The subject of ESG is becoming an increasingly important topic for all shipowners, investors and financiers across all major industries today. ESG isn’t just the responsibility of the financial investors however, it is imperative that all companies understand the environmental and social consequences of their business operations and ensure that there is an appropriate level of governance and support in place.

The global maritime industry is no different, and as a hugely capital-intensive industry, attracting sources of investment capital from around the globe, shipping’s ESG profile is arguably one of the most high-profile of all industries today.

Ships face a huge variety of ESG risks and challenges which begin in the construction phase, continue throughout the trading life of the vessel(s) and finally conclude at the end of their lifecycle. The oceans represent over 70% of the Earth's surface and it is the responsibility of those who use the oceans for commercial advantage, to do so responsibly, sustainably and with our collective future in mind.

As providers of capital, banks, investors, funds and other sources of finance have a direct responsibility to ESG and have a huge opportunity to shape the way that we address these issues now and in the future.

At Idwal, we are committed to ESG compliance right across our own business and we support the need for accountability, commitment and transparency across all aspects of the global shipping industry in respect of climate change and wider environmental, social and governance factors. 

Our commitment extends both to supporting our customers’ businesses, as well as our own and we have developed several supporting ESG-related initiatives and services which can help you evaluate and mitigate the ESG risks across your business.

Compliance is not enough. At Idwal we look “beyond compliance” to see where we can make a difference.