Dampskibsselskabet Norden A/S 2020 AR2
The report outlines NORDEN's financial and sustainability performance for the fiscal year 2020, highlighting its best Adjusted Result in 10 years at USD 106 million despite challenging market conditions. The company successfully transitioned to a new business unit structure comprising Asset Management, Dry Operator, and Tanker Operator, with all three units generating positive results. In sustainability, NORDEN became a founding signatory of the Sea Cargo Charter, committing to transparent emissions reporting aligned with the Paris Agreement, and set a target to achieve 100% carbon neutrality by 2050. Additionally, NORDEN reduced its SOx emissions by 72% through compliance with IMO 2020 regulations and established a joint venture with Synergy Marine Group for technical management.
Company: Dampskibsselskabet Norden A/S
Sector: Transport & logistics
Country: Denmark
Year: 2020
Type: AR2
Pages: 136
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Dampskibsselskabet Norden A/S
Annual Report
The report outlines NORDEN's financial and sustainability performance for the fiscal year 2020, highlighting its best Adjusted Result in 10 years at USD 106 million despite challenging market conditions. The company successfully transitioned to a new business unit structure comprising Asset Management, Dry Operator, and Tanker Operator, with all three units generating positive results. In sustainability, NORDEN became a founding signatory of the Sea Cargo Charter, committing to transparent emissions reporting aligned with the Paris Agreement, and set a target to achieve 100% carbon neutrality by 2050. Additionally, NORDEN reduced its SOx emissions by 72% through compliance with IMO 2020 regulations and established a joint venture with Synergy Marine Group for technical management.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees