As part of our determination to have a sustainable future, we have established Silvania, our commitment to invest $500M in nature-based solutions for biodiversity and sustainable reforesting. We have already invested across five continents and are looking at different technologies to solve some of the very numerous biodiversity issues. We believe advancements in terms of digitalisation and Artificial Intelligence are important to our business and it is important to leverage their benefits. We continue to search for and develop solutions that can be applied to our business and optimize our decisions. We are pleased with the progress we have made in a number of areas including our reporting and calculation of our group’s Greenhouse Gas emissions. In 2023, we digitized our emissions reporting system and streamlined reporting procedures among our assets. This is aimed at providing more robust systems for our emissions reporting as we progress towards our net zero commitment by 2050. 

People are at the heart of our business. We respect and protect human rights across our operations and prioritize the safety and benefits of the communities we touch. We ensure that our employees strive in a diverse, inclusive and safe company culture. The mental and physical health of all our employees is very important, including those of our seafarers. Seafarers spend extended periods of time at sea. Prioritizing their health and well-being is a priority for us. Similar to last year, we provided a window into the seafarer’s life and work through our annual MM Marine photo competition. The competition drew an astounding response of over 700 high-quality photo entries, showcasing the perspective of seafarers lead at sea. We are thrilled to share the captivating photos of the winners with the world throughout this report. 

During 2024 we will continue to focus on fostering innovation in our industry, growing business in a sustainable manner and protecting human rights.