The North American Marine Environment Protection Association’s (NAMEPA) ‘Maritime Sustainability Passport’ (MSP) Certificate and Seal has once again been awarded to the American P&I Club.
The American Club successfully met the program’s requirements and received its MSP Certificate and Seal, denoting dedication to the marine environment. The program encompasses each of NAMEPA’s Transparency Pillars in its Environmental, Social, and Governance (ESG) metrics and the Club has demonstrated strong compliance with these pillars.
“Sustainability principles connected to ESG goals have always been strategically embedded in the core purpose and processes of the American P&I Club as a mutual not-for-profit marine insurer, through its Managers, Shipowners Claims Bureau, Inc., in all operational, departmental and service policies and procedures,” remarked Dorothea Ioannou (pictured), CEO of Shipowners Claims Bureau, managers of the American Club.
“Partnering with industry stakeholders such as NAMEPA through their Maritime Sustainability Passport certification process once again in 2023 enhances our visibility in this arena, reflects the significance we place on accountability, and confirms our continuing commitment to these goals.”
The Maritime Sustainability Passport (MSP) Program was developed by NAMEPA and ESGplus LLC as an innovative ESG assessment tool tailored specifically for the maritime industry. Launched in June 2020, the tool enables companies, associations, educators, and individuals in the industry to evaluate their adherence to ESG principles. Covering all three elements of sustainability, the program encompasses Six Transparency Pillars: Waste Management, GHG Emissions, Education, Technology, Social, and Governance.
In 2021, NAMEPA’s MSP program was awarded the 2021 Green4Sea Initiative Award. The Green4Sea award is given to an organization that has sparked, realized, or significantly contributed to a specific initiative toward greener shipping.
