Environmental, Social and Governance (ESG)
ESG is embedded across our strategy, governance, and operations. We focus on the topics where our activities have the greatest impact on people, the environment, and on long-term value creation
At Wilhelmsen, ESG is integrated into our strategy, governance, and daily operations. Through our annual double materiality assessment, we identify and prioritise the environmental, social, and governance topics most relevant to our business, stakeholders, and long-term value creation. These priorities guide our ambitions, targets, and management of material impacts, risks, and opportunities across the group.
Reduce GHG emissions in own operations We target a 42% reduction in Scope 1 emissions by 2030 (base year 2022) and 100% renewable electricity by 2030, with an interim target of 80% by 2025. |
Support maritime decarbonisation and energy transformation We target investments in new arenas related to decarbonisation and energy infrastructure. |
A safe, engaging workplace with no harm to people We target zero work-related fatalities and a lost time injury frequency (LTIF) of no more than 0.40 for seafarers and 2.00 for onshore employees. |
Build a culture where employees feel valued and safe We target an employee engagement score above 8 (out of 10) and 40% gender balance in the top 3 management levels and internal boards by 2030. |
Have responsible supply chain partners We target 100% of suppliers agreeing to the Supplier Code of Conduct. |
Be a trusted and compliant value chain partner We target 100% of employees completing Code of Conduct and cyber security training. |