Sustainable Finance Disclosures Regulation

Environmental

We are aware of potential environmental damage due to incidents like oil spills or chemical leakages during transportation. These risks are significant for investments in assets like tankers, where adherence to safety and environmental standards is crucial.

Environmental

Encompasses risks associated with evolving regulations and market dynamics as the world transitions towards sustainable energy sources. This includes the impact of new environmental policies, changing consumer preferences, and advancements in green technology, which could alter asset values.

Environmental

Focuses on the impact of global economic shifts on the shipping industry, such as fluctuations in raw material and energy prices, which can affect the cost of operations and the market value of shipping assets.

Social

Pertains to the health, safety, and overall welfare of the crew aboard ships. This includes ensuring compliance with international labor standards, providing safe working conditions, and upholding human rights, thereby promoting equality and fair treatment in the workplace.

Governance

Involves risks arising from inadequate governance structures, such as failure to implement robust policies on diversity, inclusion, and ethical practices. This also encompasses risks associated with non-compliance to anti-corruption norms, potentially leading to reputational damage and legal consequences.

Our investment strategy integrates ESG risks, focusing on climate change and pollution. We invest in vessels and technologies that contribute to sustainable maritime practices, aiming to reduce greenhouse gas emissions and marine pollution..

We actively assess and manage potential adverse impacts on marine ecosystems. Our targets include reducing incidents like oil spills and ensuring safe disposal of waste from our shipping operations.

Our compensation structure is focusing on Total Compensation, encompassing base salary and incentive pay. We aim to align pay with the overall performance of our investment fund and individual employees.

Performance assessment will consider four dimensions: Shipping Investment Performance, Client and Stakeholder Relations, Team Collaboration and Leadership, and Sustainability and Responsible Investing, with an emphasis on ESG factors relevant to shipping. We will avoid assigning specific weightings to these dimensions, acknowledging their interconnectedness.

Additionally, we will benchmark our policies against industry standards, while upholding our commitment to sustainability and responsible investing as fundamental principles. The implementation of this framework will involve collaboration with relevant stakeholders, and we will continually monitor and adapt it to evolving sustainability dynamics and industry norms. This approach aims to reinforce our dedication to responsible investment in the shipping industry and create long-term value for our fund and stakeholders.

We disclose the sustainability profile of our shipping investments, encompassing policies on environmental protection, ethical business conduct, and compliance with maritime regulations.

Article 8 products focus on promoting characteristics such as energy efficiency in shipping and responsible waste management. We engage with stakeholders to continuously improve our practices.

Our governance structure integrates sustainability risk assessment in all investment decisions, ensuring responsible management of environmental, social, and governance issues in our maritime investments.

We provide comprehensive training to our workforce on sustainability matters, focusing on maritime environmental protection and social responsibility, ensuring adherence to high ethical standards.

We regularly update our stakeholders on our progress towards sustainable shipping practices, with future plans including further reduction in GHG emissions and enhancing crew welfare standards.