ESG in the Ocean Industries

The Governance Group has been commissioned by DNB to review ESG (environmental, social and governance) issues in the ocean industries.

The report includes:

  • An analysis of the ESG information provided by the 33 largest shipping and seafood companies on the Oslo Stock Exchange, which is the second largest securities marketplace for shipping and the largest for seafood.

  • An analysis of ESG performance of these two industries globally, provided by the ESG database Arabesque S-Ray.

  • A deep dive into the ESG requirements of DNB, one of the world’s leading shipping banks.

  • Recommendations to management and board for sustainability risk management.

The report finds that until regulators establish clearer ESG guidance companies in the shipping and seafood sectors will benefit from disclosing concrete information on the ESG issues that are material to their business model.

The full report can be accessed here.

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