ESG Shipping Awards
Celebrate Sustainable Practices in the Shipping Industry!
The Initiative
The ESG Shipping Awards is a purposed driven initiative, aiming to recognize and promote companies in Greece and International, that incorporate ESG practices into their business model and operations.
The ESG Shipping Awards have been established to recognize the best-performing companies or organizations across a range of ESG categories.
The ESG Shipping Awards will promote best practices, innovation, and leadership in the space of ESG within the Maritime industry.
Participants must demonstrate best practices in relation to: Environment, Social, and Governance and in accordance with the ESG international standards such as ESRS, GRI, SASB, UN Global Compact, SDGs, or any other ESG standards.
Participants must demonstrate best practices in relation to at least any of the following: Environmental management, Air emissions, Energy efficiency, Pollution prevention, Biodiversity, Climate change, Water management, Circular economy.
Participants must demonstrate best practices in relation to at least any of the following: Decarbonization plan, GHG emissions reduction, Climate related risk management, Energy management, Climate Related Strategy, Sustainable investments.
Participants must demonstrate best practices in relation to at least any of the following: Waste Management and Recycling, Resource efficiency and optimization, Sustainable logistics, Responsible ship recycling.
Participants must demonstrate best practices in relation to at least any of the following: Labor working conditions, Employee development, Community contribution, Health & Safety, Diversity & Inclusion, Human Rights, Value Chain, Suppliers.
Participants must demonstrate best practices in relation to at least any of the following: Working environment, Non-Discrimination and Anti-Harassment policy, Fair treatment practices, Gender Diversity, Equal Remuneration, Human Rights, Freedom of association.
Participants must demonstrate best practices in relation to at least any of the following: Human Capital Development, Talent Attraction & Retention, Reskilling & Upskilling, Occupational Health & Safety, Performance Appraisal.
Participants must demonstrate best practices in relation to at least any of the following: Corporate social responsibility and Philanthropic Activities, Support local communities, Charitable Donations, and Volunteer programs.
Participants must demonstrate best practices in relation to at least any of the following: Board Effectiveness, Board Independence, Board diversity, Code of Conduct, Antibribery & anti-corruption, Whistleblowing, Materiality assessment, Risk and Crisis management, Stakeholder engagement.
Participants must demonstrate best practices in relation to any Technology, Innovation, Research & Development that prevent ESG related risks and capture ESG opportunities such as Energy transition, Digital transformation, Cybersecurity etc.
Participants must demonstrate best practices in relation to at least any of the following: Supplier partnership and collaboration, Supply chain transparency, Supply chain performance, Supplier assessment.
Participants must demonstrate best practices in relation to any of the following: Biodiversity-related risks, level of exposure to biodiversity in the areas used for operational activities, potential impacts and Biodiversity Strategy.
Participants must demonstrate best practices in relation to any of the following:
Codes of Conduct, Transparent Reporting, Anti-corruption & bribery, Anti-Competition, UN global compact.
Participants must demonstrate best practices in relation to any of the following:
Air emissions (CO2, CH4, PM etc.) Circular Economy, Pollution prevention, Waste and Water management, certification, and assurance.
Participants must demonstrate best practices in relation to any of the following: Occupational Health & Safety policy, OHS management system, international standards (SOLAS, MARPOL, SUA), OHS Inspections.
Shipping Companies can nominate their initiatives for the 11 ESG award categories.
Companies can nominate any projects, actions, or best practices related to each award category. The actions must have taken place during 2023 (or until the submission day) and must be impactful, inclusive, and measurable.
In order to allow more companies to enter the Awards’ competition, each entity can apply for up to two (2) award categories and can nominate up to three (3) projects, actions or best practices per category. A separate application must be submitted for each category.
Entities can provide information about their ESG practices and other organizational details, including but not limited to activities, governance, policies, KPIs, targets, training, performance monitoring, assessment, and certification.
This information gives insight into the profile and scale of the organization and provides a context to the judging committee for understanding the organization’s impact in each respective ESG category.
Selection process
Andreas A. Papandreou is a Professor in the Economics Department of the National and Kapodistrian University of Athens. He received his B.Sc. in Economics from the University of London, Queen Mary College and his M.Sc. in Economics from London School of Economics. He became a Doctor of Philosophy at Merton College, Oxford University, in 1990. Dr. Papandreou has over 30 years of academic experience in various Universities, including University College London and Harvard. His research and published work are mostly in the fields of environmental economics, institutional economics, political economy, and welfare economics. Among his publications are “Externality and Institutions” (1998) Oxford University Press. He is a member of the Climate Change Impacts Study Committee (CCISC) of the Bank of Greece that completed the first comprehensive study of the impacts of climate change on Greece, prepared the Greek National Adaptation Plan and recently published the Economics of Climate Change. He is the Director of the MSc in Philosophy and Management at National and Kapodistrian University of Athens. He is the Director of the Political Economy of Sustainable Development Lab (PESD) at the National and Kapodistrian University of Athens and a Co-chair of the United Nations Sustainable Development Solutions Network Greece (SDSN Greece). Professor Papandreou is a sustainability consultant for the global shipping company Star Bulk.
All the participants stressed the value of the ESG Shipping Awards as a process of learning through sharing, which once more proves the leadership role that the Greek shipping community has globally.
