Blue ESG

Passion is no longer enough to attract talent. The 'S' of ESG “We’re at an inflection point,” warns Nigel Marrison, Founder of Blue ESG. “If we don’t do anything, who is going to want to work for a gas emitting, waste producing sector that lacks purpose and is experiencing increased protests and activism, whose employees are experiencing burnout and increased mental health issues? We have to align purpose with the values of the next generation.” Blue ESG #esg #esgreporting #nextgen #valuedriven https://lnkd.in/d5Ay6cgZ

Financial products are increasingly being linked to sustainability key performance indicators - KPI's. Adoption and implementation of impactful ESG strategies, goals based methodologies to internationally recognised standards and frameworks offer the opportunity to unlock finance and business development opportunities. Aviva Investors & BNP Paribas complete first sustainability-linked transaction for Associated British Ports Associated British Ports (‘ABP’) announces it has completed a sustainability-linked interest rate swap repack transaction with Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), and BNP Paribas. The 30-year Sterling Overnight Index Average (SONIA) linked interest rate swap transaction is believed to be the first SONIA-linked interest rate swap institutional repack transaction and the first institutional repack transaction to have sustainability-linked key performance indicators (KPIs) attached to it. The performance targets were subject to second party #verification by ISS Corporate Solutions, to ensure they were both sufficiently material and ambitious in nature, whilst also remaining aligned to Loan Market Association sustainability-linked loan principles. As part of the deal, a discount is offered to ABP on its hedging rate, provided that ABP meets certain #sustainability-linked #KPIs. These KPIs require ABP to achieve a significant reduction in its combined #Scope1 and #Scope2 emissions by 2030, building on the 36% reduction it has achieved in its absolute greenhouse gas emissions since 2014. Munawer Shafi, Head of Structured and Private Debt at Aviva Investors, said: “We are delighted to have completed this innovative transaction with ABP and BNP Paribas. It further demonstrates our ability to incorporate sustainability considerations into bespoke transactions, while continuing to deliver the desired economic outcomes for all parties, as well as attractive risk-adjusted returns for our clients. We are committed to deploying capital to where it is needed to help our clients achieve their #sustainability goals, and hope that this transaction will speed the adoption of #ESG-#linked transactions in the swap repack space.” Get in touch: - No obligation 60 minute Masterclass on 'ESG in Maritime'. - Explore how Blue ESG unlocks ESG opportunity for your business. Email: info@blue-esg.com Blue ESG - Maritime ESG Made Easy ---------------- Green Pays Off: $4 #Trillion Revenue Boost for Growth of ESG-Focused Businesses Source: International accounting bulletin --------------- #esg #esgreporting #esgstrategy #unlock #finance #opportunity #emissions #goalbased #scope1 #scope2 #scope3 https://lnkd.in/dki54GW

New EU Sustainable Fund Naming Rules Could Lead to $40 Billion Divestments: Morningstar #esg #greenwashing #eu https://lnkd.in/d9jBbtAk

"Standardised data collection and greater access to this information are needed to develop effective safety policies". "An average of 35 events per year resulting in death were reported between 2013 and 2017, while for the 2018 to 2022 period this figure was 51 per year". "Some 137 accidents were recorded on commercial ships, such as bulk carriers and tankers, between 2018 and 2022, up 28% from the 2013-2017 period.  The trend is more exaggerated with non-cargo carrying ships, with a 71% increase when comparing the two five-year periods for a cumulative total of 117 incidents between 2018 and 2022". Blue ESG are experts in maritime ESG, we are dedicated to raising awareness about the challenges faced by seafarers. The statistics are shocking, but they serve as a wake-up call for the industry to prioritise crew and employee safety and well-being. Let's work together to improve safety and a responsible maritime sector. Have you considered the ESG implications of seafarer safety in your maritime investments? It's time to prioritise the well-being of those who work tirelessly to support the industry. DM me to book a free 30-minute consultation on how Blue ESG can help you. #esg #maritimeesg #esgmadeeasy #responsibleyachting #superyachtaccountability https://lnkd.in/duyAhiBE.

"How Cruise Ships Became A Catastrophe For The Planet" "25% Of ALL Ocean Waste Comes From Cruise Ships" While cruise ships are known for luxury and relaxation, their environmental impact is significant. It's time to rethink the way we approach maritime ESG practices. As leaders in Maritime ESG, we understand the importance of protecting our oceans from pollution. The staggering amount of waste produced by cruise ships is a wake-up call for all of us to take action. Let's work together to prioritize sustainability and conservation in the maritime sector. While cruise ships are known for luxury and relaxation, their environmental impact is significant. It's time to rethink the way we approach maritime ESG practices. DM me to book a free 30-minute consultation on how Blue ESG can help you. #esg #maritimeesg #esgmadeeasy #responsibleyachting #superyachtaccountability https://lnkd.in/gyrCv5w6

During a 6000nm passage a 55m motoryacht emitted the annual equivalent of 67 European Citizens. Despite their luxurious reputation, superyachts have a dark side that is often overlooked. It's time to address the environmental impact of these extravagant vessels. What steps can we take to reduce the carbon footprint of superyachts? Let's work together to create a more environmentally conscious future for the maritime industry. The alarming truth is that superyachts are major contributors to climate change and ocean pollution. As leaders in maritime ESG, it's crucial that we take action to mitigate these harmful effects. Let's start a conversation about sustainable practices and innovative solutions to protect our oceans for future generations. DM me to book a free 30-minute consultation on how Blue ESG can help you. #esg #maritimeesg #esgmadeeasy #responsibleyachting #superyachtaccountability

Over 8 millions tons of plastic enter the ocean each year, threatening marine life and ecosystems Over 8 million tons of plastic enter the ocean each year, threatening marine life and ecosystems. Despite efforts to curb plastic pollution, the numbers continue to rise. It's time for a collective action to protect our oceans. As a maritime ESG expert, I've witnessed the devastating impact of plastic pollution first-hand We must take urgent steps to preserve our oceans for future generations Plastic pollution is a global crisis that requires immediate attention. As leaders in the maritime industry, we have a responsibility to protect our oceans and marine life. Let's work together to create a sustainable future for our planet. DM me to book a free 30-minute consultation on how Blue ESG can help you. Blue ESG #esg #maritimeesg #esgmadeeasy #responsibleyachting #superyachtaccountability

Interested in increasing the profitability of your maritime business? According to McKinsey, ESG can positively impact a company’s operating profits by up to 60% Join myself Nigel Marrison and Nigel Kilpatrick Tuesday 4th June for a ESG Keynote and networking session with Ben Taylor @International Marine Networking. Click on the link to reserve your spot: https://lnkd.in/dJjKPzRX ESG is business critical, and delivers the ESG Impact Trifecta. WIN WIN WIN PEOPLE I PLANET I PROFIT Blue ESG #esg #esgreporting #esgimpact #profitability #esgtrifecta #winwinwin

Access to finance is increasingly being determined by the capabilities of the asset and/or the business to demonstrate an ongoing commitment to ESG. Blue ESG CEO Nigel Marrison writes a piece reflecting on the recent story of The Ritz-Carlton Yacht Collection successfully unlocking $1 Billion finance to build 2 ultra luxury 'yachts'. ------ 📢 Stephenson Harwood LLP - The Paris shipping finance team has won the Marine Money Yacht Financing Deal of the Year award. The firm advised The Ritz-Carlton Yacht Collection (RCYC) on a $1.0 billion Buyers Credit Facility for two ultra luxury yachts.  Crédit Agricole CIB performed the underwriting work, arranging and closing a $1 billion senior secured credit facility for 2x ultra luxury “cruise yachts” built for Ritz-Carlton Yacht Collection (RCYC) at France’s famed Chantiers de l'Atlantique shipyard. #superyacht #finance #esg #esgreporting

80% of Companies See Sustainability as a Potential Revenue, Profitability Driver. Morgan Stanley surveyed more than 300 public and private companies with revenues greater than $100 million, across North America, Europe and Asia Pacific, and representing a broad range of industries. The survey indicated that nearly all companies now recognize the impact of sustainability on their long-term corporate strategies, with 85% of respondents reporting that they see sustainability as a value creation opportunity, including 53% who view it primarily as value creation and 32% as both value creation and risk management, while 15% view sustainability primarily as risk management. Only 1% responded that sustainability is not material to long-term corporate strategy. According to the survey, more than 80% of companies see potential financial opportunities from their sustainability strategies over the next five years, including 81% who see sustainability as somewhat (41%) or very (40%) likely to drive higher profitability, 79% to drive higher revenue (35% very likely, 44% somewhat likely), and 82% to improve cash generation capabilities (38% and 44%). Another key benefit highlighted by the study was improved access to capital, with 77% of respondents reporting that sustainability could drive lower costs of equity or debt over the next five years. ESG Today Blue ESG #esg #esgreporting #competitive #advantage #profitability #superyacht #yachting #yacht #luxurymaritime #maritime https://lnkd.in/dHPk7q9d