Shipping (-SH) – Meeting the Rising ESG Compliance Demands
The Industry’s Growing Challenge
The shipping sector is under immense pressure to prove sustainability, worker rights compliance, and anti-corruption measures to regulators, investors, and cargo owners.
Why Companies Are Being Forced to Change:
- IMO decarbonization targets (MARPOL Annex VI) require GHG tracking & reduction—non-compliance leads to higher costs and operational restrictions.
- MLC 2006 enforcement is tightening—shipping companies face labor rights crackdowns on crew wages, abandonment, and excessive working hours.
- Clients require ESG-certified shipping partners—companies failing ESG audits risk losing long-term contracts.
Failure to comply means:
- Increased fuel costs due to non-compliance with carbon emission reduction.
- High financial penalties for crew abandonment and labor rights violations.
- Loss of access to sustainability-focused cargo owners and insurers.
How SRS-MI Solves This
- Aligns your fleet with IMO, ILO, and global ESG requirements, ensuring seamless compliance.
- Strengthens crew welfare and fair labor practices, reducing abandonment risks.
- Boosts investor confidence and sustainability credentials, making your company a preferred choice for ESG-driven clients.
Will your shipping operations meet the next ESG compliance deadline?
SRS-MI positions you for long-term sustainability and regulatory success.