Since we published our first Responsibility report in 2020, we have been working tirelessly on pushing forward on our Responsibility agenda. With a corporate purpose guiding us to challenge the status quo, it is our second nature to ask questions and be curious on how we can do better.

In essence, Monjasa is taking on the position of being a constructive challenger by using critical thinking to question, challenge and improve the status quo in the pursuit of accelerating not only the green transition, but all matters under the Environmental, Social and Governance (ESG) agenda.

To keep momentum in our work, our focus in 2023 was to initiate a larger strategic work on how Monjasa can meet the coming demands of the EU’s Corporate Sustainability Reporting Directive (CSRD) by formulating an overarching strategy for our ESG agenda.

Navigating by line of sight

In maritime navigation, the concept of line of sight serves as a fundamental principle for charting courses and ensuring safe passage. An unobstructed visual path between observer and target, typically indicated by landmarks or navigational aids. It guides mariners in aligning their course with distant points of reference ensuring safe navigation across open waters.

For Monjasa, the notion of line of sight finds equal importance as we link overarching ESG ambitions to each operational initiative launched to help reach them. Just as seafarers rely on clear sightlines to steer their ships towards destinations, we have established coherent alignment between strategic material goals and day-to-day operations. This alignment ensures that every action taken at the operational level, as well as every performance metric, contributes meaningfully to how we want to evolve as a responsible company.

By maintaining this line of sight, we ensure that we all row in the same direction. So, whether you are sailing the high seas, playing a constructive role in the global transition of shipping, navigating a rapidly changing sanctions environment, or ensuring a safe, fair, and inclusive workplace for our people, having a clear line of sight is key to reaching the destination.

Our ESG priorities

Environment

• Since 2002, Monjasa has been fuelling global trade by being closely connected to shipowners and market developments. We want to be part of shipping’s green transition by helping pave the way for new low-carbon fuels in the industry and improving our own environmental impact through energy efficiency improvement in our operation.

Social

• Anchored by our purpose and values, Monjasa embraces the diversity of people, backgrounds and perspectives to attract and develop talent that can strengthen our business and form the backbone of sustainable evolution. This is why we always have, and will continue to, put health and safety, inclusion, equal opportunities for everyone and opportunities for development high on our agenda.

Governance

• Monjasa operates across jurisdictions and cultures in compliance with all current legislation. Our work is rooted in our strong company culture based on open dialogues, trust and transparency as the foundation for our leading industry governance position.
  
  

Governing our Responsibility efforts

When it comes to governing ESG developments, Monjasa has a steering committee spearheading our work under the ESG agenda. This steering committee includes Group Responsibility Director, Jesper Nielsen, and Monjasa’s Executive Management with Group CEO, Anders Østergaard, and Group CFO, Rasmus Ravnholdt Knudsen.

Monjasa’s Board of Directors oversees our overall ESG ambitions and reviews and approves the annual Responsibility Reports.

In this Responsibility report 2023, you can learn more about our initiatives under the ESG agenda, and the progress we have made through 2023.

Jesper Nielsen
Group Responsibility Director