Algoma Central Corp 2023 SR
The report covers the sustainability performance of Algoma Central Corporation for the fiscal years 2022 and 2023. Key highlights include an 18% reduction in greenhouse gas intensity for the domestic dry-bulk fleet since 2008 and the successful trial of biofuels on five vessels, achieving a 76% lifecycle emission reduction. The company introduced a new online Learning Management System, recording over 2,600 training hours, and achieved its lowest annual number of lost time injuries. Algoma also advanced its fleet renewal with methanol-ready vessels and maintained a high Green Marine score of 4.4/5. The report emphasizes commitments to decarbonization, aiming for net-zero by 2050, and fostering a diverse, safe, and engaged workforce.
Company: Algoma Central Corp
Sector: Transport & logistics
Country: Canada
Year: 2023
Type: SR
Pages: 40
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Algoma Central Corp
Sustainability Report
The report covers the sustainability performance of Algoma Central Corporation for the fiscal years 2022 and 2023. Key highlights include an 18% reduction in greenhouse gas intensity for the domestic dry-bulk fleet since 2008 and the successful trial of biofuels on five vessels, achieving a 76% lifecycle emission reduction. The company introduced a new online Learning Management System, recording over 2,600 training hours, and achieved its lowest annual number of lost time injuries. Algoma also advanced its fleet renewal with methanol-ready vessels and maintained a high Green Marine score of 4.4/5. The report emphasizes commitments to decarbonization, aiming for net-zero by 2050, and fostering a diverse, safe, and engaged workforce.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2022 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Women in Management
Workplace Fatalities
Net Zero Target
Employees