ESG

ESG

We establish our focus on Environmental, Social, and Governance (ESG) policies.


We create lasting change

At our core, we truly believe in treating everyone around us with the utmost care and respect. We know that our success is not just measured by our commitment to excellence, but also by how we treat our team, collaborators, communities, and society as a whole. We always strive to show empathy and understanding towards those we interact with, because we know that it makes a world of difference.


ESG

"At Baseblue, we believe that the future of the maritime industry lies in sustainability, responsibility, and innovation. Our commitment to Environmental, Social, and Governance (ESG) principles is more critical than ever as we navigate through rapid transformations and new regulatory frameworks." - Lars Nielsen, CEO


ESG Long Term Vision

ESG

Baseblue’s sustained success is built on integrity, leadership, and agility, supported by a long-term ownership structure that fosters trust and loyalty. These principles provide a resilient framework to navigate both challenges and opportunities in an ever-evolving maritime landscape.

In the face of market volatility and shifting regulations, Baseblue has demonstrated resilience and adaptability, powered by the expertise and dedication of our leadership and employees. Our strategic focus on decarbonization, compliance, and innovation strengthens our industry leadership and prepares us for future growth.

ESG

We are focusing on investing in sustainable development, employee well-being, and robust compliance processes. By exploring innovative solutions and maintaining our focus on operational excellence, Baseblue ensures long-term success while driving positive change in the maritime sector.


ESG

"Our performance this year is a testament to the strength of our partnerships. By working closely with customers, suppliers, and regulatory bodies, Baseblue has been able to deliver practical, impactful solutions that align with the industry’s growing commitment to decarbonisation." - Gregory Gregoriou, CCO


 

  • Key Achievement: 100% ISCC Certification – Ensures sustainable practices across operations.
  • Carbon Reduction Initiatives:
    • Transition to low- and zero-carbon fuels, including LNG and biofuels.
  • Operational Efforts:
    • Launched Fuelink a digital platform for fuel management to improve compliance and reduce emissions.

“Building a diverse, inclusive workplace where every individual thrives, while making a positive impact on our communities.”

  • Diversity and Inclusion:
    • Gender Balance Policy aiming for a 60/40 organizational split.
    • 20 weeks of paid parental leave for all genders across all regions.
  • Employee Development:
    • New Training Lab launched for skill development.
    • Advanced training for 98% of sales force on new fuels and carbon markets.
  • Community Engagement:
    • Six local community initiatives.
    • Environmental awareness campaigns and charity partnerships.

“Integrity, transparency, and accountability are the cornerstones of our governance framework.”

  • Compliance and Ethics:
    • A New Supplier Code of Conduct was introduced to ensure transparency.
    • Web-based misconduct reporting tool implemented.
  • Cybersecurity:
    • Comprehensive training with annual simulations for employees.
  • Transparency:
    • Enhanced ESG reporting processes and adopted robust governance frameworks.

ESG Achievements

ESG

ESG Targets

Environmental

We are committed to accelerating the Decarbonisation of the Maritime Sector.

Supplied fuel

2030: We aim to have very low carbon fuels make up at least 5% of the total product portfolio (by energy content).

Service Operations

Ongoing: We will reduce and recycle all general waste at office sites, where possible.

2025/26: We commit to fully transferring to electrical company cars.

2030: We aim to operate on 100% renewable energy.

ESG

Social

We are committed to creating a more diverse and inclusive workplace.

Diversity, Equity and Inclusion

Ongoing: Our ambition is to have either gender make up at least 40% of the composition in the organisation at levels.

Talent and Capabilities

Ongoing: Offer employees career advancements the Group.

Health and Safety

Ongoing: Zero incidents in Health and Safety at workplace.

Local Community Impact

Ongoing: We strive to have a positive and responsible impact on the communities where we are present by supporting local organisations, institutions and projects.

 

ESG

Governance

We are committed to Operating, Promoting & maintaining a Compliance Culture, and the Programme is regarded as Best in Class in our Industry.

Corporate Governance
Ongoing: We will maintain uniform, clear, and transparent processes.

Cyber Security
Ongoing: We will continuously invest in and improve our cyber security program.

Compliance
Ongoing: We will continue embedding and maintain a strong compliance culture. We will continue to build and maintain awareness of how misconduct is reported and handled and procedures and maintain high corporate governance and accountability for our activities.

Transparency & Reporting
of Performance
Ongoing: We aim to secure continuous automation and improvement of our collection and processing of ESG data.

ESG

ESG

At Baseblue, sustainability isn’t just a commitment—it’s a catalyst for positive change. We embrace new regulations as opportunities, driving alignment and consistency across our industry while building the infrastructure for a decarbonized, inclusive future."- Stella Fyfe, ESG Manager


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ESG

The Ultimate FuelEU Maritime Guide

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