MSC has joined over 150 stakeholders by signing into the United Nations (UN) Global Compact Sustainable Ocean Principles to leverage ocean-based climate solutions.
The announcement was made this week in Lisbon at the UN Ocean Conference.
The Sustainable Ocean Principles provide a framework for responsible business practices across ocean sectors and geographies covering ocean health and productivity, governance and engagement and data and transparency.
MSC has acknowledged the collective responsibility of companies to assess their impact on the ocean and develop adequate action plans to protect its environment and promote ocean sustainability policies.
Stefania Lallai, Vice President Sustainability of MSC’s Cargo Division, said:“Oceans play a vital role in the health of our blue planet, producing half of the world’s oxygen as well as regulating our climate.
“By signing the Sustainable Ocean Principles, we are joining with other blue economy companies to help build a sustainable blue economy.”
MSC said these collaborative platforms form part of its Sustainability Roadmap in response to the rapidly evolving landscape, leveraging strategic alliances across the maritime ecosystem to protect and restore the health of oceans.
“This commitment by 150 blue economy companies shows the private sector’s willingness to support SDG 14,” said Sanda Ojiambo, Assistant Secretary-General and CEO of the UN Global Compact.
“Healthy and productive oceans rely on all actors to do their part. I am encouraged that these companies are committed to integrating ocean health into their corporate strategies.”
The five year agreement includes delivery of Kongsberg Digital´s data infrastructure service Vessel Insight and Kongsberg Digital´s Vessel Performance application on the entirety of MSC’s owned fleet, consisting of approximately 500 vessels.