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
The Sailors’ Society says coronavirus is the worst crisis seafarers have faced in its 200-year... Read more
The recent spate of grim casualties cannot simply be written off as bad luck, says Seafarers’... Read more
It is estimated that more than 300,000 seafarers and marine personnel are currently stranded at sea... Read more
Eastern Pacific Shipping (EPS) has been awarded the world’s first LNG Dual Fuel Newcastlemax bulk... Read more
The merger of BAI SEA and ERSHIP is a result of both companies seeking to strengthen their position... Read more
International maritime welfare charity Sailors’ Society recently marked the fifth year of its... Read more
Leading Classification Society ClassNK, in cooperation with Kawasaki Kisen Kaisha, Ltd. (“K&rdquo... Read more
Bulk carriers are the workhorses of international maritime trade. Those responsible for operating them... Read more
It is with great sadness that Hill Dickinson has announced the untimely passing of the managing partner... Read more
North P&I has strengthened its FD&D leadership team in Greece with the appointment of Antigone... Read more