Posted on: 24 February 2021
Watson Farley & Williams (WFW) is delighted to announce the launch today of its new maritime sector global report “The Sustainability Imperative: ESG – reshaping the funding and governance of shipping”.
Sustainability concerns have rocketed up the shipping agenda over the past decade, with environmental, social and corporate governance (ESG) issues already influencing financing decisions, fleet renewal and regulatory change across the industry.
The report examines the industry’s views on sustainability and governance and how these issues will impact on how it finances, and even structures, itself. It is built around a worldwide survey of 545 industry decision-makers as well as ten in-depth interviews with senior figures from the sector.
WFW Global Maritime Sector Co-Head George Paleokrassas commented on the genesis of the report: “We decided to focus our global maritime report on the single most important issue affecting the industry – sustainability”.
WFW Global Maritime Sector Co-Head Lindsey Keeble added regarding its key findings: “The survey points to a wider willingness to collaborate and form joint ventures to share the financial burden of decarbonising shipping”.
You can register to download the full report by clicking here.
