ESG Disclosure 2024 | Reporting Year 2023

UN Sustainable Development Goals

1. No Poverty: V. prioritises the health, safety, and wellbeing of everyone involved in its activities, promotinag a safe working environment, which can contribute to economic stability and reduce poverty.

2. Zero Hunger: Through various wellbeing initiatives, including balanced menu challenges and healthy eating webinars, V. contributes to ensuring the health and nutritional wellbeing of its workforce.

10. Reduced Inequalities: V. promotes equal opportunities and a culture free from discrimination, ensuring all colleagues and clients are treated with respect, dignity, and courtesy.

3. Good Health and Well-being: V. focuses on health and safety welfare, offering initiatives such as wellness campaigns, and healthy eating tips, and emphasising a culture of safety to ensure all employees return home safely.

11. Sustainable Cities and Communities: Through initiatives focused on reducing the environmental impact of its operations and supporting sustainable maritime practices, V. contributes to the development of sustainable cities and communities.

4. Quality Education: V. is committed to training and development, providing extensive training programs for seafarers, including leadership training and training for handling new fuels, ensuring employees have the necessary skills and knowledge for their roles.

12. Responsible Consumption and Production: V. ensures compliance with industry standards on recycling and waste management and promotes the elimination of single-use plastics on its managed vessels.

5. Gender Equality: V. promotes diversity and inclusivity within its workforce, with initiatives aimed at attracting and retaining a diverse talent pool and ensuring equal opportunities for all employees. The organisation reports that 51% of its workforce are women.

13. Climate Action: V. is committed to achieving net-zero emissions by 2050, with initiatives such as the ESG Champion Initiative for emissions data recording, partnerships for decarbonisation, and extensive training on alternative fuels.

6. Clean Water and Sanitation: V. supports customers in implementing ballast water management systems to prevent the spread of harmful aquatic organisms, contributing to clean water and marine sanitation.

14. Life Below Water: V. implements measures to protect marine biodiversity, such as ballast water management and reducing plastic waste, contributing to the protection of life below water.

7. Affordable and Clean Energy: V. is involved in the adoption of alternative fuels and energy efficiency measures, including partnerships focused on decarbonisation and the use of cleaner fuel technologies.

15. Life on Land: V.’s environmental stewardship initiatives, including efforts to reduce pollution and waste, contribute to the protection of ecosystems and life on land.

8. Decent Work and Economic Growth: V. adheres to the Maritime Labour Convention, ensuring fair treatment and rights for all seafarers, and invests in the training and professional development of its workforce to promote decent work and economic growth.

16. Peace, Justice, and Strong Institutions: V. maintains high standards of corporate governance, including robust anti-bribery and anti-corruption measures, and promotes a culture of transparency and ethical conduct.

9. Industry, Innovation, and Infrastructure: V. participates in innovative projects such as the development of the V.ERDE platform for emissions reduction and compliance, and supports the integration of new technologies in ship management.

17. Partnerships for the Goals: V. engages in strategic partnerships, such as with the Mærsk McKinney Møller Center for Zero Carbon Shipping, to advance shared sustainability goals and drive industry-wide progress.

48 | UN Sustainable Development Goals

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