D/S Norden has reported the shipping company’s progress in reducing the CO2 emissions from its owned ships every year to the green NGO Carbon Disclosure Project (CDP). The NGO is used by a large group of institutional investors when evaluating the investment potential of companies, and good results can therefore be worth lots of money in investments.

“We are not trying to hide the fact that our ships sailing with fossil fuels are damaging to the environment. But we are constantly working to limit fuel consumption. Partly through technological initiatives, which keep getting more and more efficient, partly by sailing at the right speeds – what we refer to as right steaming, which benefits both the environment and Norden’s bottom line. We speak openly about all these initiatives in our annual CSR-report. It’s completely natural for us to make this information available to the CDP, which we know is being used by investors, including those with investments in – or who consider investing in – Norden,” says Ulla E. Nielsen, CSR Director of Norden, to ShippingWatch.