
regulations to enhance the safety of dry cargo vessels.
Through collaborative efforts, INTERCARGO has contributed
to the development of legislation and initiatives, which have
been pivotal in improving safety standards for bulk carriers.
This progress underscores the importance of safety in our
agenda and our commitment to achieving zero losses and
ensuring the well-being of seafarers and the sustainability of
dry bulk shipping.
am pleased to present INTERCARGO’s first ESG Review, I would like to express my sincere gratitude to the dedicated
I which demonstrates our Association’s commitment professionals at Moore Greece and to our Secretary General,
to quality dry bulk shipping through protecting the Kostas Gkonis for their effort and skill in preparing this ESG
environment, safeguarding seafarers' health and safety, Review.
supporting economies and societies, and promoting
transparent and ethical business practices and governance. I would also like to thank all our members for their ongoing
support and commitment to INTERCARGO. Together, we
This Review highlights INTERCARGO's recent activities will successfully transition to a future where day-to-day
and how they relate to ESG (Environmental, Social, and operations of the dry bulk shipping sector are fully aligned
Governance), emerging challenges and opportunities. with the principles of sustainable development.
The ESG Review highlights that ESG has become an
increasingly important topic for all stakeholders in the dry Dimitrios J. Fafalios
bulk shipping community, such as investors, financiers, INTERCARGO Chairman
charterers, cargo owners, insurers, employees, and non-
governmental organizations. April 2024
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