With over a hundred years of history, we are used to taking a long-term view – one that builds on a strong and sustainable core business model. We want to create long-term value for our customers, employees, shareholders and societal stakeholders.
We strive for responsible economic development, while identifying and addressing our environmental and social impacts.
Environment
With its modern fleet Belships is well placed to deliver emission cuts in line with industry ambitions for 2030.
Belships is committed to continuously improving energy efficiency, meeting its GHG reduction obligations and satisfying all other requirements related to the environment.
Investments in new vessels, a low average fleet age and deployment of new technologies means we have a best-in-class energy efficiency performance in our segment. We strive to operate to high environmental standards, complying with relevant environmental regulations. Belships’ environmental management system is independently certified to the international standard ISO 14001 and is implemented in conjunction with the international quality standard ISO 9001:2000.
Social
We are continuously working towards fostering an engaging, safe and inclusive work environment where we take action to secure that all workers have decent working conditions and that we continue to improve the work environment for all our employees.
The many cultures and backgrounds of the people working for Belships is a display of diversity and has been embedded in the Group for decades. Good working conditions, in adherence to labour and human rights, is the foundation for any company to successfully attract, develop and retain employees over time.
Governance
Belships aim to be a leader in corporate governance and transparency within shipping.
Belships’ corporate governance policy is based on “The Norwegian Code of Practice for Corporate Governance” (the “Code”), most recently revised on 14 October 2021 and issued by the Norwegian Corporate Governance Policy Board. The policy is designed to establish a basis for good corporate governance to support achievement of the company’s core objectives on behalf of its shareholders, including the achievement of sustainable profitability. By pursuing the principles of corporate governance, the board and management contributes to achieving open communication, equal rights for all shareholders and good control and corporate governance mechanisms. The board assesses and discusses the corporate governance policy on a yearly basis.
