CSR - A Systematic Approach
Corporate Social Responsibility
NORDEN takes an active approach to environmental and social sustainability because the Company recognises a responsibility for climate change, the environment, occupational health, employee conditions, safety at sea and other Corporate Social Responsibility (CSR) issues.
NORDEN has a CSR Executive Body appointed by the Board of Directors in 2008 which has the overall responsibility for ensuring that NORDEN has a systematic management approach to environmental and social sustainability in which the issue of climate change is included.
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NORDEN’s CSR work is structured in accordance with the United Nations Global Compact and in December 2009 the Company signed the UN Global Compact. |
Global solutions to global challenges
Climate management and CO2 emissions are global problems requiring a global solution. The Kyoto protocol places regulation of the shipping business in the hands of the UN’s international shipping organisation, the International Maritime Organization (IMO). The IMO is working on determining a measure of how energy-efficiently a vessel transports its cargo. This work is to form the basis for the regulation of CO2 emissions by the shipping industry. NORDEN supports the IMO’s work and considers it important to find international solutions to this global problem, as such solutions provide the best environmental improvements and ensure equal competition for all shipping companies around the world. More
Focus areas
NORDEN has defined a set of views and selected some specific focus areas. NORDEN has established adequate management systems to handle compliance with these policies and reporting systems, allowing the Company to focus on continual improvements. More
Research & Development & Community activities
NORDEN supports various benevolent initiatives directly and through foundation grants, e.g. the financing of a PhD stipend with the Copenhagen Business School focusing on environmental challenges facing shipping; the financing of equipment for a hospital in the Philippines, contributions to activities in local Philippine communities,sponsorships of the Experimentarium in Denmark, the Singapore Centre for Maritime Studies and the Shanghai Maritime University as well as paid trips for Chinese students and professors to study in Denmark. More
United Nations Climate Change Conference 2009
In 2009 Denmarkhosted United Nations Climate Change Conference 2009. The goal was to enter into a binding global climate agreement. The Danish government’s ambition was for the agreement to include as many countries as possible, and that the agreement must contribute to a reduction in man-made greenhouse gases which have a negative effect on our climate system.
Domestically, the Danish government’s goal was that the Danish companies actively contribute to the handling of the global climate challenges. Therefore the government has made it compulsory that large companies include corporate social responsibility in their reporting and the government has in co-operation with Dansk Industri (in English: The Confederation of Danish Industry) developed a web-based climate tool – Klimakompasset (in English: Climate Compass) that helps Danish companies to make climate accounts and climate strategies.
A number of case-studies are used on the Klimakompasset as inspiration and examples for other companies. NORDEN is among the case-studies – and further information is available here (in Danish only)
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