Stakeholder engagement

As a responsible and ethical organisation, it is essential to understand the needs and priorities of your stakeholders. Knowing how they perceive your business and what issues are most important to them is crucial for building trust, maintaining a positive reputation, and ensuring long-term success.

Stakeholder

About them
All the employees working under Grieg Maritime Group and future employees.
How do we engage?
- Via BLINK, an internal communication appplication for seafarers
- Individual development dialogues
- Employee lifecycle management
- Employees Pulse surveys
- Events hosted by us or with other partners
- Internal intranet
- Own webinar regarding specific subjects and compliance training
Key Topics or concerns raised
- Internal pulse surveys suggests that employees are happy at the work place but that there is room for more feedback and a need for better sleep quality
- Organisation structure is unclear
- Bullying and harassment onboard
- Office landscape (sitting, quality of air, lighting, noise, etc.)
- Decarbonisation of the industry and company
Actions or initiatives
- Throught the employee life cycle we have conducted Sustainable
  coworkership programs, leadership trainings as well as emerging
  professionals trainings.
- Annual individual development dialogues for all employees with their
  respective managers
- Anti-harassment and bullying campaing (“I’am a buddy not a bully”).
- Engagement with an external party specialised in mental health to “take the pulse” of the organisation, by sending “pulse surveys” in shorted intervals
- With the collaboration of Youngship, we hosted an event at Grieg Gaarden premises to promote careers in the maritime industry and engage with young professionals
About them
Partnering initiatives: It includes arrangements or collaboraritve initiatives with other parties (it can be with NGOs, governments, other business, individuals or a combination) to advance or make an impact on ESG (non-profit partnerships).
How do we engage?
- Meetings and interviews
- Events and project site visits
Key Topics or concerns raised
- Resource use, specially plastics and circular economy
- Company’s impact on whales
- Respect of human rights in the value chain
- Safe work practices for the value chain workers in the ship recycling industry
Actions or initiatives
- Youngship and Wista named 2 of GMG’s employees among Top 10 women to watch in shipping
- WWF – Grieg Partnership to reduce plastics waste leakage by 50% in 3 major port citites in the Philippines
- Grieg Green to help Self employed women’s association (SEWA) to improve the conditions for women working in the Ship Recycling Industry in India
- Provide training on human rights and continue working to raise awarness on the company’s responsibility for due diligence
About them
Customers from the companies inside Grieg Maritime Group
How do we engage?
- Meetings and phone calls
- Events, seminars and conferences
- Project updates and reports
Key Topics or concerns raised
- Responsible ship recycling
- Circular economy: Lifecycle of vessels
- Human rights and working conditions for workers at yards
- Compliance with regulations
Actions or initiatives
- Ongoing dialogues with customers and respond to questions and concerns by phone, email or publications
- Creating new partnerships/services to provide solutions related to circular economy and responsible ship recycling
- Grieg Green conducts assessments including human rights assessments at shipyards
About them
Suppliers from the companies inside the Group and Ship Recycling Facilities collaboration
How do we engage?
- Counterparty human rights and compliance screenings
- Business dialogues
- Yard visits
- Meetings with suppliers representatives
Key Topics or concerns raised
- Collaboration to ensure high level of efficiency, safety and quality
Actions or initiatives
- Implemented the new third party screening procedure
- Started dialogue with a software provider for implementing a supplier
  management system for monitoring sustainability performance in 2024
About them
Banks and financing institutions we work with
How do we engage?
- Regular meetings and calls
- Reporting according to loan requirements and ad hoc requests
- Events, gathering and conferences
Key Topics or concerns raised
- CII company’s trajectory
- Progress on CSRD compliance
- Responsible Ship Recycling
Actions or initiatives
- New sustainable financial agreements
- Involvement in the double materiality assessment
About them
Join ventures with partners and Grieg Maritime Group’s investments
How do we engage?
- Continous business dialogues: meetings and presentation updates
- Business forums
Key Topics or concerns raised
- Stability of green ammonia
  availability/pricing for the maritime sector
- Demand of alternative fuels in the future
Actions or initiatives
- Joint forums to handle different areas of importance, such as personal health and safety, decarbonisation, ESG reporting, compliance, cyber security, etc.
- Skarv Shipping signed a contract for 4 low-carbon multipurpose vessels.
- The investments we do within ocean ventures are always with sustainability as a prerequisite: we only invest in ventures within the segment “energy efficiency”, “zero emission” and “clean ocean”.
- Grieg Edge-supported desalination startup Ocean Oasis, that reached a significant milestone: the first drops of fresh water, and Grieg Edge-partner Green H formalised a contract with Torhatten Nord comprising a 15-year hydrogen supply agreement.
About them
Group of infdividual people and companies as well as the press
How do we engage?
- Social Media posts
- Subscription to new channels
- Direct contact with journalists
- Website news
- Events and conferences
Key Topics or concerns raised
- Employment opportunities
- Climate change risks in shipping
- Diversity and inclusion
- Financial results
Actions or initiatives
- Launched new website for the Group and all the subsidiaries
- Participation in different congresses and seminars (Green Ports Lisbon, Maritime SheEO, NorShipping, etc.)
- Proactively share GMG news and topics to media
About them
Auditors, regional organisations and governments as well as the classification societies
How do we engage?
- Events and conferences
- Meetings
- GMG Annual report
- Annual audits and certifications
Key Topics or concerns raised
- Compliance with regulations
- Interest in GMG’s decarbonisation strategy and sustainability reporting progress
- Availability of renewable fuels
Actions or initiatives
- The company ordered 4 new green ammonia ready vessels
- Participate with industry associations
- Continue collaboration, providing insights and transparency reporting. An example is the joint publication with other companies of the report study of assessing the feasability of retrofitting and open hatch bulk carrier for green ammonia operations.

Stakeholder engagement

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How do we engage?

Key Topics or concerns raised

Actions or initiatives

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How do we engage?

Key Topics or concerns raised

Actions or initiatives

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How do we engage?

Key Topics or concerns raised

Actions or initiatives

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How do we engage?

Key Topics or concerns raised

Actions or initiatives

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How do we engage?

Key Topics or concerns raised

Actions or initiatives

About them

How do we engage?

Key Topics or concerns raised

Actions or initiatives

About them

How do we engage?

Key Topics or concerns raised

Actions or initiatives

About them

How do we engage?

Key Topics or concerns raised

Actions or initiatives

Partnering initiatives

Explore our non-profit partnerships that drive positive change in ESG. From environmental conservation to social responsibility, we collaborate with like-minded organizations to create a better future for all.