In its new Responsibility Report, Monjasa sets out its priorities in relation to climate impact, industry governance and the working environment, and says it is ‘determined to take an active part in discussions on the shipping industry's transition to new fuels’.
In establishing its future ambitions and strategies on major issues such as the environment, the company has worked with Deloitte. The process, using the Global Reporting Initiative (GRI) standards approach, has resulted in a document which outlines three new pillars of Responsibility for Monjasa. The company has also referenced the UN Sustainable Development Goals and its long-term engagements with DNV and the Maritime Anti-Corruption Network (MACN).
In terms of its environmental impact, Monjasa will calculate its CO2 emissions to establish a baseline for setting future targets. The Greenhouse Gas Protocol will be used as the foundation for setting a target for decarbonising the company’s vessels and offices.
The company has also a focus on zero oil spills as well as facilitating shipping’s transition to low carbon future fuels.
‘We not only have the responsibility to observe and navigate the rapidly changing environmental frameworks led by the International Maritime Organization. We also need to join forces with industry alliances where Monjasa as a current oil and shipping logistics expert can provide knowledge that supports a long-term transition towards decarbonisation of marine fuels,’ said Monjasa
Looking ahead, the company say it will seek engagement with industry peers on future fuel supply logistics. As such it has an initial ambition to actively participate in at least one relevant business initiative or working group in 2021.’
Group COO, Svend Stenberg Møholt commented on the aims laid out in the new report: ‘We will only be able to take the next steps in developing our business responsibly by fully understanding our global and local impact.
‘This understanding allows us to calculate Monjasa’s CO2 emissions to create a baseline for setting future improvement targets. When we fully understand the impact of our land and sea-based activities, we are determined to work closely with our partners, including Danish Shipping, and strongly support the greenhouse gas reduction strategy adopted by the IMO in 2018.’