Wagenborg presents her sustainability report 2022

2022 was yet another unpredictable year. The war in Ukraine, the energy crisis and the following recession have deeply impacted people and businesses around the world. However, amidst these challenges, we cannot forget the urgency of the global climate crisis while finding solutions to keep our customers’ supply chains open for business year-round, as customers were challenged with disruptions, capacity shortages, port congestion and changing trading patterns. Despite all challenges the year 2022 was marked by good results.

The supply chain disruptions had a negative impact on regular trading patterns and routes, as vessels had to deviate to alternative ports or sail at higher speed to make up for lost time. Still, we managed to keep our customer promises and get their commodities to the market whilst realising a decrease of our relative CO₂ emissions with -3,2% compared to 2021.

In 2022, Wagenborg continued actions in fuel efficiency resulting in the improved energy efficiency of our fleet, which has changed to 20,45 gCO₂/t[nm] in 2022 (2021: 21,12). Compared to 2008 the reduction of CO2 emissions per ton mile in 2022 amounted to 25,6% (2021: 23,2%). We are proud of this outcome since we have already achieved our target for 2024.

Our prime responsibility is to keep our people safe. We are pleased to report a strong performance on the targets set for 2022. By the end of 2022 we again registered zero fatalities, but saw a slight increase in our lost time injuries. Every single incident is one too many. We continue to be fully committed to develop a safety culture and mindset that will enable us to eliminate the risk factors leading to accidents.