As part of taking responsibility for accelerating the transition, Navigare Capital has defined its ESG narrative and made four overarching commitments that will help guide the actions needed to deliver on this.
Overall, these commitments mean that Navigare Capital will set ambitious ESG targets, make data-driven decisions, report in a transparent way, and invest in green technology when it becomes available and is economically feasible.
Sustainability
In light of the implications of climate change in general – as recently evidenced by the sixth assessment report by the IPPC – both in terms of physical and transitional risks and opportunities, and the fact that the shipping sector holds responsibility for its adverse impact on the climate, Navigare Capital Partners places great emphasis on its responsibility in the field of sustainability
Net zero
by 2050
2025
35%
reduction in carbon intensity compared to 2008
2030
55%
reduction in carbon intensity compared to 2008
↓
reduced exposure to coal cargoes
Navigare Capital’s ESG narrative and commitments
We deliver attractive, risk-mitigated returns while enabling the green transition of the shipping sector
1
Navigare Capital commits to ambitious ESG targets that are important to investors, lenders and society and improve business performance
2
Navigare Capital makes data-driven business decisions, integrating ESG risks and seizing ESG opportunities into key decision processes as yet another de-risking principle
3
Navigare Capital engages with its key stakeholders in a transparent way, providing key data on material ESG topics
4
Navigare Capital is accelerating the required innovation to fuel the transition by investing in green technologies
Read our Sustainability Report
For a more in-depth discussion of this and other interesting topics within environment, social and governance, please refer to our latest Sustainability Report covering 2023.
Memberships
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Principles for Responsible Investment (PRI)
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Navigare Capital Partners is a signatory to the Principles for Responsible Investment (PRI) Association. The PRI works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole.
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Maritime Anti-Corruption Network (MACN)
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The MACN is a global network of maritime companies working to ensure that the maritime industry remains free of corruption. Established in 2011 by a small group of committed stakeholders, the MACN has grown to include 130+ companies globally. To date, the MACN’s collective work has led to a significant reduction in demands for facilitation payments in many hot spots worldwide. Through MACN´s pillars – the three C’s: capacity building, collective action and collaboration – experts are working together to raise the integrity standard in maritime trade.
Navigare Capital Partners consistently sets the bar high and maintains high standards in all aspects of our business, and we are especially focused on operational ethics, transparency and proper working conditions. MACN’s aim to eliminate corruption in the maritime industry is closely aligned with our own values, philosophy and way of doing business. -
Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
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The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping is a not-for-profit, independent research and development centre looking to accelerate the transition towards a net-zero future for the maritime industry. Together with its partners, the centre drives and facilitates the development and implementation of new technologies, builds confidence in new concepts and looks for mature, viable strategic ways to drive the required systemic and regulatory change.
Navigare Capital Partners’ partnership with the centre underpins its commitment to net zero and its strong focus on enabling the green transition of the shipping sector.