ESG Shipping Awards

Celebrate Sustainable Practices in the Shipping Industry!
Are you ready to be recognized for your commitment to sustainability and responsible business practices? The ESG Shipping Awards are here to honor and celebrate companies in the shipping industry that go above and beyond to make a positive impact on the environment, society, and governance!

 

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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.

Award
CATEGORIES 2024

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.

ESG Leader Award

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.

Environment Leader Award

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.

Climate Change Leader Award

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.

Circular Economy Leader Award

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.

Social Leader Award

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.

DIVERSITY, EQUITY & INCLUSION LEADER AWARD

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.

People Leader Award

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.

Community Contribution Leader Award

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.

Governance Leader Award

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.

Technology Leader Award

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.

INDUSTRY PARTNERSHIP LEADER AWARD

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.  

Biodiversity Leader Award

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.

Business Ethics Leader Award

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.

Eco-efficiency Leader Award

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.

Health & Safety Leader Award

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.

Nomination process

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

The selection process for the ESG Shipping Awards takes into consideration the ESG profile of the company and the judgment of the expert panel of judges. The judges evaluate the actions and initiatives submitted by the companies based on the requirements outlined for each award category and the selection criteria. The judges’ opinions and assessments play a crucial role in determining the finalists and winners of the awards. The ESG profile of the company, which includes its commitment to sustainability, is also considered in the evaluation process to ensure that the awarded companies align with the goals and values of the ESG Shipping Awards.
THE judges
The Judging Committee is responsible to judge the finalists and the winners of each ESG category. Strict rules of confidentiality and conflict of interest apply both for the Judging Committee and the selection process. Once the selection process is completed, finalists will be informed individually.
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Andreas A. Papandreou
Professor of Environmental Economics National and Kapodistrian University of Athens

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.