A data-driven route to decarbonisation
11 August 2021 • 14:00-14:45 BSTPart ofVesselOptimisationWebinar Week9-12 August 2021
#vesseloptimisationPresentation documents:Page 2: Max van Someren, AustalPage 11: Jessica Camus-Demarche, Diginex & Shanker Pillai, HafniaPage 29: Jason Stanley, Tidewater Inc.
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Maritime Industry ESG Reporting Framework
Research Insights
✓ ESG reporting is becoming an
increasing focus of the maritime
industry
✓ Investors are increasingly asking for
ESG data in alignment with SASB
and TCFD
✓ GHG emissions reporting is the
priority indicator
Maritime Industry Framework
✓ Combined GRI, SASB, TCFD and
industry specific standards into a
single framework
✓ Confirmed opportunity to set an
industry best practice standard
✓ Climate reporting a core pillar of the
maritime industry specific framework
DiginexESG
✓ Automated ESG & climate reporting
process
✓ Store ESG data in single and secure
platform
✓ Ease of responding to external ESG
data requests
✓ Scalable and intuitive solutions
✓ Immutable blockchain audit trail
Overview
Material IssuesSASB's maritime framework and linkages to global & industry specific frameworks
SDGs SASB TOPIC ACCOUNTING METRIC CATEGORY UNIT OF MEASURE CODE GRI Indicator INDUSTRY FRAMEWORKS TCFD (tbc) Gross global Scope 1 emissions Quantitative Metric tons (t)
CO2-e
TR-MT-110.a.1 GRI 305 - 1 IMO Initial Strategy on reduction of GHG
emissions from Ships
Poseidon Principles
M&T.b
Discussion of long-term and short-term strategy
or plan to manage Scope 1 emissions, emissions
reduction targets, and an anlysis of performance
against those targets
Discussion and Analysis n/a (Qualitative. Add in page number) TR-MT-110.a.2 GRI 305 - 1
GRI 305 -5
S
G.a,b
RM.a,b
M&T.a,b,c
(1) Total energy consumed,
(2) percentage heavy fuel oil,
(3) percentage renewable
Quantitative Gigajoules (GJ), Percentage (%) TR-MT-110.a.3 GRI 302.1 M&T.a,c (optional)
Average Energy Efficiency Design Index (EEDI) for
new ships
Quantitative Grams of CO2 per ton - nautical mile TR-MT-110.a.4 IMO
MARPOL Annex VI Reg. 14 (Energy
M&T.a,c (optional)
SDG 3
Air Quality Air emissions of the following pollutants:
(1) Nox(excluding N2O),
(2) Sox, and
(3) particulate matter (PM10)
Quantitative Metric tons (t)
CO2-e
TR-MT-120.a.1 GRI 305 - 7 M&T.a,c (optional)
Shipping duration in marine protected areas or
areas of protected conservation status
Quantitative Number of travel days TR-MT-160.a.1
GRI 304 - 2
UNEP World Conservation Monitoring
Centre (UNEP WCMC)
M&T.a,c (optional)
Percentage of fleet implementing ballast water
(exchange and (2) treatment
Quantitative Percentage (%) TR-MT-160.a.2 IMO Ballast Water Management
Convention
M&T.a,c (optional)
(1) Number and
(2) aggregate volume of spills and releases to the
environent
Quantitative Number , Cubic meters (m3) TR-MT-160.a.3 GRI 306 - 3 M&T.a,c (optional)
SDG 8 Employee Health & Safety Lost time incident rate (LTIR) Quantitative Rate TR-MT-320a.1 IMO
Number of calls at ports in countries that have
the 20 lowest rankings in Transparency
International's Corruption Perception Index
Quantitative Number TR-MT-510a.1
Total amount of monetary losses as a result of
legal proceedings associated with bribery or
corruption.(FN2)
Quantitative Reporting currency TR-MT-510a.2
Number of marine casualties, percentage
classified as very serious (FN3)
Quantitative Number, Percentage (%) TR-MT-540a.1
Number of Conditions of Class or
Recommendations
Quanitative Number TR-MT-540a.2
Number of port state control
(1) deficiencies and
(2) detentions
Quantitative Number TR-MT-540a.3
FN2 Note to TR-MT-510a.2 - The entity shall briefly describe the nature, context and any corrective actions taken as a result of the monetary losses
FN3 to TR-MT-540a.1 - Disclosure shall include a description of marine casualties and very serious marine casualties, outcomes and corrective actions implemented in response.
SDG 13
SDG 14
SDG 8 , 16
SDG 8,14
Greenhouse Gas Emissions
Ecological Impacts
Business Ethics
Accident & Safety Management
ACTIVITY METRIC CATEGORY UNIT MEAURE CODE Number of Shipping
boards employees
(FN4)
Quantitative
Number TR-MT-000.A
Total distance
traveled by vessels Quantitative
Natuical miles (nm) TR-MT-000.B
Operation days
(FN5)Quantitative
Days TR-MT-000.D
Deadweight
tonnage Quantitative
Thousand deadweight tons TR-MT-000.D
Number of vessels
in total shipping
fleet (FN6)
Quantitative
Number TR-MT-000.F
Number of vessel
port calls Quantitative
Number TR-MT-000.G
Twenty - foot
equaivalent unit
(TEU) capacity
Quantitative
TEU TR-MT-000.G
FN4 Note to TR-MT-000.A - Shipboard employees are those employees who work aborad the entity's vessels (including direct and contract employees) during the reporting period.
FN5 Note to TR-MT-000.C - Operating days are calculated as the number of available days in a reporting period minus the aggregate number of days that the vessels are off-hire due to unforseen circumstancees (i.e., a measure of days in a reporting period during which vessels actually generate revenue)
FN6 Note to TR-MT-000.D - Deadweight tonnage is the sum, for all of the entity's vessels, of the difference in displacement in deadweight tons between the light displacement and the actual loaded displacement.
Table 2 Activity Metrics
List of topics reported by maritime industry companies, in addition those recommended in the SASB’s maritime industry framework.
These can be categorized into three areas:
1. More extensive reporting on climate impacts, in line with TCFD recommendations.
2. Industry specific recommendations and regulations [IMO’s regulation on Sulphur, Hong Kong convention on Ship recycling, Marpol IV reduction of waste and garbage. ]
3. Social issues, such as worker health and well - being, leadership and diversity, labour rights and supplier social assessment.
Emergency Preparedness
Climate Risk Reporting
GHG Footprint (Scope 2)
Sulphur Emissions Ship recycling
Reducing Plastic Waste and Garbage
Supplier Environmental Assessment
Leadership Training and Education Ship Diversity and Equal Opportunity
Labour RightsWellbeing of Seafarers and Staff Supplier Social Assessment
Organisational Profile Governance
Regulatory compliance
Customer relations
Innovation
Freedom of Trade Data Security (GDPR breaches)
Stakeholder Engagement Employee & Staff Retention
Material issues reported
Environmental
Social
Governance
Topics reported by selected industries
• Ethics and Integrity
• Governance
• Stakeholder Engagement
• Economic Performance
• Market Presence
• Procurement Practices
• Business Ethics
• Employee H&S
• Education and Training
• Diversity
• GHG emissions
• Climate Risk Reporting
• Reduction of GHG Emissions
• Ship recycling
Environment Social
GovernanceEconomic
Maritime Industry Framework Blueprint
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Recommended sustainability topics
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Hafnia sustainability strategy
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Climate Reporting
Easier, Faster and More Affordable
A digital and intuitive Carbon Footprint calculator
DiginexESG connects to its sister product DiginexClimate,
which enables maritime companies to calculate their Carbon
Footprint calculator. Diginex is leveraging its impact
technology to help companies embark on a decarbonizing
journey.
Our digital reporting features will enable companies to
efficiently report, manage and verify GHG emissions and
reductions over time.
GHG Calculator
Calculate and track carbon footprint
Set company specific targets for carbon reductions
Reduce and offset via carbon credits
Verify carbon footprint & credits by 3rd party
assurance
Register carbon credits on a carbon exchange
GHG Calculator
Map Operations
Log all of your buildings, flights, fuel and transport
Calculate and estimate the carbon for each event or entity within the
company
Calculate
Track and Report
Birds-eye view of your company’s carbon footprint
Thank You
Questions? Please contact us at [email protected] or visit our website https://www.diginex-solutions.com/
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Data-driven decarbonizationAugust 11, 2021
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Objective: decarbonization
§ The International Maritime Organization (IMO) GHG strategy:§ Ensure emissions peak as soon as possible§ Reduce emissions at least 50% by 2050 compared to 2008§ Reduce carbon intensity of international shipping by 40% by 2030 relative to 2008
§ Where do we start?§ Develop a clear and reliable baseline§ Consistently measure the impacts of improvements against this baseline and determine
whether the trajectory is aligned with the target(s)
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Options & challenges
Options Challenges
§ Newbuild assets § Unproven technology
§ New technology upgrades § Infrastructure to support alternative fuels, technology
§ More efficient existing assets § Commercial viability
The immediate opportunity is operating existing assets more efficiently, while technology matures
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Data capture and analysis
§ Most modern vessels already offer significant data about their subsystems and performance, but it’s not always used…
§ Collecting and analyzing this data is necessary to develop an accurate, holistic system picture – at the vessel and/or fleet level
§ Data capture systems combined with analytical and performance monitoringsoftware present this data in useful form to enable decision-making
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Performance monitoring
§ Data analysis and reporting supports:§ Automatic importation of data from source
systems/platforms§ Vessel performance comparisons, including
crew shift best practices§ Emissions and carbon intensity trends § Ship energy efficiency management plan
support (SEEMP)§ GHG and other air pollutants reporting (e.g.,
NOx, SOx)
§ Sharing performance data with customers, suppliers§ Highlight equipment performance§ Determine project needs vs. expectations; are there more efficient methods to complete an
operation?
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Evaluate technology & operational changes
§ Validate new technology effectiveness
§ Identify opportunities for operational improvements§ Crew performance comparison (e.g.,
between vessels or shifts on the same vessel) – identify best practices
§ Understand contributing factors tovessel performance§ Wind speed, current, wave height, etc.
§ Utilize this feedback for continuous improvement
Example impact of shore power system use
Example impact of hybrid system (battery) upgrade
Example comparison of crew performance
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Thank you
