Aberdeen, Scotland-headquartered offshore vessel specialist North Star has released its 2024 ESG report that shows that the company has made major advances in sustainability, including an18% reduction in fleet CO2 emissions. North
“Our ESG performance isn’t simply a compliance exercise, it’s integral to how we make decisions,” says North Star’s strategic projects manager Jen Redman.
Aberdeen, Scotland-headquartered offshore vessel specialist North Star has released its 2024 ESG report that shows that the company has made major advances in sustainability, including an18% reduction in fleet CO2 emissions.
North Star says that a £400 million (about $546 million) ongoing commitment as part of its ESG strategy, combined with a £1.8 million (about $2.6 million) investment in crew training last year, has delivered significant progress in its transition to operating a net zero fleet by 2045.
North Star is the U.K.’s largest integrated ship owner-operator with a current fleet of 48 vessels. Findings from its 2024 ESG report, include an 18% reduction in fleet-wide carbon intensity compared to 2022, alongside a 15% year-on-year cut in Scope 1 greenhouse gas (GHG) emissions.
The 12-month analysis in the 2024 ESG report illustrates the successful deployment of
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