SIMIC

THE UK's University of Plymouth and the National and Kapodistrian University of Athens, two renowned maritime academic institutions, together with an advisory committee of industry experts, have collaborated to develop a groundbreaking ESG (Environmental, Social, and Governance) reporting methodological framework and index specifically tailored to the unique characteristics of the maritime sector, reports Hellenic Shipping News Worldwide.

This pioneering ESG index, the first of its kind in the maritime industry, is scheduled to be officially unveiled during London International Shipping Week 2023. It is the result of three years of rigorous independent academic research, involving extensive data collection and analysis from across the globe.



The primary aim of the ESG Index is to bridge the existing gap in credible benchmarking within the maritime sector. By doing so, it intends to support the shipping industry in aligning with upcoming, more stringent ESG reporting requirements on a global and unified basis.



The ESG Index is built upon a comprehensive assessment of more than 70 shipping companies.



The academic and research team responsible for its development includes esteemed professionals such as Michael Tsatsaronis, assistant professor in quantitative methods in shipping at the National and Kapodistrian University; Stavros Karamperidis, head of the Maritime Transport Research Group at the University of Plymouth; Theodoros Syriopoulos, professor of shipping finance and head of the ports management and shipping at the National and Kapodistrian University; and Georgia Boura, PhD. candidate at the National and Kapodistrian University.



The team was guided and supported by an advisory committee of expert industry insights, which included prominent figures like Gina Panayiotou, ESG manager at west P&I, and Christopher Fee, director of global engagement and sustainability at Oldendorff.