CSL releases Corporate Sustainability Report
(Posted on 16/08/18)
The CSL Group has released its 2017 Corporate Sustainability Report, detailing the company’s progress over the past year on a wide range of sustainability goals.
The report features CSL’s sustainability performance for the 2017-18 fiscal year and covers results and ongoing initiatives in the areas of governance, safety, environmental responsibility, ethics, the workplace, community engagement, and value for customers.
“Now in its fifth year of publication, CSL’s sustainability report is an important way for us to inform our customers and partners on how we measure up to the targets we set, what we have accomplished so far, and what we hope to achieve this year and beyond,” said Louis Martel, President and CEO, The CSL Group.
“Responsible business practices are the cornerstone of our values and operations, and they are what helps us build strong, transparent and trustworthy relationships with all of our stakeholders. Our approach to sustainability is embedded in everything we do and focused on ensuring the long-term success of our customers, our business and our industry.”
Notable highlights of the 2017 report include:
- The scope of CSL’s homegrown SafePartners program and philosophy was expanded to apply not only to safety of people, but to environmental responsibility and asset management as well.
- Although CSL experienced a slight increase in its overall lost time injury and frequency rates, the severity of injuries dropped by 48 percent.
- A continued focus on vessel efficiency and performance contributed to a 5.6 percent reduction in gCO2eq/tonne-nautical mile for loaded voyages compared to 2016.
- The ERMA First Fit ballast water treatment system was installed on a CSL Australia vessel.
- General waste recycling on CSL’s fleet increased by eight percent and incinerated waste was reduced by five percent.
- CSL was awarded an International Corporate Art Award for its collaboration with urban artists on the Sea Keeper fresco and was named the 2017 Ship Operator of the Year by Lloyd’s List Americas.
- Approximately 1% of CSL’s net profit in 2017 was donated to charitable causes and disaster relief.
The 2017 report was prepared using the Global Reporting Initiative’s G4 Sustainability Guidelines as a reference. The areas in which the report aligns with the United Nations Sustainable Development Goals were also noted.
To read or download the 2017 CSL Corporate Sustainability Report, visit the CSL website
Inmarsat, the world leader in global mobile satellite communications, is to introduce two new satellite... Read more
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has... Read more
The Council of the Singapore Shipping Association (SSA) - the industry voice of Singapore’s maritime... Read more
ESL Shipping is celebrating 70 years in business. This day 70 years ago, the contract was signed to... Read more
Mental health awareness should be made a core component of first aid seafarer training, according to... Read more
Last week at the Oshima Shipyard in Japan, Fednav Limited took delivery of the Federal St Laurent, its... Read more
From 1 July, after over 20 years as CEO, Camilla Grieg will take the position as Chair of the Board... Read more
As a direct response to the joint ownership and new collaboration between Seagull and Videotel, Seagull... Read more
Britannia P&I Club is hosting a one-day Members’ seminar in Piraeus on Thursday 27 June. The... Read more
IMO2020 is getting closer and the currently discussed approaches to meet IMO2020 requirements will generate... Read more