The comprehensive ESG Report provides an overview of
The full ESG Report is available on our website in the ‘Investors Centre’ section under ‘Financials’ then ‘Annual Reports’.
2023 ESG Report
Key highlights from the ESG Report include:
Investing to reduce climate impact:
- BlueStreak CO2 joint venture, to provide a seamless process to capture, transport and securely store of CO2 emissions;
- Investment into Azane Fuel Solutions, to address the urgent need for zero carbon fuel options in the maritime industry; and
- Expansion of the ethylene export terminal to increase capacity, improve efficiency and reduce overall emissions.
Environmental impact:
- Zero spills into the environment;
- Investment of around
$5 million committed to implementing technologies maximise efficiency and minimise energy consumption; and - Mean AER improved by 1.8% and 2.8% year-on-year improvement of the fleet sustainability score.
Progressive year for gender equality:
- Achieved 39% of women in shore-based positions;
- Reached 30 female seagoing employees; and
- Attained 28% of women in shore-based leadership positions.
Creating safe places of work:
- Zero fatalities across the fleet and business;
- 14% reduction in total recordable incident rates; and
- Implementation of a business-wide safety programme called ‘WeCare’.
Promoting business ethics and integrity across the business:
- 90% of employees and consultants trained in compliance and anti-corruption processes;
- No material anti-corruption incidents recorded in 2023; and
- No violations of the Code of Conduct and Business Ethics recorded in 2023.
"I am very pleased that we have been able to enhance the breadth and scope of our voluntary disclosures, and to report on the significant progress we have made in implementing our strategy. This demonstrates that
The release of this year’s ESG Report underscores Navigator Gas’ ongoing commitment to sustainability by operating safely, reliably and efficiently.
About
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Email: communications@navigatorgas.com
Verde,
Tel: +44 (0)7857 796 052, +44 (0)20 7045 4114
Navigator Gas Investor Relations
Email: investorrelations@navigatorgas.com, randy.giveans@navigatorgas.com
Tel: +1 713 373 6197, +44 (0)20 7340 4850
Investor Relations /
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Email: navigatorgas@capitallink.com
Forward Looking Statements
This press release contains certain forward-looking statements concerning plans and objectives of management for future operations or economic performance, or assumptions related thereto, including statements relating to Navigator Gas’ strategy for ESG.
In addition, we and our representatives may from time to time make other oral or written statements that are also forward-looking statements. Such statements include, in particular, statements about our plans, strategies, business prospects, changes and trends in our business and the markets in which we operate.
In some cases, you can identify the forward-looking statements by the use of words such as “may,” “could,” “should,” “would,” “expect,” “plan,” “seek,” “target,” “aim,” “become,” “anticipate,” “intend,” “forecast,” “believe,” “estimate,” “predict,” “propose,” “potential,” “continue,” “scheduled,” or the negative of these terms or other comparable terminology.
These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, those set forth in the periodic reports
All forward-looking statements included in this press release are made only as of the date of this press release. New factors emerge from time to time, and it is not possible for us to predict all these factors. Further, we cannot assess the impact of each such factor on our business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement.
We expressly disclaim any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in our views or expectations, or otherwise. We make no prediction or statement about the performance of our common stock.
Category: General
Source:
2024 GlobeNewswire, Inc., source