SSI at COP28
SSI will be at the 2023 UN Climate Change Conference (COP28) in Dubai, United Arab Emirates. Throughout COP28, we will be involved with various events and media relating to a plethora of matters around sustainable shipping.
Join us at the COP events:
Could some of the world’s largest ports, like Houston, Shanghai and Lázaro Cárdenas, become unusable due to sea level rises?
The triple climate crisis poses an existential threat to global shipping, responsible for 3% of emissions. By 2050, a 40cm sea level rise could devastate coastal communities worldwide. Explore learnings from the Global Maritime Trends Report 2050 on this urgent challenge. Discover innovative solutions and steps the maritime sector can take to curb emissions and prevent climate catastrophe, securing a sustainable future for our oceans and our planet. Elizabeth Petit González from SSI will be on the panel.
- Date: Tuesday 5th December
- Time: 12:30 – 13:30 (GST)
- Location: Ocean Pavilion, Blue Zone
- Organisers: Lloyd’s Register Foundation
- Livestream: Ocean Pavilion YouTube channel
Staying on Course for 1.5: Africa’s role in accelerating shipping’s green transition.
A 1.5-degree pathway will be impossible without shipping’s rapid, just and equitable green transition. Africa has a crucial role to play in this. This event will bring together key shipping stakeholders to highlight credible climate action and solutions during a pivotal year, including in response to a new GHG strategy at the IMO. This event will have french translation live during the event.
- Date: Tuesday 5th December
- Time: 15:00-16:30 (GST)
- Speakers: Ruth Boumphrey, CEO, Lloyd’s Register Foundation; Magda Kopczyńska, Director General of the Directorate-General Mobility and Transport; James Myunpe, Presidential Economic Advisor and Hydrogen Commissioner, Government of the Republic of Namibia; Funmi Folorunso, Secretary General, African Shipowners Association; Camille Bourgeon, Technical Officer – Marine Environment Division, International Maritime Organization; Sam Megwa, African Maritime Lead, UN High-Level Climate Champions Team; Lydia Ngugi, President of MTCC Africa
- Organisers: Sustainable Shipping Initiative, Lloyd’s Register Foundation
- Location: SE Room 6, Blue Zone
- Livestream link: UN Climate Change events YouTube channel
Navigating the Future: Bridging shipping, biodiversity, and decarbonisation.
Join us to explore how decarbonising shipping can have a nature-positive impact on ocean health and biodiversity.
There has been increasing focus on the need – and opportunity – to decarbonize international shipping. However, a sustainable, resilient maritime industry needs to consider not only how to decarbonize, but also other environmental, social, and socio-economic impacts. Now is the time to ensure that the growing momentum to decarbonize is informed by and coordinated with efforts to improve shipping’s overall impact on the ocean. Recognizing that this is interconnected, it is crucial to understand how shipping operations currently impact the environment around them, and to research and develop solutions for decarbonization that also consider these other ocean impacts and have potential co-benefits in addressing ocean health and biodiversity loss.
Moderated by Susan Ruffo, UN Foundation Senior Advisor for Ocean and Climate, this event will explore shipping’s short and long-term impact on ocean health, productivity and biodiversity, identify links between actions to decarbonize and to protect ocean health and anchor these in the shipping community through best practice.
- Date: Friday 8th December
- Time: 15:00 -16:00 (GST)
- Organisers: Equal Routes, Race to Zero, Sustainable Shipping Initiative, UN Foundation
- Location: State of Green Pavilion, Blue Zone
Look out for the SSI in the Race to Zero blog and COP daily news.
- Tuesday 5th December – Green steel in shipping: How international shipping can lower emissions through progressive adoption of green steel
- Wednesday 6th December – How green corridors might help us understand the socio-economic and broader environmental aspects of the transition to zero carbon shipping
Steven Jones
Steven Jones
Chief Executive Officer
Steven spent a decade working as a navigation officer in the merchant navy, primarily on cable ships. Ashore he has worked in marine fraud investigations, maritime security, and with the UK Department for Business and Trade. He is also the Founder of the Seafarers Happiness Index, a project with the Mission to Seafarers to address the concerns of crew and to ensure that the voice of those at sea is heard, good practices shared, and problems tackled. Steven is also the author of key maritime industry texts on Maritime Security, Piracy, Stowaways and Crime at Sea. He holds a BSc (Hons) in Maritime Studies, and Masters degrees in Marketing, Communications and Public Relations, and also International Relations.
Rotorsail leasing initiative
Progress against milestone 6.2030.4:
Zero emission vessels using sustainable marine fuels are commercially available in the global fleet and widely adopted in newbuilds and retrofits.
Norsepower, IINO Lines, and Mizuho Leasing are launching a mechanical sail leasing initiative for the Norsepower Rotor Sail™. This initiative aims to increase shipping companies’ access to rotor sails aim help reduce fuel consumption and emissions.
Source: Norsepower
Brazil to Require Mandatory Sustainability Reporting from 2026
Progress against milestone 4.2030.5:
Sustainability performance data is audited, validated and made publicly available.
Brazil is requiring public companies to provide annual sustainability and climate-related disclosures, starting in 2026. These new reporting requirements are based on sustainability and climate-related disclosure standards issued by International Financial Reporting Standards’ (IFRS) International Sustainability Standards Board (ISSB).
Public companies and investment funds will begin their sustainability reporting following IFRS standards in 2024 on a voluntary basis and mandatory for public companies in 2026.
Source: IFRS
SSI Impact: News from our journey to sustainable shipping - 04/2023
The SSI Newsletter is published quarterly and is the place to find news from the SSI community, our partners and the impact of our collective work along our journey to a sustainable shipping industry.
Subscribe to SSI Impact: News from our journey to sustainable shipping
Transition Plan Taskforce unveils best practice climate disclosure frameworks
Progress against milestone 4.2030.5:
Sustainability performance data is audited, validated and made publicly available.
The Transition Plan Taskforce released the Disclosure Frameworks for corporate climate transition plans, aligning with globally recognised reporting frameworks and standards.
The Disclosure Framework builds on the global baseline of disclosures developed by the International Sustainability Standards Board (ISSB) and draws on the work for the Glasgow Financial Alliance of Net Zero (GFANZ).
Source: Transition Task Force Plan
Roadmaps to Nature Positive
Progress against milestone 1.2020.1:
Progressive increase in adoption of sustainable ocean policy and blue economy principles, and development of a roadmap to improve global ocean governance.
The World Business Council for Sustainable Development (WBCSD) released the Roadmap to Nature Positive. The Roadmap provides companies with a comprehensive guide for taking credible, impactful nature action and can be used to define and improve ambitious strategies, investments, and transition plans.
EU Carbon Border Adjustment Mechanism
Progress against milestone 6.2020.2:
Short- and mid-term measures for GHG emissions reductions agreed and implemented.
The European Commission’s Carbon Border Adjustment Mechanism (CBAM) is a new carbon tax on imported goods. CBAM aims to equalise the carbon price paid by European products with those from outside the EU.
Under CBAM, companies are required to collect data on embedded emissions of imported products from October 2023 onwards, with reporting commencing at the end of January 2024, and will apply through the transition phase of CBAM, which runs until the end of 2025.
Source: European Commission
SSI Impact: News from our journey to sustainable shipping - 03/2023
The SSI Newsletter is published quarterly and is the place to find news from the SSI community, our partners and the impact of our collective work along our journey to a sustainable shipping industry.
Subscribe to SSI Impact: News from our journey to sustainable shipping
IBF deal secures 250,000 seafarers a 6% pay boost
Progress against milestone 3.2020.5:
Workers across all phases of ship lifecycle, onboard and offshore, have access to union representation and their working and living standards are improved.
The International Bargaining Forum (IBF) agreed terms for the 2024-2027 IBF Framework Agreement. Over 250,000 seafarers covered by this agreement will receive a 6% wage increase over the next 2 years.
The agreement also includes reference to ILO Convention 190 in Violence and Harassment to reinforce a joint commitment to provide safe workplaces free of violence, discrimination, and harassment.
Source: ITF seafarers