The Caravel Group Ltd 2023 Sustainability Report
Company: The Caravel Group Ltd
Sector: Transport & logistics
Country: Hong Kong
Year: 2023
Type: Sustainability Report
Pages: 52
The report presents The Caravel Group's Encompass sustainability strategy across four pillars, alongside its new UN Global Compact membership and SASB-aligned reporting. It describes lower ship energy consumption supported by energy-saving devices and voyage optimization, while expanding environmental data collection and waste-management efforts. The company also reports no fatalities from work-related injuries in 2023 and continued investment in seafarer safety, mental health and wellbeing. Workforce initiatives included a Women's Network, DEI training and a 33% increase in female seafarers on ships.
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