V.Group ESG Charter As V.Group we must be a strong voice in the industry, ensuring that our global network and business partners work as one to minimise the impact of our operations, whilst still providing a safe, dependable, and commercially viable service for the benefit of all. To this end, we believe this first step we are taking in creating our ESG Charter is both prudent and an encouragement to business partners to move in a similar direction. Environmental Climate Change Through our ship management activities, all managed vessels comply with MARPOL’s energy efficiency regulations and other regulations. From both a commercial and environmental sustainability point, we continually aim to maximise efficiency and minimise fuel use. Through our collaboration with industry partners, we wish to explore the development of a new generation of technologies and alternative fuel solutions. One such initiative is our strategic partnership with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to reinforce our commitment to decarbonisation of the shipping industry. Water We continue to support our customers in the phased implementation of measures under the International Convention for the Control and Management of Vessels’ Ballast Water and Sediments, to prevent the spread of harmful aquatic organisms from one region to another. Recycling and Waste V.Group supports customers in fully abiding by the Industry Code of Practice on Ship Recycling which includes minimising the amount of potentially hazardous materials onboard their vessels. Elimination of Single-Use-Plastics Single-use plastic is a significant threat to life in the ocean and the planet as a whole. The shipping industry has a proud history of facilitating the flow of trade and over the last few decades has been proactive in improving its environmental performance. Here at V.Group we have a goal of zero pollution from plastic waste to sea and are committed to continuously minimising the generation of shipboard waste. Social Health & Safety V.Group is committed as a priority to protect the health, safety, and wellbeing of everyone involved in or affected by our activities. V.Group is committed to the on-going and continual improvement of its Safety and Quality Management Systems and pursues the long-term goals of zero injuries to colleagues working ashore and afloat. Commercial considerations shall not take precedence over safety and environmental protection.
Human Rights We respect all human rights of all individuals. Human rights belong to all individuals regardless of race, colour, sex, language, religion, political opinions, or views. Equality and Diversity We strive for equal opportunity, regardless of age, sex, race, sexual orientation, marital status, age, disability, or religion. Furthermore, V.Group is committed to provide a culture free from harassment, bullying, victimisation or discrimination. All colleagues and clients should be treated with respect, dignity, and courtesy. Workers’ Rights Group fully complies with the Maritime labour Convention, 2006 across all its managed vessels. Governance is provided through robust auditing and certification of its vessels and Seafarer Recruitment and Placement Service providers. Governance An effective corporate governance framework is of crucial importance. Well-governed companies are likely to be more resilient, sustainable, and competitive. Leadership As a part of our broader strategy and our bold ambitions with regards to ESG, we have created a dedicated ‘Sustainability & Decarbonisation’ department which will position V.Group at the forefront of the transition to a more sustainable shipping industry. Overseeing this department, V.Group has appointed a dedicated role of Director, Sustainability & Decarbonisation. Bribery and Corruption Controls Any transactions in the nature of bribes are strictly forbidden. It is illegal to pay or receive a bribe whether paid or received directly or indirectly. These principles apply equally in any country in which the company operates or carries on business. In support of this policy, V.Group are members of the Maritime Anti-Corruption Network (MACN). Compliance & Ethics We implement the following Compliance & Ethics Policies: • Anti-Corruption, • Anti-Money Laundering • Competition Law Policy • Modern Slavery • Sanctions • Data Protection Policy • Speak Up Policy
Key Metric
2021 Data
2020 Data YOY% (+/-)
Number of Employees
2,747
2,696
+1.89%
Board Makeup (M / F%)
100 / 0
100 / 0
0%
Senior Management Makeup (M / F%)
82 / 18
82 / 18
0%
Leadership & Governance | 15
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